Industry News

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7/14/2019: Light Crude Settles Below $60

WTI and Brent crude oil prices edged downward Monday.

7/14/2019: UK Wants Iran Tanker Guarantees

The U.K. will facilitate the release of the tanker if it receives guarantees that it will not be going to Syria, Foreign Secretary Jeremy Hunt says.

7/14/2019: Oil Near $60 After Storm Disruption

Futures eased in New York after advancing 4.7 percent last week.

7/11/2019: Oil Prices Up for the Week

WTI and Brent crude oil prices were mixed Friday but up for the week.

7/11/2019: Permian Leads US in Rig Count Decline

The U.S. dropped a net total of five rigs this week, according to Baker Hughes, a GE Company.

7/11/2019: Energy Activity for US 10th Dist. Up in 2Q

Following a quarter of flat activity, the U.S. 10th District saw a slight uptick in the second quarter, according to results from the Kansas City Fed's 2Q energy survey.

7/11/2019: Britain Maxes Out Gulf Shipping Threat Level

Britain raised the threat level to the highest possible for ships operating in the Persian Gulf.

7/11/2019: Oil Set for Best Week in 3 on Supply Outlook Threat

Oil headed for its biggest weekly gain in three weeks.

7/10/2019: Oil Prices Ease Downward

A tropical storm and ongoing Strait of Hormuz security concerns failed to prevent the WTI and Brent from declining Thursday.

7/10/2019: Tropical Storm Barry Curbs Production in GOM

Tropical Storm Barry is barreling toward Louisiana and could hit the coastline as a hurricane by Saturday, causing close to $1 billion in damage and worsening flooding in New Orleans.