The Latest

Crude Oil

Saudi Arabia Cuts September Crude Prices to Asia

Saudi Arabia's state oil producer Aramco has cut the official selling prices for its crude to Asia and Europe, while leaving them unchanged for the U.S., a document obtained by Reuters showed.

August 6, 2020

Crude Oil

US Sends First Shipment of Crude to Saudi Arabia Since 2002

Cargo was less than can be carried by one Aframax tanker.

August 6, 2020

Liquefied Natural Gas (LNG)

LNG Prices Jump as Exports set to Rise for First Time in 6 Months

Gas stockpiles in the US and Europe are expected to reach all-time highs by the end of the injection season.

August 5, 2020

Petrochemicals

US Refining Capacity Poised for First Big Drop in Nearly a Decade

U.S. oil refining capacity this year could decline by the largest amount in nearly a decade as pandemic-related travel curbs and a fire shut several plants, reversing years of small gains.

August 5, 2020

Business

Experts Expect Tough Second Half Ahead for Oil Sector

Oil and gas companies face continued market volatility despite an already historic year so far.

August 4, 2020

Business

Haynesville 2020

Kicked out of the club in 2012, the Haynesville was resurrected beginning in 2017 to take on the mighty Marcellus in metrics, aided by a proximity-to-market kicker. Now, it’s taking on oil basins at the IRR weigh-in.

August 4, 2020

Public Capital

Dominion Stresses Role of Natural Gas in Clean Power Push

Natural gas will fuel power generation for years to come, says Dominion Energy even as it sells its gas business to Warren Buffet’s Berkshire Hathaway in a transaction worth nearly $10 billion.

August 3, 2020

Crude Oil

Oil Prices on Track for Monthly Gain as Dollar Supports

Oil prices rose on July 31 and were on track for monthly gains, boosted by a weaker dollar in the face of continuing concerns over the recovery of the U.S. economy.

July 31, 2020

Business

PATH FORWARD: Grant Thornton’s Bryan Benoit Talks Oil Industry Recovery

After a rough second quarter that included a historic collapse in oil prices, Bryan Benoit, a principal at Grant Thornton Financial Advisors who also leads the firm’s energy advisory practice, says he’s starting to see green shoots ahead for the industry.

July 30, 2020

Crude Oil

End Game for Oil? OPEC Prepares for an Age of Dwindling Demand

‘People are waking up to a new reality’ as the cartel may be forced to adjust.

July 28, 2020