×

Top News & Analysis North Dakota

  • MINOT, N.D. _ Investors Real Estate Trust on Monday reported a key measure of profitability in its fiscal third quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 13 cents per share. Investors Real Estate Trust expects full-year funds from operations to be 41 cents to 43 cents per share.

  • NEW YORK, March 13- U.S. shale oil production in April was set for its biggest monthly increase since October as output in the Permian Basin, America's fastest growing shale oil region, was expected to hit another record high, government data showed on Monday. Oil production in the Permian Basin in Texas and New Mexico, the largest U.S. shale oil field, was set to rise...

  • WASHINGTON— Agriculture secretary nominee Sonny Perdue says he will step down from several positions at companies bearing his name, restructure family trusts and create blind trusts to avoid a conflict of interest if he is confirmed. In a written agreement with a government ethics agency, the former Georgia governor said he will also step down from positions...

  • Pipeline drama dates way, way back

    Pipeline protests at Standing Rock are rooted in a 200 year-old legal battle.

  • The Army Corps of Engineers has finished cleaning up three Dakota Access pipeline protest camps that were on federal land in North Dakota. Judge James Boasberg last week rejected the request of the Standing Rock and Cheyenne River Sioux to stop construction of the final segment of the pipeline that would move oil from North Dakota to Illinois.

  • District Judge James Boasberg last week rejected the request of the Standing Rock and Cheyenne River Sioux tribes to stop construction of the final segment of the pipeline under Lake Oahe, a Missouri River reservoir in North Dakota from which the tribes get their water. Cheyenne River attorney Nicole Ducheneaux on Friday appealed the ruling to the U.S. Court...

  • Houston oilfield services company Baker Hughes Inc. said Friday that 617 rigs sought oil and 151 explored for natural gas this week. Louisiana increased by five rigs, Colorado and Oklahoma each were up three, Ohio and Wyoming rose by two and California gained one. Arkansas, Kansas, North Dakota, Pennsylvania, Texas, Utah and West Virginia were all unchanged.

  • *OPEC's willingness to extend production cuts in doubt. NEW YORK, March 10- Oil skidded again on Friday, pushing prices to three-month lows as investors continued to flee bullish positions on worries that OPEC- led production cuts have not yet reduced a global glut of crude. U.S. crude settled down 79 cents, or 1.6 percent, to $48.49 a barrel, while Brent crude ended...

  • *OPEC's willingness to extend production cuts in doubt. NEW YORK, March 10- Oil skidded again on Friday, pushing prices to three-month lows as investors continued to flee bullish positions on worries that OPEC- led production cuts have not yet reduced a global glut of crude. U.S. crude fell 84 cents, or 1.8 percent, to $48.44 a barrel, as of 1:22 p.m. ET.

  • March 10- U.S. drillers added oil rigs for an eighth week in a row to the most since September 2015, extending a ten-month recovery as energy companies boost spending to take advantage of a recovery in crude prices since OPEC agreed to cut production late last year. "We will not see the impact of this week's crude price collapse for another couple of months," James...

  • NEW YORK, March 10 (Reuters)- Oil prices fell for a third day on Friday, extending a selloff on heightened worries that OPEC- led production cuts have not yet reduced a global glut of crude. Senior Saudi officials told U.S. oil firms in a closed-door meeting they should not assume OPEC would extend output curbs to offset rising production from U.S. shale fields,...

  • *U.S. crude oil dropped below $50 on Thursday. LONDON, March 10- Oil prices steadied on Friday after dropping to their lowest in more than three months, pressured by heavy oversupply despite OPEC- led production cuts. Brent crude oil was down 10 cents at $52.09 a barrel by 1445 GMT, after falling 1.7 percent on Thursday and 5 percent the day before in its biggest...

  • LONDON, March 10- Oil prices recovered a little on Friday after dropping to their lowest in more than three months, pressured by heavy oversupply despite OPEC- led production cuts. Brent crude oil was up 20 cents at $52.39 a barrel by 1320 GMT, after falling 1.7 percent on Thursday and 5 percent the day before in its biggest percentage decline in a year.

  • *OPEC's willingness to extend production cuts in doubt. LONDON, March 10- Oil prices recovered a little on Friday after dropping to their lowest in more than three months, pressured by heavy oversupply despite OPEC- led production cuts. Brent crude oil was up 30 cents at $52.49 a barrel by 1200 GMT, after falling 1.7 percent on Thursday and 5 percent the day before in...

  • WASHINGTON— With options dwindling to stop construction of the $3.8 billion Dakota Access pipeline, American Indians and their supporters brought their message to President Donald Trump on Friday with rallies outside the White House and his Washington hotel. Tom Goldtooth, executive director of the Indigenous Environmental Network, said Texas- based...

  • *OPEC's willingness to extend production cuts in doubt. LONDON, March 10- Oil prices recovered a little on Friday after dropping to their lowest in more than three months, pressured by heavy oversupply despite OPEC- led production cuts. Brent crude oil was up 35 cents at $52.54 a barrel by 0950 GMT, after falling 1.7 percent on Thursday and 5 percent the day before in...

  • *OPEC's willingness to extend production cuts in doubt. LONDON, March 10- Oil prices recovered a little on Friday after dropping to their lowest in more than three months, pressured by heavy oversupply despite OPEC- led production cuts. Brent crude oil was up 15 cents at $52.34 a barrel by 0900 GMT, after falling 1.7 percent on Thursday and 5 percent the day before in...

  • *U.S. oil dropped below $50 on Thursday. West Texas Intermediate crude was up 17 cents, or 0.4 percent, at $49.45 a barrel at 0746 GMT. It fell below $50 on Thursday for the first since mid-December, when OPEC and other producers agreed to cut output.

  • *U.S. oil dropped below $50 on Thursday. West Texas Intermediate crude was up 37 cents, or 0.8 percent, at $49.65 a barrel at 0604 GMT. It fell below $50 on Thursday for the first since mid-December, when OPEC and other producers agreed to cut output.

  • *U.S. oil dropped below $50 on Thurs. West Texas Intermediate crude was up 40 cents at $49.68 a barrel at 0151 GMT. It fell below $50 on Thursday for the first since mid-December, when OPEC and other producers agreed to cut output.