oil and gas

oil and gas Articles

The Organization of Petroleum Exporting Countries, the most powerful group in the world of crude exploration, production and shipment to other countries, is made up of 15 nations, one of which will...
An important Chinese executive was arrested in Canada and faces extradition to the United States, Facebook CEO Mark Zuckerberg is involved in another scandal, and other important business headlines...
Three of the world's largest commodity trading houses have been swept up in the ongoing Brazilian corruption investigation known as Operation Car Wash.
Volkswagen may make more vehicles in the United States, Iraq may be the next country to leave OPEC, and more important business headlines.
A prominent member of Congress says a government shutdown can be prevented, a hack of Quora exposes 100 million records, and other important business headlines.
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...
President Trump got China to cut a key tariff, Qatar will exit OPEC, Canada cuts oil output, and other important business headlines.
The U.S. land-based oil rig count rose by two this week while rigs drilling for natural gas dropped by five. The net decline of three was equal to the prior week's count. Crude prices were up...
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...
The U.S. natural gas stockpile drawdown last week was smaller than expected and that has added more weight on already-falling futures prices. Gas for January delivery is trading about 20 cents below...
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.
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.
For those who were reluctant to look at their October statements, and fearing that November’s will look just as bad, be thankful you didn’t have a big long position in oil. Down a stunning 30% in...
The price for natural gas fell below zero on Monday for Permian Basin producers sending gas to a regional hub. Pipelines to transport the gas have reached capacity, and the problem won't go away...
What might happen at the OPEC meeting next week could be decided this week at the G-20 meeting in Brazil.