NEW YORK (Bloomberg) -- Oil climbed after a government report showed that U.S. crude inventories unexpectedly declined. Futures rose as much as 3.3%. Crude stockpiles fell 3.41 MMbbl last we.........
see more >>NEW YORK (Bloomberg) -- Natural gas futures have soared since March on speculation that supplies are finally falling after a decade of gains. Production numbers tell a different story. Price.........
see more >>RIO DE JANEIRO (Bloomberg) -- Political turmoil in Brazil shouldnt stop Petrobras from completing asset sales it has already opened up to bidders, according to one company vying for the stat.........
see more >>RIYADH (Bloomberg) -- Saudi Arabia will probably keep producing crude at near-record levels under its newly appointed oil minister, Khalid Al-Falih, as the worlds largest exporter sticks wit.........
see more >>OKLAHOMA CITY (Bloomberg) -- Chesapeake Energy Corp. surged after the shale gas explorer signed a deal to sell Oklahoma drilling rights to Newfield Exploration Co. for $470 million. The deal.........
see more >>RIO DE JANEIRO (Bloomberg) -- Petrobras has agreed to sell assets in Argentina and Chile for about $1.4 billion, as Brazils state-controlled oil producer looks to raise cash and focus on dee.........
see more >>HOUSTON -- When OPEC members couldnt agree at their April meeting to cap oil output in an effort to boost prices, did it signal the end of the cartels reign as the worlds energy swing produc.........
see more >>NEW YORK (Bloomberg) -- Oil declined for a second day as Iraqs exports approached a record high in April, adding barrels to a worldwide supply glut that has pushed prices lower. Futures sett.........
see more >>HOUSTON (Bloomberg) -- Two of the three largest oil rig operators and fracers are considering pulling back from the North American market as losses mount. Schlumbergerafter posting its first.........
see more >>NEW YORK (Bloomberg) -- Oil closed above $45/bbl in New York for the first time since November after U.S. crude output dropped and Federal Reserve policy makers signaled theyre open to raisi.........
see more >>NEW YORK (Bloomberg) -- Oil rose amid signs that a global surplus is gradually diminishing, even as markets remain oversupplied. Futures climbed as much as 2.4% in New York after slipping 2..........
see more >>RIYADH, Saudi Arabia (Bloomberg) -- Saudi Arabias Deputy Crown Prince Mohammed bin Salman said he expects the value of Saudi Arabian Oil Co. to exceed $2 trillion as the kingdom prepares to .........
see more >>HOUSTON (Bloomberg) -- Oil production in some of the riskiest, highest-cost regions of North America is still thriving, even as the worst slump in a generation takes a bite out of U.S. shale.........
see more >>STAVANGER, Norway -- Aibel has been awarded a contract for yardstay and assistance with the final preparations of the Glen Lyon FPSO. The vessel arrived in Haugesund, Norway, on Wednesday. W.........
see more >>LIVINGSTON, Scotland -- Cyberhawk Innovations, a leader in aerial inspection and survey using unmanned aerial vehicles, has completed the first ever commercial oil and gas inspection in Qata.........
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