Oil

June 22, 2015 // 0 Comments

U.S. oil drillers this week added one rig each in the Permian and Bakken shale basins, data showed on Friday, another sign [...]

June 22, 2015 // 5 Comments

Nigeria’s new president, Muhammadu Buhari, has been advised by his transition committee to end a fuel subsidy [...]

June 19, 2015 // 2 Comments

In the face of declining oil prices forcing oil & gas companies around the world to trim budgets, the majority of Asia [...]

June 19, 2015 // 4 Comments

Crude oil supplies are on pace to reach their longest surplus since 1985 and are just one quarter away from meeting the [...]

June 19, 2015 // 3 Comments

Some 574 Norwegian rig workers could go on strike from next Thursday, potentially reducing oil production, unless a wage [...]

June 19, 2015 // 2 Comments

Reliance Industries headed for its biggest gain in more than four years on optimism improved refining margins witnessed in [...]

WEATHERFORD, Texas (Reuters) – Oil field work was coming in fast when GoFrac doubled its workforce and equipment fleet [...]

June 18, 2015 // 2 Comments

Canadian energy producers are giving up hoping for a big rebound in oil prices, preparing instead to embark on a course of [...]

A year on from the start of one of the biggest oil price crashes in history, the driving force behind the slide remains [...]

June 17, 2015 // 3 Comments

NEW YORK – Oil prices fell in volatile trading on Monday as the Greek debt crisis raised concerns about demand for [...]