Record Oil Production Doesn't Free US From Global MarketOilPrice.comIn the first week of July, U.S. net imports of petroleum products fell to just 1.670 million barrels per day (mb/d), the lowest weekly total on record in at least three decades. The de …

Tank overflow at well near Keene causes brine, oil spillSan Francisco ChronicleKEENE, N.D. (AP) — State officials are monitoring cleanup of a spill at an oil well in McKenzie County. Samson Oil and Gas USA, Inc. on Thursday reported the spill of about 41,0 …

Wall Street JournalOil, Utilities Fight to Fuel Vehicles of the FutureWall Street JournalNOVI, Mich.—The world's largest oil company has 30 engineers working away in this Detroit suburb on a project that sounds counterintuitive: an engine that burns le …

Housing Prices Soar As Oil Boom EscalatesOilPrice.comRising oil prices in West Texas have resulted in a sharp economic upswing that has led to higher employment, higher wages, increased spending at restaurants, hotels, car dealerships and higher cost of ho …

Wall Street JournalFill 'er Up, or Plug It In? Oil, Utilities Fight to Fuel Vehicles of the FutureWall Street JournalNOVI, Mich.—The world's largest oil company has 30 engineers working away in this Detroit suburb on a project that sounds counterin …

Economic TimesUS oil sellers may look to India as China tariff war escalatesEconomic TimesIf Beijing does impose tariffs on American oil, it could put downward pressure on the price of West Texas Intermediate crude, the US benchmark, and may weaken its spr …

ReutersChina issues second batch of 2018 crude oil import quotas: sourcesReutersSINGAPORE/BEIJING (Reuters) - China has issued a second batch of crude oil import quotas for independent refiners and some trading companies with a total volume of 11.91 millio …

Geo NewsLibya's oil output down to 315000 bpd as exports blocked: sourcesGeo NewsAfter recapturing the ports, Haftar's Libyan National Army (LNA) announced it would be handing them to a parallel National Oil Corporation (NOC) in the eastern city of …

ForbesReallocating Biofuels To Oil Refineries Compounds Bad US Energy PolicyForbesThe U.S. Environmental Protection Agency's decision to reallocate ethanol and biofuel blending obligations waived under its small refinery exemption program to other the …

ReutersRising oil prices put demand destruction back on the agenda: KempReutersBut crude and fuels are no longer particularly cheap and most traders and oil exporting nations expect prices to increase further over the next year. In real terms, oil prices a …