APA Curtails US Natgas and NGL Production in First Quarter on Weak Prices
In January, APA said it reduced production by about 23,500 barrels of oil equivalent per day (boepd) in the fourth quarter. This reduction followed similar cutbacks in the previous three…
Texas Wildcatters Grow Impatient With Trump as Oil Prices Tank
US shale oil producers are feeling aggrieved due to President Trump’s trade war, which has led to a market rout and plummeting oil prices. Summary by Bloomberg AI The industry,…
US Crude Oil and Refined Product Inventory Update – William Lacey
I think I finally understand what Liberation Day stood for. The liberation of all of my savings from me. Hooray! I didn’t want it anyway… Now, on to our regularly…
US Crude Stockpiles Rise as Exports Hit Jan Lows, EIA Data Shows
(Reuters) – U.S. crude oil stockpiles rose last week as imports increased and exports fell to their lowest since January, while gasoline and distillate inventories drew down, the Energy Information…
US Producers Face Tough Choices on Growth, Capital Returns as Oil Falls Below $60
(Reuters) – A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S. oil patch, likely forcing companies to double…
US Bonds, Dollar Battered as ‘Sell America’ Trade Heats Up
Global markets were pummelled on Wednesday as President Donald Trump’s eye-watering 104% tariffs on China took effect, and a savage selloff in U.S. bonds sparked fears that foreign funds were…
Keystone Oil Pipeline Shut After Spill in North Dakota
By and Canadian crude oil discount to US oil widened after shutdown South Bow stock tumbled to lowest since October Amount of spill is not known yet, pipeline to be…
Oil Suffers Biggest 5-Day Drop Since 2022, Metals Plunge as Trade War Escalates
Stocks in Asia extended a slide on Wall Street as U.S. President Donald Trump looked set to press ahead with whopping 104% duties on Chinese goods as global recession fears…
Chevron to ‘Triple-Frac’ Half of Permian Oil Wells in 2025 to Cut Costs, Time
*Technique reduces costs per well by 12% *Triple-frac requires 60% more water and sand per day By Sheila Dang2 HOUSTON, April 9 – U.S. oil major Chevron plans to increase…
Wall Street’s Tariffs Rout Resumes After Rebound Fails
The S&P 500 closed below 5,000 points for the first time in almost a year, reversing a strong morning rally as hopes faded for any imminent U.S. delays or concessions…
