crude oil prices
crude oil prices Articles
The Baker Hughes rig count for this week shows that a net four U.S. land-based oil rigs were lost. The natural gas rig count remained flat.
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The International Energy Agency on Thursday released its monthly oil market report for December. The agency expects demand to rise both this year and next. Record-level U.S. production could keep...
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Apple will construct a huge facility in Texas, IEA says America will continue to dominate oil markets, and other important business headlines today.
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The U.S. commercial crude oil inventory dropped by more than 1 million barrels last week, a far smaller drop than reported Tuesday night by the American Petroleum Institute. The price of crude...
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The November 30 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks increased.
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U.S. crude oil production continued to rise in November and the U.S. Energy Information Administration is forecasting prices will drop by around 15% on average next year.
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The number of U.S. land-based rigs drilling for oil tumbled by 10 this week while natural gas rigs increased by nine. Prices for both energy commodities are sharply higher Friday.
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OPEC and its partners reportedly have agreed to cut 1.2 million barrels of daily oil production beginning in January and lasting through June 2019. Crude prices are soaring.
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The U.S. crude oil stockpile dropped by more than 7 million barrels last week largely due to a big jump in crude oil exports.
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Saudi Arabia and Russia agreed last week to curb production next year, but details still need to be worked out. In Canada, the province of Alberta has mandated a production cut in an effort to push...
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Ahead of next week's OPEC meeting in Vienna, Russian president Vladimir Putin and Saudi crown prince Mohammed bin Salman are planning to meet on the sidelines of this week's G20 meeting to set a...
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Questions about Russian and Saudi oil production and a surge in U.S. and Canadian shale oil have pushed crude below $50 a barrel for the first time in over a year.
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The U.S. crude oil inventory posted it 10th consecutive weekly rise last week and prices, which had drifted lower Wednesday morning, first dipped lower then steadied.
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The November 15 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
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The recent plunge in oil prices already appears to be taking a bite out of the Texas economic regional output.
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