Analysts Forecast Average Price of Brent Crude in 2019
Rigzone highlights different forecasts for Brent Crude in 2019.

The average price of Brent Crude will be between $70 and $80 per barrel in 2019, according to a new Rigzone poll on social media site Twitter.



Appalachia Group Awards Contract for $3.4B Ethane Storage Hub
Parsons will conduct the Pre-FEED and FEED phases of the proposed infrastructure development.

A proposed multibillion-dollar regional storage complex for natural gas liquids sourced from the Marcellus, Utica and Rogersville shale plays this week moved one step closer to reality this week.



Reuters Survey: OPEC August Oil Output Hits 2018 High Despite Iran Losses
OPEC oil output has risen this month to a 2018 high as Libyan oil rig flanges gulf coast production recovered and Iraq's southern exports hit a record, a Reuters survey found.



EIA: US Crude Production Rises To Record As Drilling Climbs In Texas
US crude oil oil rig flanges gulf coast production rose 2 percent to a record 10.674 million bpd in June, the US Energy Information Administration says.



Reuters

NEW YORK, Aug 31 (Reuters) - Oil prices slipped on Friday, pressured by renewed concerns that a global trade war could dent energy demand, although impending U.S.



Baker Hughes: US Drillers Add Oil Rigs For The First Time In Three Weeks
US energy companies added oil rigs for the first time in three weeks, energy services firm Baker Hughes reported.

Reuters



Edge Technologies Give Oil, Gas Operators Extra Computing Power
This oil and gas computing approach de-emphasizes the cloud.

As in other industries, is becoming more commonplace in the oil and gas sector.



Reuters

BEIJING, Aug 30 (Reuters) - Petrochina, China's largest oil and gas producer, is trying to reduce the impact of import tariffs on U.S.



Reuters

HOUSTON, Aug 30 (Reuters) - Par Pacific Holdings Inc shares jumped 17 percent on Thursday after the refiner said it would acquire assets from its rival in Hawaii and expand its fuels production.



WTI's Trajectory Clears $70
After surging to $70.50 a barrel, the October WTI futures contract settled at $70.25 for a 74-cent gain on the day.

The WTI crude oil futures contract for October settled above the $70 mark Thursday amid ongoing speculation tied to a Venezuelan-owned U.S.

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