GO
Loading...

Oil and Gas Drilling Commodity Market Trades, Charts

More

  • Bombs Dumped in Gulf of Mexico Threaten Oil Rigs Monday, 1 Oct 2012 | 4:24 PM ET
    Gas is flared off from a Petroleos Mexicanos offshore platform producing oil from the Ku-Maloob-Zaap field in the Gulf of Mexico 65 miles northeast of Ciudad del Carmen, Mexico.

    The U.S. designated certain areas around its coast for the safe dumping of explosives, but the records of where these munitions were dumped are incomplete. Now those forgotten payloads have become a real hazard for oil ocmpanies that drill deep sea wells.

  • Oil Pump

    On June 30, 2009, oil mysteriously jumped by more than $1.50 a barrel during the night, to reach its highest price in eight months, the kind of swing that is caused by a major geopolitical event.

  • After Nexen, CNOOC May Target BP's Stake in TNK Wednesday, 26 Sep 2012 | 7:48 PM ET

    Energy-hungry China may not be done yet on the acquisition trail.

  • Exxon, Rosneft to Drill in Soviet Nuclear Dump Wednesday, 26 Sep 2012 | 2:58 PM ET
    off shore oil rig

    Exxon Mobil and Rosneft are planning to drill in the Kara Sea that holds enough oil to supply the world for five years. But environmentalists fear nuclear radiation.

  • China Reaches for Control of More Canadian Oil Tuesday, 25 Sep 2012 | 4:06 PM ET
    Oil Storage Tank

    Last week, shareholders at Nexen voted in favor of the proposal in what could be a landmark for a Canadian business. But lawmakers in Ottawa have expressed reservations about Beijing's dominance in a market habitually tied to the United States.

  • An aerial view looking south along the Mediterranean coast of the walled old city of Akko in northern Israel.

    Israel is interested in developing natural gas alternatives in the eastern Mediterranean. The problem is that it is in contested waters claimed by not only Israel, but the Palestinian Authority, the Republic of Cyprus and Turkey.

  • Why Are Oil Prices Continuing to Fall? Wednesday, 19 Sep 2012 | 2:03 PM ET

    Oil prices slumped for a third-straight session Wednesday, as comments from Saudi Arabia raised expectations of increased supply and after weely data from the Energy Information Administration (EIA) showed inventories climbed far more than projected.

  • Race Is On as Ice Melt Reveals Arctic Treasures Wednesday, 19 Sep 2012 | 1:06 PM ET
    Trans-Alaska Pipeline near Fairbanks

    The Arctic’s abundant supplies of oil, gas and minerals are, thanks to climate change, becoming newly accessible, the New York Times reports.

  • Drilling Halted in the Arctic  Wednesday, 19 Sep 2012 | 6:30 AM ET

    Sen. Mark Begich, (D-AK), discusses what a delay in Arctic drilling means for the future of oil prices and exploration in the U.S.

  • Tamminen: Wars Over Oil Yield No Winners Tuesday, 18 Sep 2012 | 5:53 PM ET
    City skyline and modern construction, Ho Chi Minh City, Vietnam.

    We're not talking about the Persian Gulf. It's the South China Sea where China and Vietnam are on a collision course that could result in higher commodity prices and far worse.

  • Can Syria's Rebels Ever Overthrow Assad? Tuesday, 18 Sep 2012 | 2:49 PM ET

    In an interview with OilPrice.com, the president of a private intelligence company discusses whether rebels can defeat Syria's President Bashar al-Assad.

  • Kilduff: Oil’s ‘Flash’ Warning to All the Markets Tuesday, 18 Sep 2012 | 10:49 AM ET

    The crude oil market signaled a warning to all the markets with its precipitous decline, yesterday.

  • Oil Retreats After IEA Says High Prices 'Unbearable' Friday, 14 Sep 2012 | 2:43 PM ET

    U.S. oil prices retreated over $1 after topping $100 a barrel early Friday when the International Energy Agency's chief economist said high prices are now "unbearable for consumers" and traders anticipated an announcement of a release of emergency oil reserves could be imminent.

  • A makeshift emerald mine in The Panjshir Valley, Afghanistan.

    Officials and industry experts are worried that the potential wealth to be made from Afghanistan's resources has increased the level of corruption, violence, and intrigue in the country.

  • Saudi Arabia, the world's central bank for oil, could become a net oil importer by 2030 according to a new study by Citigroup, the international financial conglomerate.

  • Five Oligarchs Whose Names You Need to Know Wednesday, 5 Sep 2012 | 3:53 PM ET

    Oligarchs are the wealthy few who benefit from the government and for all intents and purposes call the shots behind the scenes. Oilprice.com considers five key oligarchs and oligarch families who will shape the future.

  • US Accuses BP of Gross Negligence in Gulf Tuesday, 4 Sep 2012 | 11:27 PM ET
    BP sign

    The US Department of Justice intends to prove at trial that gross negligence or willful misconduct by BP caused the 2010 Deepwater Horizon disaster in the Gulf of Mexico, government lawyers have said, in the clearest statement yet that they are seeking the maximum possible penalties from the British oil group. The FT reports.

  • Oil Prices: Supply Worries Aren't What Matters Now Tuesday, 4 Sep 2012 | 3:41 PM ET

    Geopolitical and economic issues are shaping the price of oil more than worries about supply.

  • Mexican Oil Company’s Alleged Drug Ties Probed Friday, 31 Aug 2012 | 4:26 PM ET
    ADT Petroservicios

    US companies and individuals have been prohibited from doing business with Mexican oil company ADT Petroservicios and the company’s U.S. assets have been frozen due to owner Francisco Antonio Colorado Cessa’s links to the Los Zetas drug-trafficking cartel.

  • Colombian Oil: Is It Time To Invest? Thursday, 30 Aug 2012 | 3:26 PM ET
    The Ecopetrol SA oil refinery stands in Cartagena, Colombia, on Tuesday, March 13, 2012. Ecopetrol SA, Colombia's largest oil company, plans to finish repairs this week to a pipeline sabotaged by guerrillas more than a dozen times this year.

    'Senior' Colombian oil stocks are just above 50 percent of their highs, and the rest are anywhere from 20-50 percent of their highs.