Oil Set for Slight Weekly Decline as Market Eyes Another OPEC+ Output Hike
Summary Brent and WTI down 0.5% this week OPEC+ likely to raise July output at Saturday meeting (Reuters) – Oil prices were stable on Friday, but on track for a…
North Dakota Regulator Extends How Long Oil Producers Can Leave Wells Uncompleted After Drilling
North Dakota has extended its policy on how long producers can leave wells uncompleted after drilling, a move that is expected to help drillers cope with weak oil prices, the…
Williams Working With Federal, State Regulators to Revive Pennsylvania-New York NatGas Pipes
(Reuters) – U.S. energy company Williams Cos said on Thursday it was working with federal and state regulators to revive two previously canceled natural gas pipelines from Pennsylvania to New…
US Crude and Fuel Inventories Fall, Nigerian Crude Imports Jump, EIA Says
(Reuters) – U.S. crude and fuel inventories all fell last week, while crude imports from Nigeria hit their highest level in nearly six years, the Energy Information Administration said on…
Musk Departs U.S. Government With Business Empire in Flux
By Gregory Korte, Jennifer A. Dlouhy and Dana Hull Billionaire Elon Musk said Wednesday that his time as formal adviser to United States President Donald Trump is coming to a…
Goldman Urges Investors to Buy Gold and Oil as Long-Term Hedges
By and Goldman Sachs Group Inc. touted gold and oil as hedges against inflation in long-term portfolios, citing the appeal of bullion as a haven amid concerns over US institutional…
MARKETS REACT: Markets Hope Trump Tariffs Stay ‘Unlawful’
Who knew the three judges at the rather obscure United States Court of International Trade had the power to spark a rally in global stock markets and shove the dollar…
DOWN BUT NOT OUT: OPEC Must Squeeze US Shale Much More to Win Oil Price War
(The opinions expressed here are those of the author, a columnist for Reuters.)*US drillers slow down operations following oil price drop *US oil output growth set to slow in 2025…
Oil Prices Climb as US Court Blocks Trump Tariffs
Brent crude futures climbed 78 cents, or 1.2%, to $65.68 a barrel. U.S. West Texas Intermediate crude advanced by 78 cents, or 1.3%, to $62.62 a barrel at 0405 GMT.…
Chevron to Cut Nearly 800 Jobs in Texas
The job cuts will be in Midland County, where Chevron has large operations in the Permian Basin, the top U.S. oilfield. The layoff date is July 15, according to the…
