Guyana Pulls the Plug on Frontera-CGX JV – Exxon Stays Winning
Guyana’s government has officially yanked the plug on the Frontera-CGX joint venture, canceling its oil prospecting license for…
Oil Prices Dip Despite Bullish Demand Outlook
Crude oil prices dipped today, despite expectations for strong demand following the U.S. Energy Information Administration’s latest inventory…
Hedge Funds Turn Bearish on Oil, Bullish on Natural Gas
Traders haven’t been this bearish on oil in months or so bullish on U.S. natural gas in years. …
Oil Prices Rebound on Resilient Demand Signals
Crude oil prices inched higher after starting the week with sharp losses, amid reports of rebounding Asian imports…
CERAWeek Haunted by Tariffs and Tanking Oil
The current year’s CERAWeek by S&P Global conference kicked off in U.S. metropolis of Houston on Monday, with…
Vital Energy price target lowered to $30 from $44 at Raymond James
https://www.tipranks.com/news/the-fly/vital-energy-price-target-lowered-to-30-from-44-at-raymond-james Raymond James analyst John Freeman lowered the firm’s price target on Vital Energy (VTLE) to $30 from…
Baker Hughes says oil producers unlikely to increase spending this year
By Arathy Somasekhar HOUSTON (Reuters) – U.S. oil and gas producers are unlikely to increase spending this year…
U.S. Crude Stockpiles Climb as Oil Prices Tumble Below $70
By Julianne Geiger – Mar 05, 2025, 9:40 AM CST Crude oil inventories in the United States saw…
UK Oil & Gas: Too Legit to Quit, Even for Labour
When the Labour Party of Keir Starmer won the latest UK elections, it vowed to stop new oil…
What Will Geopolitical Uncertainties Do To Crude Oil Prices?
The price of nearby WTI crude oil futures has not been materially under $65 per barrel in almost…
Trade War Uncertainty Keeps Oil Traders on Edge
Crude oil prices remain under pressure, struggling to gain upside traction as bearish fundamentals dominate sentiment. A combination…
Restoring U.S. Oil Reserve to Capacity Could Take Years, Cost $20 Billion
3/7/2025 (Reuters) — U.S. Energy Secretary Chris Wright estimates it would take $20 billion and years to accomplish…