LONDON Tullow Oil has made its first discovery in its Orinduik license offshore Guyana, exceeding pre-drill forecasts and paving the way for more exploration wells in the near future. Paul M.........
see more >>HOUSTON (Bloomberg) - Oil surged to start the U.S. session as investors weighed the latest steps from Saudi Arabia following a selloff earlier in the week. WTI rose as much as 4.1% in New Yo.........
see more >>SEOUL (Bloomberg) - Oil rebounded from the lowest level since January after Saudi Arabia contacted other producers to discuss options to stem a rout thats been driven by the worsening U.S.-C.........
see more >>NEW YORK (Bloomberg) - Oil plunged, re-entering bear-market territory, as a surprise increase in American fuel stockpiles fueled worries about a growing glut, feeding into an increasingly di.........
see more >>HOUSTON (Bloomberg) - Exxon Mobil and Chevron arent fazed by the drilling mistakes and funding hurdles smaller shale producers are running into in the Permian basin. The North American super.........
see more >>(Bloomberg) - A corporate tax rate cut in the oil-rich province of Alberta, where both ExxonMobil and Chevron have operations, boosted Exxon s second-quarter profit by almost $500 million, a.........
see more >>WASHINGTON - U.S. crude oil production in each of the first five months of 2019 showed increases over their 2018 levels, with April 2019 establishing a new monthly record. Production grew th.........
see more >>NEW YORK (Bloomberg) - Oil surged as the Federal Reserve moved toward a rate-cut to boost the economy even as lingering tensions with Iran threatened to choke Middle East supplies. Futures i.........
see more >>NEW YORK (Bloomberg) - Oil rose the most in almost three weeks on speculation that demand will get a bump from a potential U.S. Federal Reserve rate cut aimed at spreading economic benefits .........
see more >>NEW YORK - Oil prices fluttered near $56 a barrel in a volatile trading session that pitted gnawing doubts about global demand with supply threats from the Middle East and elsewhere. Futures.........
see more >>HOUSTON - Americas biggest owner of drilling rigs fell the most in seven months after the chief of Helmerich Payne said he called the bottom too soon. Three months ago, when Helmerich had 22.........
see more >>WASHINGTON The U.S. Energy Information Administration reports first-quarter 2019 results for 43 U.S. oil producers indicate they have increased shareholder distributions through dividends an.........
see more >>LONDON - Oil snapped four days of losses after the U.S. said it downed an Iranian drone near the Strait of Hormuz, stoking concern crude flows from the Middle East may be disrupted. Futures .........
see more >>WASHINGTON - In its July 2019 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts Henry Hub natural gas spot prices for June, July, and August this y.........
see more >>SEOUL (Bloomberg) --South Koreas biggest oil refiner is looking to buy a wider variety of U.S. crude grades in a move that would reduce its reliance on supplies from the conflict-prone Middl.........
see more >>