On Tuesday, the US announced a drawdown from its Strategic Petroleum Reserve (SPR) while also expressing hope that OPEC+ will continue to add 400,000 barrels…
Posts published in “Petroleum”
Goodrich Petroleum (GDP) stock has gained 3.1 percent in the previous four weeks, closing at $21.37 in the most recent trading session, but short-term price…
For the sixth week in a row, U.S. Energy companies added oil and natural gas rigs as oil prices rose to their highest level since…
According to records, the US Coast Guard got the first tip of a suspected oil spill off the coast of Southern California more than 12…
After a five-week winning streak, West Texas Intermediate surpassed $75 per barrel, while Brent reached its highest level since October 2018. Inventories have been shrinking,…
According to a document reviewed by Reuters, US President Joe Biden’s administration is considering slashing the country’s Biofuel blending regulations, a move prompted by a…
Several Wall Street analysts have downplayed the recent rise in oil prices, claiming that it will have little impact on the global recovery. The oil…
Hurricane Ida knocked off a large portion of the United States Oil Production and refining activities, expected to keep crude and retail gasoline prices high.…
The US Oil and Gas pipeline sector is seeking for innovative ways to put steel in the ground and transport carbon dioxide produced by burning fossil…
The federal judge on Wednesday threw out Trump administration approvals for a large planned oil project on Alaska North Slope, saying the federal review was flawed and…