Oil & Gas Industry News

Shell announced changes to its executive committee in a statement posted on its website this week.

Oil prices fell sharply as rising inventories and peace hopes pressured the market.

The Trump administration has no plans to directly provide security to oil producers in Venezuela, Energy Secretary Chris Wright said Thursday.

Europe is set to receive some of its first shipments of Venezuelan oil in almost a year.

The EIA projected, in its latest STEO, that the U.S. regular gasoline retail price will average under $3 per gallon both this year and next year.

'Henry Hub has seen a launch', SEB Commodities Analyst Ole R. Hvalbye said.

Oil found support from an improved IEA demand outlook despite a looming surplus.

Rigzone talks to several analysts.

HSBC analysts, including Kim Fustier, HSBC's Senior Global Oil and Gas Analyst, said they think BP 'could accentuate its shift back to oil and gas and away from low carbon energy' under its new CEO.

Crude markets balanced Black Sea disruptions against fears of a US-EU trade conflict.