crude oil prices

US Oil Rig Count Steady, Crude Price Slips Less Than 1% for the Week

In the week ended November 17, 2017, the number of rigs drilling for oil in the United States totaled 738, unchanged from the prior week and up by 267 compared ...
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Crude Oil Price Slips as Inventories, Production Rise

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories increased by 1.9 million barrels last week, maintaining a total ...
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EIA: Crude Oil Production to Rise 80,000 Barrels a Day in December

The U.S. Energy Information Administration (EIA) on Monday released its November report on drilling productivity in seven key oil and gas producing regions of the United States. Overall, oil production ...
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Rising Oil Prices Have Short Sellers Confused

Crude oil had traded above $50 a barrel in the first quarter of this year, and finally it’s back to that magic number and pushing higher. The price has held ...
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Crude Oil Price Dips on Unexpected Inventory Increase

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories increased by 2.2 million barrels last week, maintaining a total ...
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US Oil Rig Count Drops by 8, Total Rig Count Down by 11

In the week ended November 3, 2017, the number of rigs drilling for oil in the United States totaled 729, eight fewer compared with the prior week and up by ...
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Crude Oil Price Drops on Lower Inventories, Booming Crude Exports

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories decreased by 2.4 million barrels last week, maintaining a total ...
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FTS International Gears Up for IPO

FTS International has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering. No pricing details were mentioned in the filing, but ...
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US Oil Rig Count Drops by 1,Total Rigs Down by 4

In the week ended October 27, 2017, the number of rigs drilling for oil in the United States totaled 737, one more compared with the prior week and up by ...
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US to Offer 77 Million Acres in Gulf Oil and Gas Leases

On Tuesday, U.S. Secretary of the Interior, Ryan Zinke, announced the largest ever proposed lease sale for U.S. Gulf of Mexico oil and gas drilling. Nearly 77 million acres of ...
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Crude Oil Price Bounces Around Following Inventory Report

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories increased by 900,000 barrels last week, maintaining a total U.S. ...
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Major Oil Scares Off Short Sellers

Crude oil had traded above $50 a barrel in the first quarter of this year, and finally it’s back to that magic number. The price has held relatively steady at this level, ...
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US Oil Rig Count Drops by 7, Total Rigs Down by 15

In the week ended October 20, 2017, the number of rigs drilling for oil in the United States totaled 736, seven fewer compared with the prior week and up by ...
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Crude Oil Price Tumbles After Week of Storm Threats

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories decreased by 5.7 million barrels last week, maintaining a total ...
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Crude Oil Price Stems Losses as Inventories Shrink

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, showing that U.S. commercial crude inventories decreased by 2.8 million barrels last week, maintaining a total ...
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