GO
Loading...

Enter multiple symbols separated by commas

Oil and Gas Drilling Commodity Market Trades, Charts

More

  • BHP in Talks with Canada’s Harry Winston Monday, 6 Aug 2012 | 10:39 PM ET
    56850926_opt(2).jpg

    BHP Billiton is in protracted talks with Harry Winston, the Canadian mining and retail group, about a sale of its diamond business but could yet opt to keep the unit as discussions drag on with the sole remaining bidder. The FT reports.

  • Israel: No Oil, but Now Overflowing in NatGas Monday, 6 Aug 2012 | 2:58 PM ET
    A flame rises from a tower at Yemen's second liquid natural gas plant in the coastal area of Balhaf.

    Ever since its founding as an autonomous state in 1948, Israel has relied on imported energy to meet its domestic power demands. However, offshore exploration operations have now found giant natural gas fields able to supply the country with more gas than it can use.

  • Why the Kurds Hold All the Cards in Iraq Oil Sector Friday, 3 Aug 2012 | 3:35 PM ET
    Tawke oil field near the town of Zacho in Dohuk province about 250 miles north of Baghdad, Iraq.

    The Kurdish government in Iraq announced Wednesday it would resume oil exports from the region later this week. Erbil had shut down exports in April, blaming the central government in Baghdad for withholding payments owed to international oil companies working in the semi-autonomous north. The region's Ministry of Natural Resources said the resumption was a goodwill gesture meant to encourage the central government to settle the outstanding payments. With foreign companies seemingly focusing their financial energy in northern Iraq, however, the gesture may be more of a power play than a confidence-building effort.

  • Oil at 2-Week High, Biggest 1-Day Gain in a Month Friday, 3 Aug 2012 | 3:07 PM ET
    oil_barrells_ap_200.jpg

    U.S. oil futures topped $91 a barrel for the first time in two weeks, surging over 4 percent to post the biggest one-day surge for oil prices since June 29. The September WTI crude contract closed the NYMEX floor trading session up $4.27 at $91.40 a barrel.

  • Oil Posts Biggest One-Day Gain in a Month Friday, 3 Aug 2012 | 10:59 AM ET
    oil_barrells_ap_200.jpg

    Oil prices are extending gains on better-than-expected U.S. non-farm payrolls data, a re-evaluation of Draghi's comments, and deepening concerns about escalating violence in Syria..

  • Biggest One-Day Drop in Nat Gas Since 2009 Thursday, 2 Aug 2012 | 3:32 PM ET
    Natural Gas

    Natural gas futures plunged 8 percent Thursday as supplies grew more than expected last week and as hot temperatures were forecast to moderate by the middle of August.

  • Which Large Oil Fields Are Waiting to Be Developed? Thursday, 2 Aug 2012 | 9:48 AM ET
    An oil drilling rig in the Junin 10 field in the Orinoco Oil Belt, in Anzoategui, Venezuela on January 24, 2012.

    For a variety of reasons there still exist many untapped oil fields in the world. Those reasons may be political, technological, geological, or economical; but as time goes on they are being resolved to the extent that some huge fields are now becoming available for exploration and production.

  • Is the Gold Rush Over? Wednesday, 1 Aug 2012 | 1:12 PM ET
    gold_bars_coins_200.jpg

    Sliding gold coin sales show that retail demand for the actual metal is clearly fading, but dealers and analysts say it is not because investors are less concerned about the financial turmoil around the globe. There's just not the same fervor for the precious metal as in recent years.

  • US Refiners Continue Stealth Rally Tuesday, 31 Jul 2012 | 1:33 PM ET
    Valero Refinary

    As the summer doldrums set in for oil and equities, at least one sector has become a sleeper hit — refinery stocks.

  • The Case for China's Canadian Oil Grab Monday, 30 Jul 2012 | 4:18 PM ET
    oil_barrels_money.jpg

    China’s $15.1 billion bid to acquire Canada’s Nexen oil company threatens to turn China into an owner rather just a major buyer of Canadian oil, and prompts a surge in nationalist rhetoric that is attempting, misguidedly, to bring up the question of sovereignty.

  • Ten Reasons Why Fracking Is Doomed Friday, 27 Jul 2012 | 2:33 PM ET
    A hydraulic fracturing site

    The cost of generating electricity by wind and solar is falling rapidly, ,and however hard Big Oil and Big Gas try to suppress government funding and tax breaks for renewables, they are doomed to lose, and in only about 4 years.

  • Oil Rallies Amid Talk of More Fed Easing Wednesday, 25 Jul 2012 | 3:43 PM ET
    oil_pump_2_200.jpg

    Oil prices staged a sharp turnaround ahead of the close in floor trading at the NYMEX Wednesday, as traders speculated about the prospects for more Fed easing.

  • Oil, Gasoline Futures Fall on Bearish Inventory Data Wednesday, 25 Jul 2012 | 12:39 PM ET
    market-insider-commodities-trader-oil-nat-gas.jpg

    West Texas Intermediate (WTI) oil futures fell to the lowest price in more than a week, sliding more than $1 to below $88 a barrel, and RBOB gasoline futures plunged more than two percent to a two-week low, trading below $2.75 a gallon, after the U.S. Energy Information Administration reported a huge increase in domestic oil and gasoline supplies over the past week.

  • Major Insurer Says It Won't Cover Fracking Tuesday, 24 Jul 2012 | 11:04 AM ET
    Fracking

    Nationwide Mutual has become the first insurance company to decline coverage for claims related to hydraulic fracturing, a controversial energy production known as “fracking.”

  • Q&A: Energy Showdown in Argentina Tuesday, 24 Jul 2012 | 10:58 AM ET
    Falkland Islands

    Argentina is making few friends in the fossil fuels industry these days. Sam Logan, owner of  Southern Pulse, speaks to Oilprice.com about the politics of populism behind Argentina’s energy aggression.

  • CNOOC’s Failed Unocal Bid Paved Way for Nexen Deal Tuesday, 24 Jul 2012 | 3:39 AM ET
    oil_pump_2_200.jpg

    The memory of  its failed 2005 bid for Unocal still fresh, China's state-controlled CNOOC Ltd. has put lessons learned into practice and "networked strongly" with regulators in Canada and the U.S., smoothing the way for its $15.1 billion all-cash deal to  buy Canadian oil producer Nexen Inc.

  • Why Oil Will Keep Sliding: Armstrong Monday, 23 Jul 2012 | 1:17 PM ET
    oil_barrells_ap_200.jpg

    The prospect of military conflict over Iran's nuclear program, on one hand, versus a deteriorating global economic outlook, on the other, are divergent factors that nevertheless pushed oil prices to their highest level since May last Thursday.

  • Nat Gas Futures Poised to Settle at 6-Month High Friday, 20 Jul 2012 | 12:59 PM ET
    Natural Gas

    Natural gas futures topped $3. per million BTUs for the third straight session on Friday, rising to an intraday high of nearly $3.06.

  • Arctic Drilling Is Expensive. Ask the Coast Guard Thursday, 19 Jul 2012 | 1:51 PM ET
    US Coast Guard Arctic

    Royal Dutch Shell is one of six energy companies hoping to begin drilling for oil and gas in the Arctic next month, and the U.S. Coast Guard is billions of dollars short of what it needs to monitor and protect those operations, according to a report.

  • Have Gasoline Prices Bottomed? Monday, 16 Jul 2012 | 11:21 AM ET
    gas_nozzle-_w_car.jpg

    Some analysts suggest the slide toward a $3.00 retail gasoline may have permanently stalled. Retail gasoline prices often follow the trend in the futures market within a week or so, analysts say.