Story By By Philip van Doorn. | Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into...
By: Reuters – U.S. oil major Exxon Mobil Corp (XOM.N) is suing the European Union in a bid to force it to scrap...
Story by Jerry Bohnen| OK Energy Today. Oklahoma’s STACK play proved to be another source of success for Devon Energy as the...
Associated Press. Families hoping to catch a Southwest Airlines flight after days of cancellations, missing luggage, and missed family connections suffered through...
Story by Ines Ferré. From Yahoo Finance. Crude oil prices were on a roller coaster ride in 2022, going north of $130/barrel...
By: Reuters – The total volume of natural gas Turkey has discovered in the Black Sea now amounts to 710 billion cubic...
By: Midland Reporter-Telegram – There are many moving parts in putting together an oilfield deal. A new part added in recent years...
(Bloomberg) — Russia may reduce its oil output by 500,000-700,000 barrels a day in early 2023 in response to the Group of...
By: AP – Japan adopted a plan on Thursday to extend the lifespan of nuclear reactors, replace the old, and even build...
Scott DiSavino and Nia Williams – (Reuters) U.S. and Canadian natural gas production is expected to hit new records in 2023, but...
Stocks closed sharply lower on Thursday as President Donald Trump's latest tariffs rocked Wall Street, with the S&P 500 posting its worst daily drop since mid-2020, according to Dow Jones Market Data.
Bond yields sank as investors flocked to haven government debt, fueled by growing worries that the U.S. economy could falter amid the uncertain backdrop for global trade.
According to FactSet data, the Dow Jones Industrial Average shed 1,679.39 points, or 4%, to end at 40,545.93.
According to Dow Jones Market Data, the S&P 500 skidded 274.45 points, or 4.8%, to 5,396.52, logging its biggest daily drop since June 11, 2020.
The Nasdaq Composite Index shed 1,050.44 points, or 6%, to 16,550.61, its biggest daily drop since March 16, 2020.
Oil prices dropped 6% on Thursday after OPEC+ accelerated its plan to increase oil output in May, compounding losses from US President Trump’s new tariffs, with Brent futures falling by $4.51 to $70.44. In today’s OPEC+ ministers’ meeting, countries decided to raise output by… pic.twitter.com/TRRrNnknEZ
— Zoom News (@zoomnewskrd) April 3, 2025
Another ominous factoid has arrived courtesy of Farzin Azarm, a managing director at Mizuho Americas.
Azarm pointed out in an email shared with MarketWatch that roughly 60 stocks in the S&P 500 were down 10% or more on Thursday. That's 12% of the entire index.
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...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(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...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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