Crude Oil Price Forecast: Consolidates as Bears Press Key $62 Support
Support and Downside Targets The recent swing low of $62.19, recorded last Wednesday, marks critical near-term support. A…
Mexico Bets on Two Major Shale Plays to Break Free from Debt Spiral
Mexico is betting on ‘complex geology’ development to reverse the fortunes of its state-owned oil and gas giant…
Empire Petroleum Extends Rights Offering Expiration Date
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Despite Delays Suriname’s Oil Boom is Fast Becoming a Reality
It is a long time coming, but the impoverished South American country of Suriname is poised to enjoy…
Oil Prices Fall Ahead Of Possible Cease-Fire
Oil prices fell on Tuesday as traders thought a possible cease-fire in Russia’s war with Ukraine might lead to…
Analysts See Weekly Decline in U.S. Crude Oil Stockpiles
By Anthony Harrup U.S. crude oil inventories likely fell last week, reversing some of the previous week’s build…
Strategists Forecast 8 Million Barrel USA Crude Inventory Draw
In an oil and gas report sent to Rigzone late Monday by the Macquarie team, Macquarie strategists revealed…
Global crude exports remain strong as oversupply fears loom
Global crude/condensates departures remained elevated during the first 15 days of August 2025 at around 41mbd, 2% above…
U.S. accuses India of profiteering from Russian oil during Ukraine war
Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from cheap Russian oil imports during the war…
China Scoops Up Russian Crude Amid U.S. Pressure on India
China has boosted imports of Russia’s flagship Urals crude, as refiners buy additional volumes of discounted oil while…
Empire Petroleum Extends Expiration Date of Rights Offering
Empire Petroleum Corporation is an independent energy company that is engaged in optimizing developed production. The Company operates…
EY study finds the sector shrinking from top 50 to top 40 players
Year-over-year mergers and acquisitions (M&A) activity surged 331%, totaling $206.6 billion Focus shifts to future drilling potential through…