Oil & Gas Industry News

Oil and industrial metals declined as President Trump's renewed tariff threats against Canada and Mexico stoked fears of slower global growth, while gold rose as a haven for cautious investors.

'The system is going to drop a blanket of snow across the entire Gulf south'.

China is still driving growth in global oil demand, the head of Saudi Aramco said.

Bjarne Schieldrop, the chief commodities analyst at SEB, said Brent crude was 'ripe for a correction lower'.

Donald J. Trump issued a raft of energy orders during his first day as the 47th President of the United States.

A cold blast gripping the U.S. South threatens to bring record-breaking snowfall to New Orleans and Houston.

The total North America rig count stands at 809, according to Baker Hughes' latest rotary rig count.

The move is set to be among an array of actions Trump will take.

'Although we expect the Henry Hub price to rise from ... all-time lows in 2024 over the forecast period, the potential exists for prices to increase by less than we forecast'.

'Looking forward, we expect oil demand to rebound in the coming weeks, averaging 101.4 million barrels per day'.