Oil prices surged up to $50 for the first time in two months, in the biggest monthly rise since April of 2016, before retreating to just under the mark shortly after. Here are some of the top oil and gas news from the month of July.
- U.S. oil exports have surged in the last year, which may only be the beginning of new era for the American energy industry. (via New York Times)
- Technology has allowed producers to extract more oil from sites that have traditionally been difficult to drill. (via BBC News)
- The world’s biggest oil and gas companies reported strong earnings in July, which an energy analyst says reassures investors that “the sector works at $50 per barrel”. (via Financial Times)
What other oil and gas stories caught your eye this month? Let us know in the comments below, or tweet us @aclaroinc.