It is time to start chipping away at the giant iceberg of issues surrounding post-production deducts and the litigation that follows. This...
CALGARY, Alberta–(BUSINESS WIRE)–Feb 20, 2019–RS Energy Group (RSEG) is excited to announce it has formed a strategic partnership with Denver-based FourPoint Energyand LongPoint Minerals, uniquely...
Jaime R. Carrero | Victoria Advocate –Researchers are using satellites to see how much flaring is occurring in the Eagle Ford Shale...
Hart Energy –Devon Energy Corp. (NYSE: DVN) launched plans on Feb. 19 to complete its transformation into a high-return U.S. oil growth...
Roan Resources, Inc. Announces Fourth Quarter Highlights and 2019 Development Program Focused on Capital Discipline and Positive Free Cash Flow by the...
Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. U.S. energy firms this week increased the number of...
Marathon Oil Corp. (NYSE: MRO) beat analysts’ estimates for fourth-quarter profit on Feb. 13, on the back of higher oil production at...
After witnessing a bombing in Iraq, the Army Reserves veteran and newspaper columnist decided to work through her P.T.S.D. in the fields...
FORT WORTH, Texas–(BUSINESS WIRE)–Feb 11, 2019–Pegasus Resources, LLC (Pegasus), a mineral and royalty company based in Fort Worth, Texas, announced today that...
FORT WORTH, Texas, Feb. 7, 2019 /PRNewswire/ — Kimbell Royalty Partners, LP (NYSE: KRP) (“Kimbell Royalty Partners” or “Kimbell”), a leading owner of oil and natural gas...
U.S. crude oil fell more than 1% on Wednesday, tumbling below $70 per barrel and raising speculation that OPEC+ could delay production increases scheduled to begin next month.
The U.S. benchmark hit a session low of $68.83, the lowest level since Dec. 13, after plunging more than 4% on Tuesday. U.S. crude and global benchmark Brent have erased all gains for 2024.
“With demand growth uncertain and significant supply outages looking unlikely, all eyes are again on OPEC+,” Svetlana Tretyakova, senior analyst at Rystad Energy, said in a note Wednesday. “Until OPEC+ clarifies its strategy, overall bearishness will persist.”
Here are Wednesday’s closing energy prices:
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