Story by Nissa Darbonne|Oil and Gas Investor. OPEC members hope their 1.16-MMbbl/d cut will get Brent to more than $90, said Scott...
By: CNBC – BP is bracing itself for a shareholder revolt at its annual general meeting on Thursday — some of the...
Despite the 70% drop in the spot price of natural gas over the past year, industry leaders remain optimistic about the future....
By: CNBC – A surprise decision by several OPEC+ producers to voluntarily cut output earlier this month had pushed analyst oil price...
By: Reuters – Russian Deputy Prime Alexander Novak said on Thursday the OPEC+ group of leading oil producers saw no need for...
By Darren Barbee, The Oil and Gas Investor. | NGP-backed Elk Range Royalties has acquired certain Eagle Ford Basin mineral and royalty...
By: Reuters – Texas crude is set to assume a key role in the world’s most important benchmark – Brent – as...
A Hart Energy Story | Private equity firm NGP continues to partner with Wing Resources in pursuit of mineral and royalty deals...
By: Reuters – The European Union launched a scheme on Tuesday for European companies to place orders to jointly buy gas, with...
As the first quarter of the year comes to a close, US fuel manufacturers are anticipated to report increased earnings due to...
U.S. stocks finished higher on Tuesday, with the S&P 500 and the Dow Jones Industrial Average extending their winning streaks to six sessions, after Commerce Secretary Howard Lutnick said the Trump administration has negotiated its first trade deal with an unnamed country.
The Dow Jones Industrial Average rose 300.03 points, or nearly 0.8%, to finish at 40,527.62. The blue-chip index scored its longest winning streak since July 17, 2024, according to Dow Jones Market Data.
The S&P 500 was up 32.09 points, or 0.6%, to end at 5,560.83. The large-cap index has finished higher for six consecutive trading sessions, logging its largest six-day percentage gain since March 2022.
The Nasdaq Composite gained 95.18 points, or nearly 0.6%, ending at 17,461.32.
Oil prices fell about 2% to a two-week low on Tuesday on expectations OPEC+ will boost output even as U.S. President Donald Trump's on-again off-again trade tariffs could reduce global economic growth and demand for the fuel.
Brent crude futures fell by $1.61 to $64.25 per barrel, while U.S. West Texas Intermediate crude dropped by $1.63 to $60.42.
Trump's push to reshape world trade by imposing tariffs on imports into the U.S. has made it probable that the global economy will slip into recession this year, according to a majority of economists in a Reuters poll.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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