Analysis: Heavy oil shortage spells higher cost for industry
Mexican export cuts and a rerouting of Canadian output are shrinking limited supplies of heavy crude in the Atlantic basin
Pioneer reports lower profit ahead of its takeover by Exxon
Pioneer Natural Resources on Thursday reported a lower first-quarter profit, weighed down by higher production costs and weak natural gas prices.
Exxon-Pioneer deal greenlit by US FTC, Pioneer exec barred from board
Pioneer CEO Scott Sheffield prevented from taking a seat on the board of Exxon Mobil by FTC order.
OPEC+ could extend oil cuts, formal talks yet to start, sources say
OPEC+ has implemented a series of output cuts since late 2022, which could continue if demand fails to pick up.
‘End of oil not in sight’, says OPEC Secretary General
OPEC Secretary General Haitham Al Ghais wrote there is "a worrying trend of narratives" that use terms like the end of oil, which...
Oilfield firm SLB’s profit rises on international drilling demand
Strong oil and gas drilling demand in the Middle East and Africa helped offset weakness in North American activity
Oil prices fall after Iran attack as market draws down risk premium
Brent futures for June delivery fell 50 cents, or 0.5%, to $89.95 a barrel, while West Texas Intermediate futures for May delivery were...
Oil prices head back up on Middle East jitters
Crude futures up amid concern that Iran, the third-largest OPEC producer, might retaliate for a suspected Israeli warplane attack on Iran's embassy.
