By: Reuters – President Vladimir Putin said Russia would see higher oil and gas revenues by the end of the second quarter...
By: Quartz – In 2022, the US government helped fight inflation with a smart oil trade: Selling from the Strategic Petroleum Reserve...
Bloomberg) — Europe’s natural gas market is showing signs of lingering concern over next winter’s fuel supplies, even as immediate frictions ease....
By: Reuters – Exxon Mobil (XOM.N) is poking around in the wrong area. Buying Pioneer Natural Resources (PXD.N) would cost a chunky $64 billion. The implied...
Story by James Osborne, Houston Chronicle. WASHINGTON – U.S. grid operators are raising alarms the power grid is becoming less reliable and...
In the wake of a 4.0 magnitude earthquake, along with several smaller tremors in Lincoln County, Oklahoma, the Oklahoma Corporation Commission (OCC)...
By: Reuters – EnCap Investments is exploring the sale of two Permian basin-focused oil and gas producers that could collectively fetch the...
The latest oil and gas rig count provided by Baker Hughes Co. offers yet another indication of a slowing economy as numbers...
By: Texas Tribune – The Texas Senate on Wednesday approved two major bills aimed at building more on-demand power generators such as...
The Mexican government has agreed to purchase 13 power plants from Spanish energy giant Iberdrola in a deal worth $6 billion. President...
Oil futures finished higher Thursday, a day after the U.S. benchmark saw its lowest settlement of the new year, as traders continued to weigh the possibility that President Donald Trump will implement tariffs on Canada and Mexico, which are among the biggest sources for U.S. oil imports.
Traders also looked ahead to an upcoming meeting of ministers from OPEC+ - made up of the Organization of the Petroleum Exporting Countries and its allies - and their possible response to President Trump's recent call for increased production.
🟢 West Texas Intermediate crude CL00 for March delivery CL.1 CLH25 edged up by 11 cents, or nearly 0.2%, at $72.73 a barrel on the New York Mercantile Exchange. The front-month WTI contract ended Wednesday at its lowest since Dec. 31.
🟢 March Brent crude BRNH25, the global benchmark, rose 29 cents, or 0.4%, at $76.87 a barrel on ICE Futures Europe. The more actively traded April contract BRN00 BRNJ25 settled at $75.89 a barrel, up 28 cents, or 0.4%.
🟢 February gasoline RBG25 tacked on nearly 0.1% to $2.04 a gallon, while February heating oil HOG25 added 0.9% to $2.48 a gallon.
🔴 Natural gas for March delivery NGH25 settled at $3.05 per million British thermal units, down 3.9%, after gaining 1.5% Wednesday.
U.S. stocks closed higher Thursday despite a brief late-session pullback, as investors waited for President Trump to potentially deliver an announcement on the tariff front.
The Dow Jones Industrial Average added 168.61 points, or 0.4%, to end at 44,882.13, or 0.3% away from its record close on Dec. 4, according to Dow Jones Market Data.
The S&P 500 index gained 31.68 points, or 0.5%, closing at 6,071.17, and the Nasdaq Composite added 49.43 points, or 0.3%, finishing at 19,681.75.
Shares of megacap tech companies were still mixed for the week after a sharp rout on Monday that hammered Nvidia Corp.
Focus also was on more tech earnings on deck after the bell, with investors taking in stride the Federal Reserve's latest message of being in no rush to cut interest rates further.
The Nasdaq briefly turned negative heading into the closing bell, as investors reacted to comments from Trump about him potentially making a decision soon to apply harsh tariffs on Canada and Mexico on Feb. 1.
Brazil’s Petrobras saw its proven oil and gas reserves increase by 500 million barrels last year, from 10.9 billion barrels to 11.4 billion barrels, the company said this week as quoted by Reuters.
As much as 85% of this total was in the form of crude oil and condensates with the remainder natural gas, Petrobras also said. The company also added 1.3 billion barrels of oil equivalent to its total reserves, while production came in at 900 million barrels of oil equivalent.
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
The temporary closure of the Chief Drive In Theatre in Ninnekah has sparked local...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
The International Energy Agency (IEA) has issued a stark warning that the world’s oil...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
by Bloomberg, via RigZone.com | F.Kozok, S.Hacaoglu | Turkey plans to sign new energy deals with...
President Donald Trump used his address at the United Nations General Assembly this week...
Natural gas remains the leading source of electricity generation in the United States, but...
Managed money speculators hit record bearish positions on WTI even as the IEA forecasts...
West Texas holds a treasure trove of natural gas that could become a critical...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
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