March 6 (Reuters) – (This March 6 story has been corrected to read that the lawsuit was filed in the U.S. District Court for the District of Columbia, and not the U.S. Court of Appeals […]
By Charles Kennedy of OilPrice.com, Russian tax revenue from crude oil and petroleum products plummeted by 48% in February from a year earlier due to the much lower price of Russia’s flagship crude grade after […]
By Scott Disavino March 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since August, […]
Oil dipped after hot inflation data led traders to anticipate that central bankers are likely to stay hawkish for the coming months, offsetting hopes for higher demand from Asia.West Texas Intermediate dropped below $76.50, reversing earlier reached […]
Russian oil is still finding its way to buyers around the world. But even those who spend their days tracking its movement across oceans struggle to work out exactly who is ferrying it. As Western sanctions against […]
Oil held near $74 — after the longest run of losses this year — as prices swung with a fluctuating dollar and traders looked toward US inventory figures due later. West Texas Intermediate was little […]
DENVER, Feb 23 (Reuters) – Oil prices will likely climb to the $90 a barrel to $100 a barrel range by this summer, Scott Sheffield, chief executive officer of shale producer Pioneer Natural Resources (PXD.N) said […]
Feb 22 (Reuters) – An oil rig supervisor who earned more than $200,000 a year working for Houston-based Helix Energy Solutions Group Inc (HLX.N) is entitled to overtime pay, the U.S. Supreme Court ruled on […]
Oil extended its longest run of losses this year ahead of the release of Federal Reserve minutes that may provide further clues on the path forward for monetary tightening in the US. West Texas Intermediate […]
Home Fossil Energy IEA: Fraction of bumper profits during 2022 can slash oil & gas sector’s methane emissions As the global energy crisis took the world by storm, tighter supplies and higher oil and gas […]
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