In Toole County, Montana oil is one of the biggest games in town. But these workers aren’t drilling for oil — they are plugging up…
Norway To End Oil Production Cuts / Plans to Open More Arctic Areas to Oil Sector
Norway To End Oil Production Cuts On December 31st. Norway oil output curbs to expire at year-end, energy ministry says. The Opec +1 group is…
China’s crude oil imports fall
China’s crude oil imports fall as heavy crude oil buying fades. China’s crude oil imports fell 12.2 percent in October from the previous month as…
Oil Crude Investors fear the rise in COVID-19 infections could threaten U.S economic rebound
Investors fear continued rise in COVID-19 infections threatens U.S economic rebound Crude was boosted earlier in the week as stocks extended gains during the last…
Occidental Petroleum quarterly dividend set at $0.01 per share
Occidental (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of $0.01 per share on common stock payable on January 15,…
Saudi Aramco’s net profit plummeted nearly 45%
Weak oil demand in the third quarter hit Saudi Aramco’s net profits. According to reports, Saudi Aramco’s third-quarter results announced on the same day showed that…
Oilfield Workers are waiting to see if Trump wins.
However, the three key Rust Belt states that Biden could win to put him over the top — Michigan, Wisconsin, and Pennsylvania — are still…
Crude futures dive as UK enters lockdown, U.S election grips markets
Oil prices slump 4% over new COVID 19 lockdowns In Europe & US elections
Crude Oil Markets Get Hammered – New Oil Crash?
The West Texas Intermediate Crude Oil market broke down rather significantly during the course of the week, $36.25 reach downwards towards $35. U.S. West Texas Intermediate crude…
Trump Looking into mandating an economic analysis of fracking
Trump is weighing issuing an executive order mandating an economic analysis of #fracking, sources say, which is aimed at showing his support for the #energy…
Fool thinks BP,TC Energy,United Parcel Service Would be a great buy in a new oil Crash
Oil prices have nosedived quite a few times in recent years. Each tumble has blown a hole in the cash flows of oil companies, causing their…
West Texas Intermediate crude slipped $3.19, or 8%, to trade at $36.60
Crude oil continues it’s schizophrenia moves during today’s trading session after reports of weakness in the post Coronavirus world. The list below is today’s top…
Russia’s energy minister calls oil at $50 to $55 a barrel in 2021
“The future recovery is going to be much slower,” Novak told CNBC as demand concerns weighed on crude prices. Goldman on the other hand expects…