News
U.S. oil companies hiked capital spending late last year
U.S. oil companies hiked capital spending the most in half a decade after OPEC’s oil deal late last year, the Energy Department said Monday. These producers raised oil field investments and other outlays by a...
Click here 0 3,407
Market Currents: Total US oil and product inventories ticking lower
WTI and Brent crude start Q2 in fifty dollardom, as the market continues to grapple with market rebalancing and OPEC compliance. As the market awaits signs of a tightening market, hark, here are five things to...
Click here 0 3,262
Cheniere Energy exports 100th LNG cargo
Cheniere Energy said Monday it exported its 100th cargo of liquefied natural gas, even as the Houston company remains the nation’s sole exporter of LNG. Cheniere recently completely and began operating a third LNG liquefaction unit...
Click here 0 3,426
Fuel prices jump from last week; more coming
Fuel prices rose more than 5 cents a gallon in the past week, finally triggering a seasonal jump in gasoline costs that was delayed because of cheaper oil prices in much of March. Houston-area prices...
Click here 0 3,439
U.S. oil production rose 60,000 barrels a day in January, EIA says
U.S. oil production increased by 60,000 barrels a day in January, the Energy Department said Friday, an early sign of the energy industry’s turnaround this year. The nation’s oil output rose about 1 percent to...
Click here 0 5,308
