Crude Oil News and Headlines
- California oil spill legal fight likely to take years to resolve 10/20/2021It took little more than 48 hours from the moment a major oil spill was discovered off Southern California until the ...
- Oil reaches seven-year high after surprise drop in U.S. supplies 10/20/2021Futures in New York rose 1.3% to a fresh seven-year high, after earlier falling as much as 1.2% on Wednesday. Domestic crude inventories fell 431,000 barrels last week, according to an Energy ...
- Asian stocks mixed after Wall Street rises for 5th day 10/20/2021AP Asian stock markets were mixed Wednesday after Wall Street rose for a fifth day on strong corporate earnings. Shanghai and Seoul, South Korea, fell while Tokyo and Hong Kong advanced. Wall Street's ...
- Groups want US to suspend oil leases off California coast 10/20/2021A group of environmental organizations demanded Wednesday that the Biden administration suspend and cancel oil and gas leases in federal waters off the California coast after a recent crude oil spill.
- New Stratus Energy eyes Repsol’s Ecuador blocks 10/20/2021Canadian independent New Stratus Energy is looking to acquire Spanish Repsol's 35pc operating stakes in two heavy oil blocks in Ecuador, but with a proposed change in contract terms. New Stratus ...
- Green Bay City Council votes against resolution opposing Enbridge pipeline project 10/20/2021GREEN BAY - Following a presentation by Green Bay's Sustainability Committee declaring its commitment to an action plan of 100% clean energy by 2050 in Green Bay, all but one council member rejected a ...
- Oil prices hit seven-year high on surprise drop in U.S. stockpiles 10/20/2021Oil hit a fresh high after a U.S. government report showed an unexpected drop in crude stockpiles, allaying concerns that higher prices would blunt demand.
- NYMEX West Texas Intermediate Spikes to 7-Year High After Bullish EIA Data 10/20/2021Nearby-delivery-month oil futures on the New York Mercantile Exchange and Brent crude traded on the Intercontinental Exchange rallied in market-on-close trade Wednesday, with the front-month West ...
- Baker Hughes profit misses estimates amid supply chain woes 10/20/2021Oilfield firm Baker Hughes Co reported quarterly profit that fell short of analyst expectations on Wednesday, in part due to global supply chain issues, sending its shares down sharply in early ...
- Heritage-Crystal Clean, Inc. Announces Record Third Quarter 2021 Financial Results - Form 8-K 10/20/2021Heritage-Crystal Clean, Inc. Announces Record Third Quarter 2021 Financial Results Third Quarter Highlights Include: •Net income was $18.5 million; up significantly compared to net income of $4.0 ...
- Oil-Rich Guyana Is Looking To Build A New Energy Economy 10/20/2021Guyana has drawn attention from supermajors across the globe, and it is now hoping to capitalize on its huge oil and gas resources to develop its economy ...
- Closing prices for crude oil, gold and other commodities 10/20/2021Benchmark U.S. crude oil for November delivery rose 91 cents to $83.87 a barrel Wednesday. Brent crude oil for December delivery rose 74 cents to $85.82 a barrel. Wholesale gasoline for November ...