US Oil

U.S. Oil Drillers Keep Pressure on OPEC With Record Shale Output

EghtesadOnline: Oil output from major U.S. shale plays is poised to reach a fresh record next month, further complicating OPEC’s efforts to support prices.

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Publish Date:15/August/2017 | 10:35

Top Oil Market Summons Poseidon as U.S. Crude Vies With Mideast

EghtesadOnline: Poseidon is wading into the battle between U.S. crude and Middle East supplies in the world’s biggest oil market.

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Publish Date:18/July/2017 | 04:53

Texas Drillers Face Threat of Too Much Oil, Too Few Pipelines

EghtesadOnline: Oil production in West Texas is about to outgrow pipeline capacity, a combination that knocked down crude prices in the region three years ago.

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Publish Date:01/April/2017 | 19:31

Texas Drillers Face Threat of Too Much Oil, Too Few Pipelines

EghtesadOnline: Oil production in West Texas is about to outgrow pipeline capacity, a combination that knocked down crude prices in the region three years ago.

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Publish Date:01/April/2017 | 19:31

U.S. Petroleum Exports Climb to Record as Crude Output Grows

EghtesadOnline: When it comes to petroleum, the U.S. is the land of plenty. The year 2017 started off with a bang for American oil companies as total crude and petroleum products exports rose to a record 5.69 million barrels a day in January, government data show.

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Publish Date:01/April/2017 | 19:29

U.S. Petroleum Exports Climb to Record as Crude Output Grows

EghtesadOnline: When it comes to petroleum, the U.S. is the land of plenty. The year 2017 started off with a bang for American oil companies as total crude and petroleum products exports rose to a record 5.69 million barrels a day in January, government data show.

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Publish Date:01/April/2017 | 19:29

Oil Gains as Libyan Crude Drop Offsets What OPEC Curbs Couldn't

EghtesadOnline: Oil rose after a pipeline halt reduced output in OPEC member Libya, countering concerns that a U.S. surplus shows little sign of diminishing.

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Publish Date:29/March/2017 | 13:14

Oil Gains as Libyan Crude Drop Offsets What OPEC Curbs Couldn't

EghtesadOnline: Oil rose after a pipeline halt reduced output in OPEC member Libya, countering concerns that a U.S. surplus shows little sign of diminishing.

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Publish Date:29/March/2017 | 13:14

Oil Drops for Week on U.S. Supplies Before OPEC, Allies Meet

EghtesadOnline: Crude oil had its third weekly loss in a month as OPEC and its allies prepared to meet for a review of their production cuts, while swelling U.S. stockpiles indicated the measures aren’t working yet.

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Publish Date:25/March/2017 | 06:18

Oil Drops for Week on U.S. Supplies Before OPEC, Allies Meet

EghtesadOnline: Crude oil had its third weekly loss in a month as OPEC and its allies prepared to meet for a review of their production cuts, while swelling U.S. stockpiles indicated the measures aren’t working yet.

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Publish Date:25/March/2017 | 06:18

All drill, no frack: U.S. shale leaves thousands of wells unfinished

EghtesadOnline: U.S. shale producers are drilling at the highest rate in 18 months but have left a record number of wells unfinished in the largest oilfield in the country – a sign that output may not rise as swiftly as drilling activity would indicate.

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Publish Date:24/March/2017 | 10:27

All drill, no frack: U.S. shale leaves thousands of wells unfinished

EghtesadOnline: U.S. shale producers are drilling at the highest rate in 18 months but have left a record number of wells unfinished in the largest oilfield in the country – a sign that output may not rise as swiftly as drilling activity would indicate.

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Publish Date:24/March/2017 | 10:27

Race to Bottom on Costs May Cause Oil to Choke on Supplies

EghtesadOnline: Houston hosted two events this week: the nation’s largest energy conference and the town’s famous rodeo. They have more in common than you’d think.

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Publish Date:11/March/2017 | 05:30

U.S. shale plots production growth despite OPEC's warning

EghtesadOnline: U.S. shale oil producers are plotting ambitious production growth outside the red-hot Permian Basin in Texas, widening a resurgence that could confound OPEC's strategy to tighten global supplies.

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Publish Date:09/March/2017 | 08:08

Surprise Oil Price Cut Shows Saudis Are Trying to Fend Off U.S. Sweet Crude

EghtesadOnline: The oil is light, sweet and tempting, with a lot of it made in the U.S. Saudi Arabia’s trying to keep it away from the biggest crude buyers.

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Publish Date:09/March/2017 | 06:15

A Fit U.S. Shale Industry Challenges OPEC Once Again

EghtesadOnline: When the who’s who of the oil industry met a year ago in Houston, Saudi Arabia’s energy minister had harsh words for U.S. shale drillers struggling with the worst price crash in a generation.

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Publish Date:04/March/2017 | 04:56

Oil Prices Slip 1 Percent

EghtesadOnline: Oil prices fell about 1% on Friday as worries about rising US supplies outweighed OPEC pledges to boost compliance with output curbs.

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Publish Date:26/February/2017 | 13:11

U.S. May Export More Oil in 2017 Than Four OPEC Nations Produce

EghtesadOnline: U.S. crude exports are poised to surpass production in four OPEC nations in 2017 and may grow even more if President Donald Trump honors pledges to ease drilling restrictions and maximize output.

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Publish Date:02/February/2017 | 16:40

OPEC Helps Cheap U.S. Oil Find Its Way to Group’s Top Buyers

EghtesadOnline: Add Southern Green Canyon and Mars Blend to the growing list of American crude that’s challenging OPEC’s dominance in the world’s biggest oil market.

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Publish Date:24/January/2017 | 04:42

U.S. crude oil stocks rise, while products draw down: EIA

EghtesadOnline: U.S. crude oil stocks unexpectedly rose last week, while gasoline and distillate product inventories dropped, the U.S. Energy Information Administration said on Thursday.

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Publish Date:30/December/2016 | 06:25