WTI Crude
Brent Crude
Natural Gas
  • Golden Pass LNG cleared to export

  • Kinder: Permian gas line interest significant

  • trump-budget-energy

    $73 billion in mergers and acquisitions last quarter

  • Oilfield equipment rentals on the rise

  • Oil service costs could rise 15 percent this year, Wood Mac says

Oil drops to 10-month low; biggest first-half slide in 20 years

Oil prices ended down more than 2 percent on Wednesday after hitting a 10-month low in volatile trade, as growing U.S. production and reduced Chinese refinery activity fed mounting concern over the stubborn global crude glut. U.S. crude futures CLc1 settled at $42.53, down 98 cents or 2.3 percent, after touching a low of $42.13, the lowest intraday level since…

Cooler start to summer is crushing natural gas prices

Natural gas prices dropped Monday on updated forecasts for a cooler early summer across the Midwest and Northeast, meaning utility customers will use a lot less air conditioning. The natural gas industry typically sees a surge in demand in summer months as utilities meet increased power demand from air conditioning by consumers and businesses. Natural gas futures for July were…

Gulf of Mexico Storm Cindy Disrupts Shipping, Crude Imports

Tropical Storm Cindy has halted service at a major oil terminal in the Gulf of Mexico, prompted some evacuations at rigs and platforms and put states from Texas to Florida on notice for life-threatening floods. Cindy was 200 miles (322 kilometers) southeast of Galveston, Texas, with top winds of 60 miles an hour early Wednesday. Its center is forecast to…