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Brent Crude

Energy projects that need oil prices above $60 per barrel in order to break even risk being uncommercial going forward. Read more

Drilling & Exploration

Oil gained on Wednesday ahead of an expected extension to production curbs by OPEC and its allies, with further support from industry data showing a larger than forecast drop in U.S. crude stockpiles. Read more

Commodities

Oil had risen for the last two days on expectations that China and the United States would soon sign a preliminary agreement beginning an end to their 16-month trade dispute. Read more

Commodities

The current agreement is for a production cut of 1.2 million bpd until the end of March. Read more

Commodities

The company is pursuing a potential transaction with Subsea 7 as it seeks to bulk up and weather an industry downturn. Read more

M&A/Investment

China and the United States have agreed in the past two weeks to cancel tariffs in different phases. Read more

Commodities

U.S. crude oil production in the U.S. Federal Gulf of Mexico (GOM) averaged 1.8 million barrels per day (b/d) in 2018, setting a new annual record. Read more

Offshore & Marine

On Saturday, September 14, 2019, an attack damaged the Saudi Aramco Abqaiq oil processing facility and the Khurais oil field in eastern Saudi Arabia. Read more

Commodities

Prices extended losses following data that showed U.S. manufacturing activity contracted for the first time in three years in August, with new orders and hiring declining as trade tensions weighed on business confidence. Read more

Commodities

Oil prices rose more than 2% on Friday, regaining some ground after their biggest falls in years. Read more

Commodities

Oil prices edged higher on Friday on worries about Middle East tensions, offset by a flagging global economic growth outlook amid the U.S.-China trade war. Read more

Commodities

Oil prices eased off early gains on Thursday as OPEC forecast slower demand for its crude next year, but crude futures hovered at near the highest in more than a month as oil rigs in the Gulf of Mexico were evacuated ahead of a storm. Read more

Commodities

Oil prices rose 2.5% on Wednesday after industry data showed U.S. inventories fell more than expected and as major U.S. producers evacuated rigs in the Gulf of Mexico before a storm. Read more

Commodities

Oil prices fell on Thursday on fears of a global economic slowdown due to a U.S.-China trade war but losses were capped by a tightening crude market and rising political tensions in the Middle East. Read more

Commodities

Oil rose towards $69 a barrel on Friday after two sessions of losses but remained on track for its biggest weekly drop of the year. Read more

Commodities

Oil futures inched up on Wednesday as the prospect of mounting tensions in the Middle East hitting global supplies overshadowed an unexpected build in U.S. crude inventories. Read more

Commodities

Oil prices were on track Friday for weekly declines as surging U.S. output countered production losses in sanctions-hit Iran and Venezuela. Read more

Commodities

U.S. crude oil hit a 2019 high on Monday and Brent gained a dollar after tight supply and positive signs for the global economy drove both benchmarks’ largest first-quarter gains in nearly a decade. Read more

Commodities

Oil prices rose about 2 percent on Tuesday, along with world stock markets, supported by China’s plan to introduce policies to stabilize a slowing economy, reversing the previous session’s losses due to grim data in the world’s second-largest economy Read more

Commodities

Brent crude oil averaged $72 per barrel (b) in 2018, nearly $17/b more than the average price for Brent in 2017. Read more

Commodities