WTI Crude
48.61
Brent Crude
50.78
Natural Gas
3.24
  • 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…
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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…
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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…
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