US Drillers Add Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says

The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. Wedoany.com Report-Feb 8, U.S. energy firms thi...

Oil Set for Third Straight Weekly Decline Amid Tariff Concerns

A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025. Wedoany.com Report-Feb 7, Oil prices rose marginally in Asian trade on Friday but were on track for a thi...

Oil
2025-02-07

Ecopetrol Pressured to Sell U.S. Shale Venture by Colombia’s Leader

Wedoany.com Report-Feb 7, Ecopetrol SA shares plunged after Colombian President Gustavo Petro called on the oil producer to sell its operations in the U.S., citing his government’s position agai...

Oil
2025-02-07

US Permian Oil Output Growth to Slow in 2025 Despite Trump’s Plan, Executives Say

A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019. Wedoany.com Report-Feb 7, Growth in oil output from the U.S. Pe...

Oil
2025-02-07

Oil Little Changed as Trump Policies Continue to Weigh on Prices

An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023. Wedoany.com Report-Feb 6, Oil prices edged up in Asian trading on Thursday after Saudi ...

Oil
2025-02-06

Fuel Oil Rally Expected to Stall as Market Shakes off US-Iran Policy

A boat passes in front of an oil refinery located on Singapores Jurong Island March 28, 2009. Wedoany.com Report-Feb 5, Fuel oil margins climbed after U.S. President Donald Trump reimposed a tougher ...

Oil
2025-02-05

Oil Mixed as Trump Restores Pressure on Iran, Tariff Drama Caps Prices

A view of an oil pumpjack in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. Wedoany.com Report-Feb 5, Oil prices diverged at settlement on Tuesday amid tariff drama be...

Oil
2025-02-05

Encino’s Owner Mulls $7 Billion Sale, IPO of Energy Producer

Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. Wedoany.com Report-Feb 5, Canadian pension fund CPP Investments is weighing strategic options, including a sale or initial pub...

Ecopetrol, OXY to Drill 34 Wells in Permian Under Development Plan Extension

Wedoany.com Report-Feb 4, Ecopetrol S.A. announced that its U.S. subsidiary, Ecopetrol Permian, has reached an agreement with Occidental Petroleum (OXY) to extend its development plan of Rodeo Midland...

Oil
2025-02-04

OPEC+ Sticks to Oil Output Plan After Trump’s Price Demand

Wedoany.com Report-Feb 4, An OPEC+ panel on Monday reaffirmed the oil cartel’s plan to gradually hike output starting from April, after US President Donald Trump called for lower prices. In a b...

Oil
2025-02-04
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