A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver (Reuters) - U.S. shale oil output is expected to fall in July for the seventh consecutive month, according to a U.S.
The Organization of Petroleum Exporting Countries’ inability to reach consensus amid low point in commodity cycle comes under question before 2 June meeting As the Organization of Petroleum Exporting (Opec)
HOUSTON (Reuters) - The rout in crude prices is snowballing into one of the biggest avalanches in the history of corporate America, with 59 oil and gas companies now bankrupt after this week’s filings
Oil prices could fall again as big exporting nations struggled to agree a plan to freeze production, despite holding crisis talks over the weekend to search for a way to push up prices. Prices have fallen
Tons of Iraqi oil is finding a home in America. The U.S. more than doubled its imports of oil from Iraq between August and September, according to a Platts analysis of U.S. Energy Information Administration
Significant developments in oil and gas law in the U.S. date from the first commercial oil well in the U.S., drilled to a depth of approximately 70 feet in 1859 near Titusville, Pennsylvania. Oil and law
After Israel complained for years that it was surrounded by oil-rich states but didn’t have a drop within its own borders, it appears there’s a big-time turnaround with the announcement Wednesday that
OPEC Secretary-General Abdallah Salem El-Badri is on the wires after rumors were stoked once more of a potential collaboration between OPEC and non-OPEC members to help speed up the balancing of the global