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WTI and Brent crude futures declined Friday, but the Brent managed to show a slight week-on-week increase.
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Most US motorists could save 25 cents or more per gallon on gasoline this fall compared to this summer, claims AAA.
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The U.S. dropped 16 oil rigs and three gas rigs for a net loss of 19 rigs, according to BHGE.
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TC Energy Corp.'s long-delayed Keystone XL oil pipeline cleared a significant legal hurdle as the Nebraska Supreme Court ruled that regulators approval of the conduit's route through the state was valid.
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A consortium of Larsen & Toubro and Subsea 7 subsidiaries has won an EPCI contract from Saudi Aramco.
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A looming U.S. sanctions deadline is threatening to clobber Venezuela's dwindling oil-rig fleet and hamper energy production in the nation with the world's largest crude reserves.
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Matador Resources Co. is suing U.S. immigration authorities to give the oil driller's $110,00-a-year big-game hunting expert a visa.
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2019 will mark the first time since 2014 the subsea market will have year-on-year growth, but declining oil prices could threaten this growth, according to Rystad Energy.
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WTI and Brent futures posted losses Thursday.
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Top Trump administration officials will meet to consider options for quelling a backlash in politically important farm states over recent biofuel policy moves.
