North Dakota oil production swells as wells go back online | Star Tribune

The steep oil price drop in the spring caused a big dip in production, but the industry is back to more normal levels. North Dakota’s oil output soared 14% in August as more wells shut down earlier in the spring because of the coronavirus crisis came back online. “It is nice to note that we […]

Read More North Dakota oil production swells as wells go back online | Star Tribune
Featured

DUG Permian Basin and DUG Eagle Ford Virtual Conference is LIVE! | Hart Energy

Today is the day! Day 1! The DUG Permian Basin and DUG Eagle Ford Virtual Conference is live at 9 a.m. CDT today! Complimentary Access! Please share this link with your team, customers & colleagues because all sessions are available on-demand, meaning they are available to watch at your convenience! Hear from operators & analysts […]

Read More DUG Permian Basin and DUG Eagle Ford Virtual Conference is LIVE! | Hart Energy
Featured

Oil Up, Clawing Back After Overnight Spill By Investing.com | Armenian American Reporter

By Adam Claringbull Investing. com– Oil were up on Tuesday early morning in Asia, as Tropical Storm Beta in the Gulf of Mexico compromised. However, strong falls came overnight as international COVID-19 cases made a revival, pressing WTI Futures back listed below $40. were up 0.41% to $41.61 by 11:52 AM ET (4:52 AM GMT) […]

Read More Oil Up, Clawing Back After Overnight Spill By Investing.com | Armenian American Reporter
Featured

Finding the trend in volatile oil markets | Bloomberg Professional Services

Bloomberg Market Specialist Zef Lokhandwalla contributed to this article. Background Oil markets have taken traders on a wild ride. Brent crude has more than doubled since its April low and has remained above $40 a barrel since mid-June. The question now for traders is: What’s the next move for oil? The supply-and-demand forecast does not […]

Read More Finding the trend in volatile oil markets | Bloomberg Professional Services
Featured

$100 Oil? Drone Strikes Halt Half Of Saudi Crude Production | OilPrice.com

Drones attacked Abqaiq facility in Saudi Arabia and the Khurais oil field run by Saudi Aramco early Saturday morning, the kingdom’s interior ministry said, sparking a massive fire at a crude processing plat essential to global oil supplies. The closure will impact nearly 5 million barrels of crude processing per day, affecting 5 percent of the world’s […]

Read More $100 Oil? Drone Strikes Halt Half Of Saudi Crude Production | OilPrice.com

Oil prices edge up; API data reportedly show an unexpected decline in U.S. crude supply – MarketWatch

The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 3.1 million barrels for the week ended April 12, according to… — Read on http://www.marketwatch.com/story/oil-prices-edge-up-api-data-reportedly-show-an-unexpected-decline-in-us-crude-supply-2019-04-16

Read More Oil prices edge up; API data reportedly show an unexpected decline in U.S. crude supply – MarketWatch
Featured

Oil prices rise as API data reportedly show a surprise decline in U.S. crude supplies – MarketWatch

Oil prices rise as API data reportedly show a surprise decline in U.S. crude supplies – MarketWatch — Read on http://www.marketwatch.com/story/oil-prices-rise-as-api-data-reportedly-show-a-surprise-decline-in-us-crude-supplies-2019-02-26

Read More Oil prices rise as API data reportedly show a surprise decline in U.S. crude supplies – MarketWatch

Oilfield services companies face another tough slog – HoustonChronicle.com

Weatherford International’s stock is trading below $1 a share. Schlumberger expects growth in its shale business to flatten or decline. General Electric reduced its ownership stake of Baker Hughes. Halliburton’s stock market value has fallen below what it was at one of the worst points of the last oil bust. Energy services companies are facing […]

Read More Oilfield services companies face another tough slog – HoustonChronicle.com

Oil surges almost 4 percent on trade truce, expected supply cuts | Reuters

NEW YORK (Reuters) – Oil prices jumped nearly four percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute and Canada’s Alberta province ordered a production cut, while exporter group OPEC looked set to reduce supply.  Brent crude futures rose $2.23 to settle at $61.69 a barrel, […]

Read More Oil surges almost 4 percent on trade truce, expected supply cuts | Reuters
Featured

U.S. shale surge boosts industry finances, puts deals in spotlight | Reuters

If OPEC thought the 26 percent drop in oil prices since October might rein in U.S. shale production like the last sharp drop did four years ago, it might have to think again.  U.S. shale firms are more profitable than ever after a strong third quarter, according to a Reuters analysis of results for 32 […]

Read More U.S. shale surge boosts industry finances, puts deals in spotlight | Reuters