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Oil struggles to recover after U.S. gasoline stocks build


Oil prices ticked up on Thursday but struggled to fully recover from the previous session’s losses when a build in

Russia may support global cuts rollover beyond 2020 if oil markets worsen -sources


Russia may support keeping cuts in global oil output unchanged after 2020, when they are due to be eased, if

Kinder Morgan quarterly profit falls on lower natgas volume


U.S. pipeline operator Kinder Morgan Inc KMI.N reported a 10% drop in quarterly profit on Wednesday as a steep drop

Brazil’s Petrobras boosts production outlook in recovery from COVID-19 halts


Brazilian state-run oil company Petrobras said on Tuesday that 2020 production should exceed previously disclosed estimates, as the firm ramps

U.S. shale mergers accelerate, as Pioneer-Parsley deal joins roster


Consolidation in the U.S. shale industry is accelerating, ratcheting up pressure on oil and gas producers to gobble up smaller

The Commodities Feed: US stimulus hopes support the complex



Having rallied yesterday, on growing hopes for a US stimulus deal, oil has come under a bit of pressure once

U.S. crude stockpiles dip, gasoline builds amid weak fuel demand: EIA


U.S. crude oil and distillate inventories fell last week, while gasoline stocks rose in another weak showing for fuel demand,

Shale producer Pioneer Natural to buy rival Parsley for $4.5 billion in all-stock deal


Pioneer Natural Resources Co said on Tuesday it would buy smaller rival Parsley Energy Inc in a deal valued at

Oil prices slip as U.S. inventory build stokes fears of supply glut


Oil prices eased on Wednesday after a surprise build-up in U.S. crude stockpiles stoked concerns about a global supply glut

Russia’s Novak says premature to talk about OPEC+ plans beyond 2020


Russia’s energy minister said it was too early to discuss the future of global oil production curbs beyond December, less

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