WTI, Brent lower on China demand
An oil pumpjack operates in Los Angeles on July 31, 2023. Mario Tama | Getty Images Crude oil futures posted a weekly loss as lackluster demand out of China collided …
Oil and Gas
Why California faces high gas prices
California is home to some of the highest gas prices in the United States, according to AAA. The national average for a gallon of regular unleaded was $3.40 as of …
Crude oil prices today: WTI, Brent pull back
US Federal Reserve Board Chairman Jerome Powell testifies at a House Financial Services Committee hearing on the “Federal Reserve’s Semi-Annual Monetary Policy Report,” on Capitol Hill in Washington, DC, March …
WTI, Brent rise ahead of Fed chair testimony
Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. David Mcnew | Reuters Crude oil …
WTI, Brent fall as China aims to boost growth
An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. Turar Kazangapov | Reuters Crude oil …
Norway wants to store carbon under the North Sea
The receiving dock at the Northern Lights carbon capture and storage project, controlled by Equinor ASA, Shell Plc and TotalEnergies SE, at Blomoyna, Norway, on Friday, Jan. 19, 2024. Bloomberg …
Oil prices slip after OPEC+ extends voluntary oil output cuts
Marathon Petroleum’s oil refinery in Anacortes, Washington. David Ryder | Reuters Oil prices edged lower Monday after oil cartel OPEC+ agreed to extend voluntary output reductions until the second quarter, …
Saudi Arabia, Russia and several OPEC+ producers extend voluntary crude supply cuts until end of June
Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman al-Saud gesture upon his arrival at the 8th OPEC International Seminar in Vienna on July 5, 2023 Alex Halada | AFP …
WTI, Brent jump as market tightens
Lone pumpjack located in the middle of large solar array outside of Bakersfield, Kern County, California, USA. Citizens Of The Planet | UCG | Universal Images Group | Getty Images …
Oil on pace for monthly gain as OPEC+ expected to extend production cuts
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria. Ramzi Boudina | Reuters Crude oil futures …