Oil Drops on Weak U.S. Data
Oil prices fell sharply as weak U.S. jobs and factory data raised fears of slowing demand.
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Indian Refiner Snaps Up USA Oil
India's largest oil refiner has snapped up millions of barrels of crude from the U.S. and United Arab Emirates.
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EIA Fuel Update Shows Mixed Bag for USA Gasoline, Diesel Price
The EIA's latest fuel update showed a mixed bag for the U.S. regular gasoline price and the U.S. on-highway diesel fuel price.
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Brookfield Acquires Colonial Pipeline
Brookfield completed the purchase of Colonial Enterprises from a consortium including Shell PLC for an enterprise value of about $9 billion.
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Exxon, Chevron Post Better Than Expected Results
Exxon Mobil Corp. and Chevron Corp. posted better than expected results after record oil production cushioned the impact of lower crude prices.
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Carnarvon JV Completes Seismic Reprocessing Project in Bedout
'The quality and clarity of the merged dataset enables Carnarvon to confidently assist with finalizing our drilling target for the proposed 2026 drilling campaign'.
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USA Crude Oil Stocks Rise More Than 7 Million Barrels WoW
Crude oil stocks, not including the SPR, stood at 426.7 million barrels on July 25, the EIA's latest weekly petroleum status report showed.
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CNOOC Achieves New Gas Startup in South China Sea
The Dongfang 1-1 Gas Field 13-3 Block Development Project 'is the first high-temperature, high-pressure, low-permeability natural gas project offshore China'.
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Iberdrola to Exit Mexico
Cox agreed to buy Iberdrola's remaining Mexican assets, including over 2.6 GW of installed generation capacity, for $4.2 billion.
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Analysts Offer Prediction for Next OPEC+ 8 Meeting
The next OPEC+ 8 meeting is currently scheduled to take place on Sunday.