Morgan Stanley on Tuesday raised its year-end Brent price forecast to $40 per barrel, citing a faster-than-expected balance in global oil demand and supply as countries ease coronavirus restrictions and major producers cut supply.

The future of rules governing the disposal of radioactive wastes in Montana, a majority of which come from North Dakota's oilfields, is hanging in the balance, a Sidney official says, and the citizenry's attention is urgently needed to ensure the state follows science, rather than superstition.

Producers were operating the fewest oil and natural gas drilling rigs on record in the United State at 339 on May 12, the lowest level in the Baker Hughes Company's rig count data series that dates back to 1987. The number of active rigs began sharply decreasing in mid-March as crude oil prices fell: rigs have fallen by 56% (433 rigs) since March 17.

London (Reuters) - Oil prices firmed on Wednesday on signs of improving demand and a drawdown in U.S. crude inventories, but worries over the economic fallout from the coronavirus pandemic and weak refining margins capped gains.

Check out this video created by the Western Region Economic Development to thank all of the great people that originally came to western North Dakota for the oil and gas opportunities and have given us the strong communities we have today. We greatly appreciate them!!

The Bakken Restart Task Force has been established to outline a plan moving forward to strengthen North Dakota's energy future.

A federal agency has sided with North Dakota and Montana in a dispute over a new Washington state law that places restrictions on shipments of oil by rail in an attempt to boost safety.

Communities reliant on the oil and gas industry say it may take years, not months, to bounce back from the coronavirus pandemic that's ravaging local economies.