BloombergPermian Basin Is Growing Into the Largest Oil Patch in the WorldBloombergThe Permian shale play is all about setting records. Now, the region will probably become the world's largest oil patch over the next decade. Output in the basin is forec …

BloombergPermian Basin Is Growing Into the Largest Oil Patch in the World ...BloombergThe Permian shale play is all about setting records. Now, the region will probably become the world's largest oil patch over the next decade.and more » Rea …

BloombergOil, Gasoline Slip After Larger-Than-Expected Inventory BuildsBloombergThe U.S. crude benchmark posted its first monthly decline since August. Crude output by the Organization of Petroleum Exporting Countries rose by 130,000 barrels a day in Febru …

BloombergOil, Gasoline Slip After Larger-Than-Expected Inventory Builds ...BloombergOil fell the most in more than two weeks after U.S. crude and gasoline inventories expanded more than expected. Crude and gasoline futures slid for a second day in New York …

This Oil Stock Is Scorching Hot Right Now (Is It Still a Buy or Will It Burn Investors?)Motley FoolShares of W&T Offshore (NYSE:WTI) have enjoyed an impressive run lately. The stock was up another 10.5% this week, which pushed its year-to-date rebound …

ReutersIs $70 The Ceiling For Oil Prices?OilPrice.comEIA: U.S. oil production to top 11 mb/d by end of 2019. The EIA sharply revised up its forecast for U.S. oil production this year and next, predicting average output of 10.3 mb/d in 2017 (up nearly 300,0 …

Rig Count Shoots Up As Oil Nears $70OilPrice.comThe number of active oil and gas rigs rose this week, according to Baker Hughes data, increasing by 15 total rigs, bringing the total rigs to 939, which is an addition of 280 rigs year over year. The number o …

BloombergLegendary Oil Tycoon T. Boone Pickens Shuts Main FundBloombergLegendary oil tycoon T. Boone Pickens is closing his hedge fund, saying trading in oil has lost its luster. Instead, the onetime Texas oil wildcatter wrote in a LinkedIn post that he wa …

Mongabay.comIndonesian parliament pushes for passage of palm oil legislation this yearMongabay.comJAKARTA — Lawmakers in Indonesia are adamant about passing new legislation on the palm oil industry this year, amid concerns from activists and even the execu …

BloombergOil Dips as Industry Data Shows Surprise US Gasoline BuildBloomberg“If you extend the production-cut agreement through the end of 2018, that surplus will basically erode away, which will be a good thing for oil prices in the long-term,” Rob Thumme …