The U.S. Energy Information Administration recently released its annual short-term energy outlook report, but what does that mean for Texas?
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Some volatility in the oil market is likely this week, according to Barani Krishnan, a senior commodities analyst at uk.Investing.com.
‘The markets started the week with a strong, risk off sentiment which accelerated the down move in oil’.
Oil posted a large loss the first week of trading in the new year as demand uncertainty continued to hang over the market.
Oil rallied after US crude stockpiles rose less than anticipated, countering the dour outlook reflected by Saudi Arabia’s decision to cut its prices.
‘I think oil will go upwards of $140 a barrel once Asia fully reopens’.
Our Annual Turkey Fry is our way of saying thank you to everyone who helps make our business such a success.
The Energy Workforce & Technology Council has approved a long-term executive leadership succession plan.
Representatives at PVM Oil Associates, Fitch Solutions, EIR and Westwood talk shale.
Oil fell for the first time in eight sessions as traders took stock of the outlook for worldwide demand, with China’s reopening delivering a lift while other parts of the global economy slow.
TotalEnergies has approved the final investment decision of the Lapa South-West oil development located in the Santos Basin off Brazil.
A new study of ExxonMobil’s climate projections shows that the oil giant’s models accurately forecast global warming.
TotalEnergies and MET booked capacity at a new LNG terminal in Germany, helping boost supplies to the country as it looks to replace Russian gas.
Oil posted its largest gain in three months this week, mostly recouping the prior week’s steep decline, as confidence in China’s recovery solidified among traders.
Spending on low-carbon projects will increase by $60Bn this year, led by wind and a rise in funding for hydrogen and CCUS, Rystad Energy said.
Upstream oil and gas got its mojo back in 2022. Record cash flows restored confidence and repaired balance sheets. For many, there is excitement about the year ahead.
Shell has noted five trends in its 2023 energy sector outlook related to energy security, economics, and transition to low-carbon sources.
The bloc purchased a record amount of Russian LNG this year, according to ship-tracking data compiled by Bloomberg.
Two of the world's biggest oil traders are expecting the market to be oversupplied next year - but both agree that Donald Trump might just change everything.
Crude posted weekly losses as slower Fed rate cuts and Trump's EU tariff threats weighed on markets, while muted inflation data tempered the selloff.
Total U.S. energy consumption will come in at 23.86 qBtu in the fourth quarter of this year, according to the EIA.
The transaction will result in the Houston, Texas-based downstream oil and gas player exceeding a $3 billion divestment plan.
