Archives for October 2016
Market Currents: 33 U.S. LNG cargo exports and counting…
Happy Nonfarm Friday Eve! Prices are pushing on for yet one more day, under the gravitational pull of another informal producer meeting – this time in Istanbul next week for certain OPEC members and Russia....
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How oil companies can make money at $50 a barrel
By Ryan Maye Handy Some oil and gas companies working in West Texas’ Delaware Basin have discovered a recipe for profit despite lower oil prices, combining luck, foresight and risk, according to a recent study...
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Oil climbs above $50 for first time since June
Oil climbed above $50 a barrel in New York for the first time since June as declines in U.S. crude inventories and OPEC’s pledge to reduce supply fanned hopes the global glut may clear. Futures...
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Inventories fall for fifth straight week, pushing crude near $50 a barrel
Oil climbed, approaching $50 a barrel in New York, after government data showed that U.S. crude stockpiles dropped last week. Inventories slipped 2.98 million barrels in the week ended Sept. 30, according to the Energy...
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Drones are coming to squeeze more savings from oil patch
General Electric Co. has a solution for U.S. oil and natural gas explorers struggling to save more money after squeezing drilling costs by more than a third during the past two years. Raven, a helicopter...
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