U.S. Oil and Gas Drilling Activity Slows Amidst Price Plunge | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Aug 02, 2024, 12:10 PM CDT The total number of active drilling rigs...Continue Reading

OPEC+ to Reevaluate Production Cuts as Brent Crude Prices Falter | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Aug 02, 2024, 11:30 AM CDT OPEC maintained steady oil production in July,...Continue Reading

Imperial Oil Q2 Earnings Surge by 68% | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 02, 2024, 10:30 AM CDT Canadian producer Imperial Oil saw its net profit soar by 68% in the second quarter from year-ago levels as the highest second-quarter production in...Continue Reading

Chevron Ditches California for Texas | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 02, 2024, 10:00 AM CDT Chevron is moving its headquarters from California to Texas over the next five years. The company cited California’s “adversarial” policies towards the fossil...Continue Reading

Exxon Delays Startup of $10-Billion Golden Pass LNG Export Project | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 02, 2024, 9:35 AM CDT ExxonMobil is delaying the start-up of its joint venture Golden Pass LNG export project in Texas to late 2025 from the...Continue Reading

Oil Prices Fall Back as Demand Concerns Return | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Aug 02, 2024, 9:16 AM CDT Oil prices were dropping on Friday morning as traders returned to focus on demand concerns in the light...Continue Reading

Exxon Tops Q2 Estimates on Record Permian and Guyana Production | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Aug 02, 2024, 8:40 AM CDT ExxonMobil (NYSE: XOM) beat Wall Street...Continue Reading

The Risk of a Regional War in the Middle East | OilPrice.com Premium Content By Editorial Dept – Aug 02, 2024, 8:00 AM CDT Oil markets now view the Middle East conflict as having escalated to its most dangerous point since October 7th, and Iran’s anticipated response to the killing of the leader of Hamas...Continue Reading

Protests in Venezuela After Maduro Claimed Victory in Disputed Election | OilPrice.com Premium Content By Editorial Dept – Aug 02, 2024, 8:00 AM CDT Politics, Geopolitics & Conflict Deadly protests have ensued following Maduro’s claim of victory in Sunday’s presidential elections in Venezuela. Venezuela has already cut diplomatic ties with Peru for questioning the election...Continue Reading

A Week of Turmoil in Oil Markets | OilPrice.com Premium Content By Editorial Dept – Aug 02, 2024, 8:00 AM CDT The crude oil market experienced significant volatility this week, with prices spiking due to a combination of geopolitical tensions and supply concerns, but ultimately being held back by demand uncertainty. Middle East Powder Keg...Continue Reading