Laila Kearney

U.S. oil-export projects stall as output slips, opposition builds

08 Oct 2020

NEW YORK The coronavirus pandemic has stalled a once-furious race among energy companies to build deepwater oil export terminals off the Texas coast, amid permitting delays and rising environmental opposition.

Oil ends up on supply issues, nixed U.S. stimulus talks a bearish sign

07 Oct 2020

NEW YORK Oil prices rose more than 2% on Tuesday, supported by expected supply disruptions from a hurricane approaching the Gulf of Mexico and an oil worker strike in Norway.

Oil up 1% on economic hope; virus fears check price gains

29 Sep 2020

NEW YORK Oil prices rose 1% on Monday as global equities rallied on hopes for another U.S. stimulus package, but rising virus cases fed concerns about fuel demand and kept oil futures from moving higher.

Oil falls on mounting COVID-19 cases, supply concerns

26 Sep 2020

NEW YORK Oil edged lower on Friday, falling more than 2% on the week as COVID-19 cases surged globally and oil supply is set to rise in coming weeks.

Oil up more than 4% as U.S. stockpiles fall, hurricane hits output

17 Sep 2020

NEW YORK Oil prices jumped more than 4% on Wednesday, following a drawdown in U.S. crude and gasoline inventories and as Hurricane Sally forced a swath of U.S. offshore production to shut.

North Dakota oil output rose about 20% in July

16 Sep 2020

Sept 15 North Dakota oil production jumped to more than 1 million barrels a day in July for the first time in two months but remained below its peak as the coronavirus pandemic continued to hamper output in the state's Bakken shale field, a state official said on Tuesday.

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