PXE News and Press, Invesco Dynamic Energy Exploration &Production From 11/12/19

Iraq's Oil Ministry confirmed recently that the country exported more than 106 million barrels of crude oil in October, with revenues having surpassed six billion USD. The results by IHS Markit Commodities at Sea for October shipments from Iraq suggest a very similar story, with total volume...

Crude prices gained over the week despite the huge weekly build in US inventories as reported by the Energy Information Administration ((EIA)). Stockpiles rose by 7.9 million barrels, taking the cumulative increase to 30 million barrels over the last seven weeks. Brent crude rose to $62.51 per...

By OVI Below are a number of Non-OPEC charts created from data provided by the EIA's International Energy Statistics. The charts and table below are primarily for the world's largest Non-OPEC producers and are updated to July 2019, except for the U.S., which is updated to August 2019. ...

Encana Corporation ( ECA ) explores, develops, produces, and markets natural gas, oil, and natural gas liquids in Canada. The company also owns interests in assets in the Eagle Ford and Permian Basin in Texas. ECA has been around since the early 1970s, with its headquarters in Calgary, Canada....

Following an oil spill which affected more than 200 beaches across the country, state-run oil company, Petrobras (PBR), has been hit with another potential issue, general strike action. The strike action is over the company's proposed annual wage hikes, which stand lower than the expected annu...

Latin America has become an increasingly important source of medium and heavy crude oil to feed America's west coast refineries. Ecuador's location on the northwestern coast of South America has made it especially important for these facilities even if volumes emanating from the country have...

By Bryce Bingham Oil production in the US has seen an explosion of growth over the last decade, which resulted in the US becoming the world's leading producer of oil last year. From 2010 to 2018, annual US crude production more than doubled, increasing from 5.5 million barrels per day (MMB...

Desperate for cash, shale companies are banking their capital-raising hopes on a new type of financial instrument that resembles mortgage bonds. More news on: Schlumberger Limited, Pioneer Natural Resources Company, Halliburton Company, Energy stocks news, News on ETFs Read more ...

One of the worst-performing sectors of the stock market has been energy-related companies. Part of the problem has been the weakness in oil and gas prices. In 2018, crude oil traded to a high at $76.90 per barrel on the nearby NYMEX futures contract. In 2019, the high has been at $66.60 in lat...

Oil prices surged Monday after attacks on Saudi Arabia’s Abqaiq processing plant and Khurais oil field Saturday suspended more than half the country’s oil production. While the ultimate impact will depend on a combination of the extent of damage, the U.S. and Saudi response, and ...