Oil Little Changed After US Crude Inventory Build
(Reuters) – Oil prices were little changed on Thursday after rising to a near one-week high in the previous session, as an industry report showing a buildup in U.S. crude…
North Dakota Oil Output Estimated Down up to 160,000 Bpd, State Regulator Says
Associated wellhead natural gas production was estimated to be down 0.37-0.45 billion cubic feet per day, said Justin Kringstad, director of the North Dakota Pipeline Authority. “Warmer weather moves into…
US Natgas Prices Jump 6% to One-Month High as Wells Freeze
Traders noted prices also gained support as gas flows to liquefied natural gas (LNG) export plants hit record highs. Front-month gas futures for March delivery on the New York Mercantile…
Trump: We Will Fill Up the Strategic Petroleum Reserve Fast
President Donald Trump U.S. President Donald Trump said on Wednesday his administration would quickly fill up the Strategic Petroleum Reserve, which he criticized his predecessor, former President Joe Biden, for…
Trump Says He’ll Work with Republicans in Congress to ‘dramatically’ Cut Taxes
“We’re going to dramatically cut taxes for families and for workers and for companies, including no tax on tips and hopefully no tax on Social Security and no tax on…
Chevron Staffers Absorb Long-Awaited Layoffs as CEO Pledges Accountability
(Reuters) – During an internal town hall meeting last week, roughly 40,000 Chevron employees were shown a video touting the oil giant’s success in Colorado as the largest oil and…
US NatGas Prices Jump 6% to One-Month High as Wells Freeze
(Reuters) – U.S. natural gas futures jumped about 6% to a one-month high on Wednesday as extreme cold in some parts of the country boosted demand for the fuel for…
Putin Suggests Western Involvement in Ukrainian Attack on CPC Oil Infrastructure
MOSCOW, Feb 19 (Reuters) – Russian President Vladimir Putin suggested on Wednesday that a Ukrainian drone attack on the Caspian Pipeline Consortium (CPC) pumping station in southern Russia might have…
Oil Edges Higher on Supply Concerns While Market Seeks Peace Talks Clarity
(Reuters) – Oil prices edged up on Wednesday, buoyed by concern over oil supply disruptions in Russia and the U.S. while the market awaits clarity on sanctions as the U.S.…
Pair of Large Quakes Rattle Texas Oil Patch, Putting Spotlight on Water Disposal
A magnitude 5.0 quake struck on Feb. 14, followed by a magnitude 4.7 temblor on Tuesday morning, both in Culberson County in West Texas, according to the United States Geological…
