Traders are concerned that longer-term global growth will impact demand for crude oil. So will producers scale back?» Read More
BP PLC rose$. 51 or 1.1 percent, to $47.71. ConocoPhillips rose$. 68 or. 8 percent, to $80.90. Exxon Mobil Corp. rose$. 62 or. 6 percent, to $99.11.
BP PLC rose$. 67 or 1.4 percent, to $47.87. ConocoPhillips rose $1.05 or 1.3 percent, to $81.27. Exxon Mobil Corp. rose$. 85 or. 9 percent, to $99.34.
BP PLC rose$. 64 or 1.4 percent, to $47.84. ConocoPhillips rose$. 78 or 1.0 percent, to $81.00. Exxon Mobil Corp. rose$. 97 or 1.0 percent, to $99.46.
BP PLC fell$. 64 or 1.3 percent, to $47.20. ConocoPhillips fell $1.00 or 1.2 percent, to $80.22. Exxon Mobil Corp. fell$. 97 or 1.0 percent, to $98.49.
BP PLC fell$. 63 or 1.3 percent, to $47.22. ConocoPhillips fell $1.22 or 1.5 percent, to $80.00. Exxon Mobil Corp. fell $1.40 or 1.4 percent, to $98.06.
BP PLC fell$. 42 or. 9 percent, to $47.42. ConocoPhillips fell$. 63 or. 8 percent, to $80.59. Exxon Mobil Corp. fell$. 79 or. 8 percent, to $98.67.
WASHINGTON, Aug 26- Producers, pipeline and storage operators, and oilfield service companies will get a credit ratings boost if the United States lifts its ban on most crude oil exports, the ratings agency Standard& Poor's said on Tuesday.
Canada's Encana Corp invested $2 million to refrack two wells in Louisiana's Haynesville shale formation earlier this year, after seeing its production in the area dip 27 percent from 2012 levels. "There were a significant number of wells that we considered understimulated," said David Martinez, Encana's senior manager for Haynesville development.
BENGHAZI, Libya, Aug 20- Libya has restarted oil exports from its biggest port for the first time since the end of a year-long blockade, a boost to the central government which is struggling with a wave of clashes in the capital. A tanker has docked at Es Sider and begun loading 600,000 barrels of oil, said Mohamed El Harari, spokesman for state-run National Oil Corp.
Canada's Encana Corp invested $2 million to refrack two wells in Louisiana's Haynesville shale formation earlier this year, after seeing its production in the area dip 27 percent from 2012 levels. "There were a significant number of wells that we considered unstimulated," said David Martinez, Encana's senior manager for Haynesville development.
HOUSTON, Aug 1- An asphalt maker in New Jersey became the second U.S. company to publicly confirm buying Kurdish crude oil, saying on Friday it had imported a cargo just weeks before an Iraqi lawsuit over a separate $100 million shipment offshore Texas.
NEW YORK/ HOUSTON, July 31- Chemicals firm LyondellBasell, part of Ukrainian-born billionaire Leonard Blavatnik's business empire, said it will quit buying "disputed" oil from Iraq- one day after Reuters identified it as the mystery American importer of Kurdish crude.
NEW YORK/ HOUSTON, July 31- Chemicals firm LyondellBasell, owned by Ukraine- born billionaire Leonard Blavatnik, has emerged as the mystery American buyer of Kurdish crude oil this year, but said on Thursday it will not be buying any more due to an ownership dispute.
July 31- Marathon Petroleum Corp, the third-largest standalone U.S. refining company, said its quarterly profit rose 44 percent, helped by higher crude refining margins on the Gulf of Mexico coast.
NEW YORK, July 30- Chemicals firm LyondellBasell, owned by Ukraine- born billionaire Leonard Blavatnik, appears to be the mystery American buyer of two cargoes of Kurdish crude delivered in May, according to U.S. government data and industry sources.
CALGARY, July 30- Penn West Petroleum Ltd said it has uncovered accounting irregularities that misclassified nearly C $300 million in expenses over the last four years, and the Canadian oil producer will restate its results.
WASHINGTON, July 28- The U.S. Commerce Department has put on hold at least two companies' requests for permission to sell lightly processed crude abroad, effectively stalling an industry push to export an expanding glut of oil amid the U.S. shale revolution, sources said.
Up nearly 20 percent in the past five months, the energy sector still has room to run, Matarin's Nili Gilbert says.
The $6 billion buyout of Kodiak Oil & Gas is renewing attention on energy firms in North Dakota's Bakken formation.
PARIS, July 8- French oil major Total, which rattled Baghdad two years ago by signing a deal with Kurdistan, says it is too early to predict whether the semi-autonomous Iraqi region may turn into an important oil player.