EIA: US crude inventories fall 4.1 million bbl

US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, dropped 4.1 million bbl during the week ended June 24 compared with the previous week’s average, according to the US Energy Information Administration’s latest Petroleum Status Report. Source: News

SEC disclosure rule seen hurting US firms

New requirements for project-level disclosure of financial payments to governments put US oil and gas companies working abroad at a competitive disadvantage, an industry representative warned. Source: News

SEC disclosure rule seen hurting US firms

New requirements for project-level disclosure of financial payments to governments put US oil and gas companies working abroad at a competitive disadvantage, an industry representative warned. Source: News

Energy Transfer declares Williams deal dead

Energy Transfer Equity LP (ETE), Dallas, declared the death of its merger agreement with Williams Cos. Inc., Tulsa, after Williams shareholders approved the deal. Source: News

Energy Transfer declares Williams deal dead

Energy Transfer Equity LP (ETE), Dallas, declared the death of its merger agreement with Williams Cos. Inc., Tulsa, after Williams shareholders approved the deal. Source: News

MARKET WATCH: NYMEX crude oil prices regain more than $1.50/bbl

The light, sweet oil prices for August and September delivery each climbed more than $1.50/bbl on June 28 as traders and analysts switched their focus to world crude oil supplies after having fretted for the previous three sessions about the aftermath of the UK’s vote to leave the European Union. Source: News