By Irina Slav for Oilprice.com | Oil prices have been on the mend this week after taking a dive following President Trump’s...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom, North Dakota, resulting in the release of approximately...
A long-overlooked shale play in South Texas might finally be showing signs of promise, thanks to a surprising result from Formentera Partners...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports fell to below $70 per barrel this month,...
Over the past two decades, the U.S. shale revolution has dramatically transformed the global energy landscape. Advancements in hydraulic fracturing and horizontal...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels of...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans to increase the use of a technique that...
In the wake of President Donald Trump’s re-election in November 2024, his administration swiftly implemented a series of aggressive tariff measures aimed...
by Andreas Exarheas|RigZone.com| In a market update sent to Rigzone by the Rystad Energy team late Monday, Rystad warned that, in the...
by Andreas Exarheas|RigZone.com|Where next for oil prices? That’s the question Stratas Advisors looked at in a Stratas report sent to Rigzone by the...
The S&P 500 soared to a closing high for 2023 on Friday, extending November’s rally into the new month.
The broad market index rose by 0.59%, ending the session at 4,594.63. The tech-heavy Nasdaq Composite advanced 0.55% to 14,305.03. The Dow Jones Industrial Average added 294.61 points, or 0.82%, to close at 36,245.50.
The Dow rose to another new high on Friday, bringing its 2023 gain to nearly 9.4%, after it notched a new 2023 high and capped off its best month in more than a year.
The S&P 500 closed at its highest level since March 2022.
Sandra Day O’Connor, the first woman on the United States Supreme Court, a rancher’s daughter who wielded great power over American law from her seat at the center of the court’s ideological spectrum, died on Friday in Phoenix. She was 93.
The Supreme Court announced her death in a statement, saying the cause was complications of dementia. She grew up in Arizona and lived there most of her life.
The energy sector is off to a broadly lower start, pressured by mild weakness in the underlying commodities and the major equity futures. U.S. stock index futures were largely subdued as investors were on edge in the run up to Federal Reserve Chair Jerome Powell's comments which are expected to hold clues on the interest rate path.
WTI and Brent crude oil futures steadied with the market seemingly unconvinced that the latest round of production cuts by the OPEC+ coalition will be able to lift prices out of their recent slump. Yesterday OPEC+ producers agreed to remove around 2.2 million bpd of oil from the global market in the first quarter of next year, which included a rolling over of Saudi Arabia and Russia's current 1.3 million bpd of voluntary cuts. The market received the news with skepticism and confusion, driven by concerns about compliance given the voluntary nature of the reductions, as well as investors' prior expectations of deeper cuts.
Natural gas futures are down in early trading as the NOAA's 6-10 day outlook shows above-normal temps over most of the US from OH, TN and the Lower MS Valleys westward to the Pacific Coast, especially across the northern and central Great Plains.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
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