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Oil Price
Occidental CEO Warns US Is at Risk of Losing Energy Independence
Occidental Petroleum Corp. warned that US energy independence is at risk of slipping away if shale output plateaus and begins to decline.It’s going to sta…
Natural Gas
Texas Natural-Gas Pipeline Eases Bottlenecks, Paves Way for Higher Shale Output
A new pipeline carrying shale natural gas from west Texas toward export hubs on the U.S. Gulf Coast has eased constraints that crashed local prices this year, a…
Crude Oil
Mercuria Sees Opec+ Control Keeping Crude Around $70/bl
Crude prices are likely to stay at about $70/bl "for a while", as Opec+ will use some of its spare capacity and boost production if prices top $75/bl in order t…
Oil Price
Oil Rises Amid Hopes for Quick Decline in U.S. Shale Output
Oil prices rose more than 1% on Tuesday after the main U.S. energy forecasting agency predicted shale output in the world's biggest crude producer would fall by…