Oil & Gas Industry News

Saudi Arabia's crude oil exports have surged to roughly pre-war levels since the kingdom resumed cargo loadings inside the Persian Gulf.

Oil prices steadied as rising exports through Hormuz reinforced concerns about a growing global supply surplus.

Executives from oil and gas firms revealed where they expect the Henry Hub natural gas price to be at various points in the future in the second quarter Dallas Fed Energy Survey.

Rigzone examines the Energy Institute's latest statistical review of world energy report, which was released recently.

Saudi Arabia is taking the unusual step of selling millions of barrels of oil on an ad-hoc basis to customers in Asia.

Oil prices fell as recovering Strait of Hormuz traffic and rising global supplies reinforced expectations of an oversupplied market.

Executives from oil and gas firms revealed where they expect the West Texas Intermediate crude oil price to be at various points in the future in the second quarter Dallas Fed Energy Survey.

Standard Chartered Bank Energy Research Head Emily Ashford noted that oil's 'softening trend' had continued 'as the return of easy barrels outpaces demand recovery'.

Oil prices fell as shipping through the Strait of Hormuz increased and traders anticipated a growing global supply surplus.

Morgan Stanley cut oil forecasts for the second time in about two weeks.