By: Reuters – A U.S. government auction of oil and gas drilling rights in the Gulf of Mexico generated $263.8 million in...
By: KFOR – The Oklahoma Corporation Commission (OCC) held a meeting Tuesday morning in which one Commissioner claims there are “significant and...
By Jerry Bohen, OK Energy Today. Three years after Sunoco, Inc. was ordered to pay nearly $156 million for the oil it...
By: The Nevada Independent – Breaking with his Democratic predecessor and drawing criticism from environmental groups, Republican Gov. Joe Lombardo released an...
[Reuters] Iraq’s oil output and capacity may peak following growth of around 25% over the next five years, analysts said, falling short...
From Insider Monkey. In this article, we take a look at the 15 largest oil fields in the world and the size...
WASHINGTON, (Reuters) – It could take years for the United States to refill the Strategic Petroleum Reserve, the energy secretary told lawmakers...
By: CNBC – Nevada’s largest electricity provider has been approved for a $333 million project to develop a natural gas plant north...
By Jerry Bohen, OK Energy Today. The Arkoma Woodford Basin in eastern Oklahoma continues to yield successful wells for Tulsa energy company...
(Reuters) – As U.S. refiners rejigger operations to reflect declining domestic motor fuels demand in the next decade, they will seek to...
U.S. stocks finished lower on Wednesday after the Federal Reserve decided to leave interest rates unchanged, but Chair Jerome Powell said no decision has been made yet on whether policymakers are ready to cut interest rates in September.
The Dow Jones Industrial Average lost 171.71 points, or nearly 0.4%, to end at 44,461.28, according to preliminary data from FactSet. The blue-chip index has fallen for three consecutive trading days.
The S&P 500 was off 7.96 points, or 0.1%, at 6,362.90.
The Nasdaq Composite rose 31.38 points, or 0.2%, ending at 21,129.67.
The U.S. central bank on Wednesday left rates unchanged for a fifth straight meeting, keeping them in a range of 4.25-4.5%. But Powell, in his post-meeting press conference, mentioned risk of persistent inflation as a result of President Donald Trump's tariff plans. He also said the Fed is prepared to maintain a wait-and-see stance when it comes to delivering rate cuts.
As a result, the odds of a September rate cut moved down substantially after the press conference. Fed-funds futures traders saw a 45% chance of a September cut, down from around 63% earlier in the day, according to the CME FedWatch Tool.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose this week, adding 1.539 million barrels in the week ending July 25. This is a stark contrast to the expected 2.5 million barrel draw that analysts had expected.
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...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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