The light, sweet crude oil price for May declined slightly on the New York market Apr. 4 as traders and analysts monitored ongoing US-Chinese trade tensions, but crude prices started gaining upward momentum after a weekly government report showed US crude supplies fell. Source: News
05 Apr 2018 10:55:58 EDT – The latest stock information is now available for your stocks
XOM Last 75.555 Change +0.685 % Change 0.91% Volume 4,074,035 As of: 5 Apr 2018 10:55:58 EDT View: Stock Quote | News CVX Last 116.54 Change +2.06 % Change 1.8% Volume 1,769,329 As of: 5 Apr 2018 10:55:58 EDT View: Stock Quote | News COP Last 60.51 Change +0.95 % […]
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Bahrain reports large offshore oil find
The National Oil and Gas Authority of Bahrain expects production to begin within 5 years from an oil and gas discovery in shallow water off the island nation’s west coast. At a press conference reported by the official Bahrain News Agency, a DeGolyer & MacNaughton official estimated P50 oil in place at 80 billion bbl. […]
EIA: US crude stockpiles fall 4.6 million bbl
US crude oil inventories, excluding the Strategic Petroleum Reserve, fell for the week ended Mar. 30, according to US Energy Information Administration data. Inventories decreased by 4.6 million bbl, EIA said. Source: News
RFA criticizes EPA for excusing Andeavor refineries from RFS quota
The Renewable Fuels Association strongly criticized the US Environmental Protection Agency following a Reuters report that EPA exempted three Andeavor refineries from having to meet 2016 renewable fuel quotas under a small refiner hardship provision. Source: News
SM Energy to sell Williston basin, Halff East assets
SM Energy Co., Denver, has entered into two definitive agreements, one for the sale of the company’s remaining assets in the Williston basin in Divide County, ND, and one for the sale of its third-party operated assets known as Halff East in Upton County, Tex., for combined proceeds of $292.3 million. Buyers were not disclosed. […]