Oil & Gas

Fracking Efficiency Device from Statoil to Come Next Year

Statoil, Norway’s national oil company, has created and is testing a device which captures gases released and burned...

Oil Falls as Investors Await Fed Announcement

As investors wait for an announcement from this week's Federal Reserve meeting, oil fell today, reversing gains made...

U.S. Oil and Natural Gas Marching to its Own Beat

The Energy Information Administration (EIA) announced Monday that U.S. production of oil and natural gas should continue at...

IEA Boosts 2014 Global Oil Demand Forecast on U.S. Recovery

Global oil demand in 2014 will top previous forecasts, with U.S. consumption rebounding to its strongest level in...

OPEC Oil Targets Will Cut Excess Supply in 2014

OPEC announced it is trimming its crude oil output towards next year’s global requirements.

Oil Declines on Iran Deal

Not everyone was happy to see Iran sign the nuclear non-growth treaty placed in front of it yesterday....

Back in the Driver’s Seat: U.S. Set to Displace Russia as Top Oil Producer

Already the world’s largest natural gas producer, the United States has becoming the world’s largest oil producer locked...

Oil, Metals Slide on Budget Standoff as Stocks Fluctuate

Commodities investors are feeling pain. Oil and metals slid as the dollar rose amid concern the U.S. budget...

High U.S. Energy Output Reshapes Markets

A Wall Street Journal analysis shows the United States is on track to become the world's largest producer...

Oil Falls on Iranian President’s Comments

Comments given by Iranian President Hassan Rouhani hinting at thawing international relations led oil to fall today.