HOUSTON (Reuters) -Israel's surprise attack on Iran last week had oil prices spiking which sent U.S. producers scrambling to lock in the price gain, driving record hedging volumes that will help ...

Oil producers need a price of $65 a barrel on average to profitably drill, according to the first quarter 2025 Dallas Federal Reserve Survey. U.S. crude futures closed below $65 every day from ...

South Justis is currently producing 108 barrels of oil per day ("BOPD") from 19 actively producing wells which adds $1.2 million in net cash flow annually with minimal impact to the G&A costs of ...

Oil prices were on track to rise for the third straight week despite slipping on Friday, with investors on edge as the week-old war between Israel and Iran showed no signs of either side backing down.