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March 26-28,2026

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Industry News
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28 2019-11

Oil rises as optimism about U.S.-China trade-war truce abounds

NEW YORK (Bloomberg) - Oil advanced, shedding earlier losses, amid growing optimism about prospects for a settlement in the long-running U.S.-China trade war. Futures rose 0.4% in New York o.........

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19 2019-11

Listen to more stories about Schlumberger at cippe2020!

In 1926, Conrad and Marcel Schlumberger built the company upon the first method to simultaneously detect metal ores underneath the earths surface and reveal features about the subsurface str.........

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15 2019-11

Oil rises on signs of U.S. supply drop, OPEC’s shale outlook

SINGAPORE (Bloomberg) - Oil rose for a second day after an industry report pointed to a drop in U.S. inventories, and as OPEC said it sees potential for a sharp slowdown in American shale ou.........

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12 2019-11

Aramco sees oil demand falling after 2040, per IPO prospectus

DUBAI (Bloomberg) - Global oil demand may peak within the next 20 years, according to an assessment included in the prospectus for Saudi Aramcos initial public offering, suggesting views are.........

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06 2019-11

Oil climbs to six-week high on signs of trade war resolution

NEW YORK (Bloomberg) - Oil rose to a six-week high on mounting signs that a resolution to the U.S.-China trade dispute is imminent. Futures advanced as much as 1.8% on Monday in New York. Ch.........

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29 2019-10

Oil declines on new signs of expanding U.S. crude stockpiles

NEW YORK (Bloomberg) - Oil fell for the first time in a week amid renewed signs of swelling crude inventories in the worlds biggest economy. Futures dropped as much as 1.3% in New York on Mo.........

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28 2019-10

Oil posts biggest weekly gain in five weeks on trade optimism

CALGARY (Bloomberg) - Oil posted the biggest weekly gain in more than a month as supplies tightened and the White House signaled progress on U.S.-China trade talks. Futures in New York rose .........

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17 2019-10

U.S. Gulf of Mexico crude oil production to continue to set records through 2020

WASHINGTON - U.S. crude oil production in the U.S. Federal Gulf of Mexico (GOM) averaged 1.8 MMbpd in 2018, setting a new annual record. The U.S. Energy Information Administration (EIA) expe.........

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15 2019-10

Oil short-selling more than doubles despite Mideast risks

CALGARY (Bloomberg) - Oil short-selling has more than doubled in three weeks, with attacks on oil facilities and tankers unable to push prices higher for very long. Hedge fund bets on a West.........

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12 2019-10

Oil jumps above $60 as Iran tanker attack reignites Mideast risk

SINGAPORE (Bloomberg) - Oil jumped back above $60/bbl after reports of a missile strike on an Iranian tanker near the Saudi Arabian port city of Jeddah reignited fears over military escalati.........

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09 2019-10

Jersey Oil and Gas details Buchan’s "significant" resources

ST. HELIER -- Jersey Oil and Gas PLC has revealed the findings of a new independent evaluation of its recently acquired Greater Buchan Area project in the North Sea. The AIM-quoted explorer .........

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30 2019-09

Pemex faces oil trading team exodus amid pricing review

MEXICO CITY (Bloomberg) Pemexs head of crude oil trading Victor Briones and two other executives left the company amid a conflict over an external review of the nations crude price formulas,.........

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29 2019-09

Pemex faces oil trading team exodus amid pricing review

MEXICO CITY (Bloomberg) Pemexs head of crude oil trading Victor Briones and two other executives left the company amid a conflict over an external review of the nations crude price formulas,.........

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26 2019-09

Oil holds declines after U.S. crude stocks rise for second week

NEW YORK (Bloomberg) - Oil held declines after the U.S. government reported a build in nationwide crude inventories for the second consecutive week. The Energy Information Administration sai.........

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24 2019-09

Oil stabilizes amid mixed reports over pace of Saudi recovery

NEW YORK (Bloomberg) - Oil stabilized as traders weighed conflicting reports on how quickly Saudi Arabia will be able to restore its lost production. Brent crude was little changed, after fa.........

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