Energy News Beat Publishers Note: What this means to energy: Notice Israel is not on Iran’s list of countries to “get along with”, and with the Biden administration begging to get back to an Iran […]
Texas energy firms on Friday began to prepare for oil and gas production after days of frozen shutdowns as electric power and water service slowly resumed at darkened oilfields and refineries. It will take several […]
New York — 0308 GMT: Crude futures weakened during midmorning trade in Asia Feb. 19 as the support received from supply disruptions in the US due to freezing temperatures eased, allowing prices to return to fundamental […]
At 06:30 GMT, the front-month March WTI contract on Nymex was at $59.73/bl. The contract had traded as low as $58.59/bl earlier in the day, down by 3.19pc from its settlement yesterday. WTI had settled […]
Major indices fall after weak jobs data and a miss in Walmart earnings S&P 500: -0.52% Nasdaq: -0.73% Dow Jones: -0.44% Walmart shares dropped nearly 6% after its fourth-quarter earnings fell short of Wall Street estimates. […]
The sale includes about 450,000 net acres in the Fox Creek and Rocky Mountain House areas in Alberta, along with related infrastructure, which is currently producing 30,000 b/d oil equivalent (boe/d) from more than 270 […]
Diesel traders are snapping up ocean-going tankers to haul millions of barrels of European diesel to the U.S., where the coldest weather in years has brought swaths of the petroleum industry to a halt. At […]
Millions of Texans have gone days without power or heat in subfreezing temperatures brought on by snow and ice storms. Limited regulations on companies that generate power and a history of isolating Texas from federal oversight help […]
Brent oil traded near $65 a barrel as a cold blast that’s taken out almost 40% of U.S. crude production morphed into a global supply shock. Futures in London rose 0.8% after closing at the […]
Saudi Arabia plans to increase its oil output in the coming months, reversing a recent big production cut, say advisers to the Kingdom, a sign of growing confidence over an oil-price recovery. The world’s largest […]
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