WTI Crude
49.32
Brent Crude
55.66
Natural Gas
2.86
  • Crude oil and natural gas production in Texas and Oklahoma’s Anadarko Region is growing

  • Port Houston’s freeze puts tons of commodities in limbo off Texas coast

  • Harvey Damage Shuts Main Fuel Line From Texas to New York

  • Oil extends gains as Saudi pledges export curbs

  • Small Permian producers flashing warnings as oil remains cheap

Oil prices drop on rising US crude inventories

Oil prices eased on Thursday as U.S. fuel inventories rose despite efforts by OPEC to cut production and tighten the market. U.S. West Texas Intermediate (WTI) crude futures were trading at $51.08 per barrel at 0014 GMT, down 22 cents, or 0.4 percent, from their last settlement. Brent crude futures, the international benchmark for oil prices, were at $56.65, down…
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North Dakota oil production continues to rise

North Dakota's oil production rose 3.5 percent in August, hitting the highest monthly mark since early 2016. North Dakota, the nation's second largest oil producer, pumped out 1.085 million barrels of crude per day in August, compared with 1.048 million per day during the previous month, according to data released Tuesday by North Dakota's Department of Mineral Resources. The state's…
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U.S. Now Exporting as Much Oil as Some Gulf Countries

U.S. crude exports are blasting through records, approaching a level that is almost as much as Kuwait sends abroad. U.S. crude exports surged to a record 1.984 million barrels a day last week– an increase of close to 500,000 barrels a day from the previous week’s level, which was also a record. The export rate is more than twice as…
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