News

After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...
W&T Offshore, Inc. remains a solid company, driven by its natural gas segment and healthy Balance Sheet. Click here to find ...
The macroeconomic environment looks to have turned against top dividend payers BP and Shell, raising questions about their new strategies ...
As for the other main ratings agencies, in late May, S&P Global Ratings said it expects U.S. oil and gas producers to reduce ...
Oil prices held near a seven-week high on Tuesday as the market awaited direction from trade talks between the US and China.
Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...
The Saudi allocations could be an early sign that the unwinding of OPEC+ production cuts might not result in much additional ...
For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...
Opec does two things well: produce oil and manage the market to its advantage. The cartel has long held that cutting production and keeping the oil price high beats selling more barrels at lower ...
Analysts at Morgan Stanley in a report for clients released earlier Monday tried to match up production from certain OPEC+ members with the unwinding of 2.2 million b/d of cuts. The aggregate ...
OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...
A couple of communities — Marquette and Traverse City — still had gas averages below $3 a gallon, of $2.98 and $2.99, ...