New Floating Facility Arrives in Venezuela The first new floating facility to produce crude at a $1 billion project operated by China Concord Resources Corp in Venezuela has reached Lake…
Oil Prices Move on OPEC+ Supply Talks Market Catalysts host Allie Canal takes a closer look at trending stock tickers, starting with oil prices (CL=F, BZ=F). OPEC+ is reportedly weighing…
Strong Q2 Results for Viper Energy The sun rising over a sprawling network of oil & gas pipelines near Midland, Texas reflects the strength of the sector. Viper Energy, Inc.…
Oil Rises After US Inventory Report Oil rose after a weekly report from the Energy Information Administration revealed a sharp 6-million-barrel decline in US stockpiles. Traders interpreted the drawdown as…
Oil Prices in Focus Before High-Stakes Talks Oil (CL=F, BZ=F) prices are in focus as President Trump prepares to meet Vladimir Putin. The scheduled Friday meeting is drawing global market…
Oil Prices Decline Amid Diplomatic Speculation Crude oil prices are trading lower on the possibility of progress in the Trump-Putin summit in Alaska. The meeting could lead to reduced sanctions…
Oil Prices React to US–Russia Truce Talks Oil prices (CL=F, BZ=F) are in focus as Bloomberg reports a possible US–Russia truce. Such discussions raise questions about future oil supply. Traders…
Oil Trades Sideways as Market Eyes U.S.-Russia Tensions Oil prices fluctuated in choppy trading Wednesday as investors awaited clarity on U.S. policy toward Russian energy flows. West Texas Intermediate (WTI)…
Oil Awaits Market Direction as Week Begins As a new week opens, oil markets are in a holding pattern. Investors are digesting a damaging U.S. jobs report and awaiting clarity…
Oil Drops as U.S. Outlook Weakens Sharply Oil prices sank Friday following a slew of poor U.S. economic reports. West Texas Intermediate fell as much as 3.2%, sliding near $67…