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Oil prices down, but China demand provides optimism

Posted by Daniel Barton
|Date: May 19, 2022
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Oil prices down, but China demand provides optimism

Southern Alberta Oil Well Oil prices were down slightly on Wednesday, while there are hopes of demand rec ...

Southern Alberta Oil Well Oil prices were down slightly on Wednesday, while there are hopes of demand recovery in China as the country gradually eases some of its strict COVID-19 containment measures. ...

May 19, 2022
| by Daniel Barton

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Big Oil gets investor reprieve as energy worries trump climate concerns

Posted by Daniel Barton
|Date: May 14, 2022
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Big Oil gets investor reprieve as energy worries trump climate concerns

Big Oil has enjoyed an easier ride at shareholder meetings so far this year compared with last year’s pun ...

Big Oil has enjoyed an easier ride at shareholder meetings so far this year compared with last year’s punishing run of hostile investor votes tied to climate concerns, as those issues have been eclips ...

May 14, 2022
| by Daniel Barton

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Oil CEOs clash with U.S. Energy Dept official over energy transition

Posted by Daniel Barton
|Date: December 07, 2021
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Oil CEOs clash with U.S. Energy Dept official over energy transition

Top energy executives this week urged a more cautious transition of energy policy away from oil and gas, ...

Top energy executives this week urged a more cautious transition of energy policy away from oil and gas, but a U.S. Energy Department official said the industry has a moral obligation to address clima ...

December 07, 2021
| by Daniel Barton

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Top U.S. oil firms crank up shale output after cashing gains

Posted by Daniel Barton
|Date: October 31, 2021
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Top U.S. oil firms crank up shale output after cashing gains

Marcellus shale gas drilling rig Exxon Mobil Corp. and Chevron Corp. on Friday disclosed plans to expand ...

Marcellus shale gas drilling rig Exxon Mobil Corp. and Chevron Corp. on Friday disclosed plans to expand drilling in the top U.S. shale basin after posting their biggest quarterly profits in years. La ...

October 31, 2021
| by Daniel Barton

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Oil up on escalating US-Iran tensions, but trade war worries cap gains

Posted by Daniel Barton
|Date: May 21, 2019
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Oil up on escalating US-Iran tensions, but trade war worries cap gains

Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that producer club OPEC ...

Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year. But gains were checked by concerns that a prolonge ...

May 21, 2019
| by Daniel Barton

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U.S. oil drillers cut rigs to lowest count since March 2018

Posted by Daniel Barton
|Date: May 19, 2019
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U.S. oil drillers cut rigs to lowest count since March 2018

U.S. energy firms this week reduced the number of oil rigs operating for the second week in a row, with t ...

U.S. energy firms this week reduced the number of oil rigs operating for the second week in a row, with the rig count at its lowest since March 2018, as some drillers follow through on plans to cut sp ...

May 19, 2019
| by Daniel Barton

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US crude slips 11 cents, settling at $62.76, but posts 1.8% weekly gain on Mideast tensions

Posted by Daniel Barton
|Date: May 17, 2019
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US crude slips 11 cents, settling at $62.76, but posts 1.8% weekly gain on Mideast tensions

Oil prices slipped on Friday, but both benchmarks posted a weekly gain on rising concerns over further Mi ...

Oil prices slipped on Friday, but both benchmarks posted a weekly gain on rising concerns over further Middle East supply disruptions due to U.S.-Iran political tensions. A deputy head of Iran’s elite ...

May 17, 2019
| by Daniel Barton

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Oil falls on U.S. inventories rise, Middle East tensions cap losses

Posted by Daniel Barton
|Date: May 16, 2019
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Oil falls on U.S. inventories rise, Middle East tensions cap losses

Oil prices rose on Thursday for the third day in a row as fears of supply disruptions amid heightened ten ...

Oil prices rose on Thursday for the third day in a row as fears of supply disruptions amid heightened tensions in the Middle East overshadowed swelling U.S. crude inventories. U.S. West Texas Intermed ...

May 16, 2019
| by Daniel Barton

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Oil prices rise after Middle East tanker attacks

Posted by Daniel Barton
|Date: May 13, 2019
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Oil prices rise after Middle East tanker attacks

NEW YORK, May 13 (Reuters) – Oil prices rose more than 1% on Monday, lifted by growing concern over suppl ...

NEW YORK, May 13 (Reuters) – Oil prices rose more than 1% on Monday, lifted by growing concern over supply disruptions in the Middle East even as a standoff in the Sino-U.S. trade talks prompted inves ...

May 13, 2019
| by Daniel Barton

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Oil prices slump after Trump’s tariff threat against China

Posted by Daniel Barton
|Date: May 07, 2019
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Oil prices slump after Trump’s tariff threat against China

Oil prices tumbled on Monday after U.S. President Donald Trump said he would sharply raise tariffs on Chi ...

Oil prices tumbled on Monday after U.S. President Donald Trump said he would sharply raise tariffs on Chinese goods this week, risking the derailment of trade talks between the world’s two biggest eco ...

May 07, 2019
| by Daniel Barton

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