WV MetroNews: Legislature, Governor, make right call on co-tenancy drilling bill https://t.co/qhWXIG54ZT
Oil & Gas Journal Archive
- Senators want US to use all options to oppose Nord Stream 2 pipeline
- API: US petroleum demand in February hit 20.3 million b/d
- IEA raises global oil demand estimate for 2018
- Porges named interim EQT president, CEO
- MARKET WATCH: NYMEX holds under $61/bbl on forecasts of higher shale production
- Pioneer to restart Texas field shut by fire
- Court rejects NYSDEC’s appeal of FERC’s Valley Lateral ruling
- Pruitt issues guidance clarifying NSR evaluations
- US sanctions on Venezuela could backfire, speakers warn at forum
- OPEC forecasts rising non-OPEC oil supply, especially US oil production
- EIA: US crude oil inventories up 5 million bbl
- MARKET WATCH: NYMEX crude oil settles under $61/bbl on US Cabinet shifts
- Trump fires Tillerson as secretary of State, names Pompeo as successor
- Woodside enters into deal to operate Scarborough gas field
- Eni strikes deals for concessions off Abu Dhabi
Light, sweet crude oil prices fell on the New York market July 22 to their lowest level since May 9. Analysts attributed falling oil prices to ample world gasoline supplies and also a climbing weekly US rig count, which suggests world oil inventories could remain high longer than expected.
Angola struggles with economic problems and the potential for political instability as a presidential election approaches, warns an analyst at Verisk Maplecroft, Bath, UK.
Crude oil prices in Texas averaged $45.19/bbl in June, marking the fourth straight monthly increase since the average monthly price fell to a low of $27.08/bbl in February.
Light, sweet crude oil prices fell by more than $1/bbl on the New York market July 25 to the front-month’s lowest settlement since Apr. 25 while Brent oil prices fell nearly $1/bbl on the London market to that front-month’s lowest settlement since May 9.