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Oil Price
Oil Jumps After Saudi Arabia, UAE And Kuwait Pledge Deeper Cuts
Oil prices rose early on Tuesday after OPEC's Middle East heavyweights pledged additional cuts, instilling hopes in the market that further production reduction…
Oil Price
US Oil Futures Dip over 7 Pct Amid Oversupply Concerns
Oil prices dropped noticeably Sunday night with the US benchmark down more than 7 percent amid persistent oversupply concerns.
Oil Price
US Oil "Technically Worthless," and Coal Plants Shuttered, as a Tidal Wave of Bankruptcies Looms
May contracts for West Texas Intermediate (WTI) crude oil went as low as -$37.63 on Monday.
Oil & Gas Trade
Will Look into Halting Oil Import from Saudi Arabia, Says Trump
US President Donald trump said on Monday that the us would consider stopping oil imports from Saudi Arabia.
Oil Price
Oil Price Plunges to 22-Year Low on Concerns Over Storage, Weakening Economies
Oil prices fell Monday, with a U.S. crude futures contract hitting its lowest level since 1998.
Oil Price
Oil Price Collapses to Below Zero as Demand Takes a Dive During Pandemic
A key sector of us oil trading collapsed on Monday.
Oil & Gas Trade
Russia-Belarus Oil Dispute Begins to Threaten Supplies to Europe
A long-running oil dispute between Russia and Belarus has for the first time threatened to disrupt supplies to Europe.
Chevron Commits to The Development of Hydrogen Energy
Hydrogen can play a role in a lower carbon future, Chevron Corp Chairman and CEO Michael Wirth said as the US oil major joins the Hydrogen Council.
Seplat
SEPLAT Petroleum Development Company Plc (SEPLAT) is a leading indigenous oil and gas exploration and development company with a strategic focus on Nigeria, lis…
Oil & Gas Trade
Curbs on Iran and Inflating US Oil Exports
The most hawkish of Trump’s aide and staunch advocate of pre-emptive strikes on Iran, former national security adviser John Bolton, was ousted from the White H…
Oil&Gas Drilling
U.S. Crude Oil Rig Count Plunges To Near 2-Year Low
The US oil and gas rig count fell sharply on Friday, decreasing by 19 for the week, according to Baker Hughes. The total oil and gas rig count now stands at 916…
Oil&Gas Drilling
The Upheaval in the UK North Sea Looks Set to Continue with US Oil
The upheaval in the UK North Sea looks set to continue with US oil and giant ExxonMobil reported to be considering exiting the area after more than 50 years.
Canada Can't Get Its Pipeline Problem Under Control
Alberta’s oil and gas industry has had a very, very rough year. With a major pipeline infrastructure deficit and major delays and setbacks for all new pipeline…
EU And Britain Condemn US Oil And Nuclear Sanctions On Iran
The United States' allies in Europe have criticised its recent decisions to restrict oil trade with Iran and to limit the extension of waivers.

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