SANTA FE, N.M.—Lance Wilbanks was looking forward to a rebirth for his trucking company, which saw its business hauling drilling rigs across southeastern New Mexico drop from around two dozen a month to just a […]
An increase in Iranian oil exports to China has received some unwanted attention in recent days and is now prompting fears of a clampdown. Indonesia seized two vessels — one of which was Iranian-flagged — on Sunday […]
Singapore — 0336 GMT: Crude oil futures declined in mid-morning trade in Asia Jan. 28, despite a fall in US inventories, as worries over global growth recovery came back to the fore after the International […]
Growing oil product oversupply and government liberalisation efforts are unlikely to lead to any sharp reduction in Chinese refining capacity in the near future, supporting the country’s crude import demand and fuel exports, participants at […]
The Biden administration’s moratorium of oil and gas leasing on federal public land faced an immediate legal attack from an energy industry group. Western Energy Alliance, which says it represents 200 oil and natural gas […]
Stocks fall sharply from disappointing earnings (beside Gamestop…). Boeing fell more than 4% after its earnings report showed 2020 net loss hit a record of $11.9 billion amid the 737 Max grounding and the coronavirus pandemic. S&P […]
Oil rose as signs of tightening supplies around the world offset concerns over the pandemic’s latest hit to demand. U.S industry data pointed to a sharp drop in the nation’s crude stockpiles last week. If confirmed by […]
ENB Publishers Note: Too bad oil price’s don’t move like $GME (ok final reference for the day) huh? Crude oil prices stay flat even mid bullish draw according to the API. Traders wait for EIA […]
Energy News Beat Publishers Note: An excellent article by Irina Slav for Oil Price. With the major oil companies getting out of oil and gas, Saudi Aramco has stated that they will be producing oil […]
Last year, BP Plc called on Texas regulators to take bold action to stamp out the routine flaring of natural gas, a harmful environmental practice that’s drawn increasing scrutiny from investors. Yet on Tuesday, it was BP’s […]
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