By Michael Kern for Oilprice.com | TotalEnergies, along with its partners QatarEnergy and the national oil company of the Republic of the Congo,...
By Andrew Kelly | Energy Intelligence | The US Gulf of Mexico holds a prominent place in the global upstream portfolios of...
Story by Kevin Hendricks, nm.news |New Mexico’s State Land Office shattered revenue records for the second consecutive month, earning $256 million in...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing backlog of requests from small oil refiners seeking...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a potential peace deal between Russia and Ukraine, with...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are stepping up their imports of U.S. liquefied natural...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning, marking one of the most significant upstream transactions...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace talks affects oil price volatility Trump says the...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more than quadrupling from the previous year despite a...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West Texas Intermediate (WTI) average spot crude oil price...
U.S. stock-market futures were flat Monday while gold and silver futures hit new all-time highs, amid uncertainty around the Fed’s independence and the Trump administration’s tariffs, as well as rising optimism about potential interest-rate cuts.
The continuous contract for gold futures on the New York Mercantile Exchange rose to a record high of $3,552.40 an ounce on Monday. Gold was most recently trading up 0.9%, around $3,547. The precious metal has seen its price soar about 34% year to date. The continuous contract for silver also surged 2% to a new high Monday, at $41.760. Silver was most recently trading at $41.580, up about 42% this year.
After initially rising about 40 points, Dow Jones Industrial Average futures were last down 40 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures also gave up early gains and were down slightly. Bitcoin sank to near the $108,000 level, while crude oil, as reflected by West Texas Intermediate front-month prices , gained nearly 1%. The ICE U.S. Dollar Index , which measures the greenback against a basket of six foreign rivals, edged lower.
Gold and silver are seen as safe-haven assets, and their appeal has gained amid fears that the U.S. Federal Reserve may lose its independence, weakening the dollar. President Donald Trump has, for months, pressured Fed Chair Jerome Powell to slash interest rates, and his recent attempt to fire Fed governor Lisa Cook is seen by many as an attempt to impose control over the central bank.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
Story by Kevin Hendricks, nm.news |New Mexico’s State Land Office shattered revenue records for...
Harvest Midstream, the Houston-based energy company owned by Hilcorp Energy founder Jeff Hildebrand, has...
By Andrew Kelly | Energy Intelligence | The US Gulf of Mexico holds a...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
By Michael Kern for Oilprice.com | TotalEnergies, along with its partners QatarEnergy and the national...
By Felicity Bradstock for Oilprice.com | Following the massive growth in global renewable energy...
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