THE ECONOMIST: Institutions and inclusiveness

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Although most people are not interested in the details of pure economic research, the discoveries can affect the daily lives of virtually everyone by...

US rig count down one as prices drop

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The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in...

DAILY OIL PRICE: October 18, 2024

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Crude Oil: 69.22   (-1.45). Nymex MTD AVG: 72.8195. Natural Gas: 2.258   (-0.089). Gasoline: 2.0020   (-0.0448). Spreads: November/December   (+0.53)   December/January   (+0.40). Plains WTI Posting:...

Chevron and Texas boost each other with move

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The Chevron Corp.’s move to Houston from California, where it had been based for 145 years, will be advantageous in many ways both to...

Service companies drive energy industry

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To a large extent, service companies make the oilfield go. There are more of them in the Permian Basin area phone book than you would...

DAILY OIL PRICE: October 17, 2024

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Crude Oil: 70.67   (+0.28). Nymex MTD AVG: 73.4547. Natural Gas: 2.347   (-0.020). Gasoline: 2.0468   (+0.0065). Spreads: November/December   (+0.58)   December/January   (+0.45). Plains WTI Posting:...

DAILY OIL PRICE: October 16, 2024

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Crude Oil: 70.39   (-0.19). Nymex MTD AVG: 73.6288. Natural Gas: 2.367   (-0.131). Gasoline: 2.0403   (+0.0026). Spreads: November/December   (+0.57)   December/January   (+0.39). Plains WTI Posting:...

DAILY OIL PRICE: October 15, 2024

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Crude Oil: 70.58   (-3.25). Nymex MTD AVG: 73.8447. Natural Gas: 2.498   (+0.004). Gasoline: 2.0377   (-0.0709). Spreads: November/December   (+0.57)   December/January   (+0.37). Plains WTI Posting:...

DAILY OIL PRICE: October 14, 2024

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Crude Oil: 73.83   (-1.73). Nymex MTD AVG: 74.0779. Natural Gas: 2.494   (-0.138). Gasoline: 2.1086   (-0.0430). Spreads: November/December   (+0.59)   December/January   (+0.43). Plains WTI Posting:...

ELAM: Stocks make new highs, oil recovers

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This column suggested $78 as a target for crude oil three weeks ago as the price rose above $69. This past week managed $78.47...