A spokesperson with the company confirmed the news, saying the assets include around 137 operated wells and 676 non-operated ...
An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).
Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...
The price of oil has hit a six-week high amid fears over the escalating conflict in the Middle East. The market value of the benchmark Brent crude increased to almost $80 (£61) a barrel on Monday ...
That’s when Burgum became subject to more stringent federal requirements; his disclosure report revealed that he receives up to $51,000 annually in mineral royalties combined from Continental ...
including the Bakken and the Permian. It also has a massive fleet of trucks that reach areas where pipelines are lacking. On top of that, it has a network of crude oil terminals that allow the ...
NEW YORK, Oct 4 (Reuters) - Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were ...
What is the price of crude oil today? WTI futures traded at $73.94 per barrel, as of 9 a.m. ET. Year to date, WTI prices are up by 0.68%. Brent futures traded at $78.04/bbl, an increase of 3.49% ...
Israel vowed to retaliate. Photo: Amir Cohen/Reuters A rise in oil prices intensified Thursday after President Biden suggested that U.S. officials are considering whether to support an Israeli ...
The Middle East is in chaos, and the oil market is remarkably calm about it. Oil prices have climbed, but not dramatically so, even as the world braces for an all-out war in the most critical ...