Oil & Gas Industry News

Crude prices declined as improving Saudi supply flows eased fears of further shortages.

The Trump administration finalized a significant weakening of federal fuel economy standards for automobiles.

The EIA now sees U.S. total energy consumption coming in at 95.84 quadrillion British thermal units (qBtu) this year and 96.77 qBtu in 2027.

Texas Railroad Commissioner Wayne Christian has urged oilfield operators to report theft, a statement posted on the Texas Railroad Commission's (RRC) website recently highlighted.

Standard Chartered Bank Energy Research Head Emily Ashford outlined that there will be no return to normal for the oil market.

Dozens of executives teed up at the lush Caracas Country Club for a golf tournament Monday.

Oil rose modestly as traders weighed tight supplies against progress toward reopening Hormuz.

North America added 15 rigs week on week, according to Baker Hughes' latest North America rotary rig count.

Brent oil was up more than three percent in intraday trading on Monday.

Crude declined on hopes for a US-Iran breakthrough, though tight physical supplies continue to support the market.