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By: Reuters – The $60 price cap on seaborne Russian oil agreed upon by the Group of Seven nations and Australia is...
Derek Brower, Financial Times. Shale pioneer Harold Hamm has hit out at the U.S.’s oil deal with Venezuela, saying it marked a...
(Bloomberg) — The Biden administration is seeking to stop sales from the Strategic Petroleum Reserve (SPR) mandated by Congress so it can...
From OilPrice.com. The European Union has spent most of this year importing natural gas from any source available, including sanctioned Russia, after...
By: KFOR – Three former state legislators are calling on current lawmakers to investigate the Oklahoma Corporation Commission for what they’re saying...
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By: CNBC – A group of some of the world’s most powerful oil producers is highly likely to take further measures to...
By: Reuters – Italy plans to apply a 50% one-off windfall tax next year on surplus income of energy companies that have...
By: Salt Lake Tribune – No public land in Utah has been auctioned for oil and gas development since President Joe Biden...
(Reuters) Oil prices hit multi-week highs on Monday, buoyed by a weaker U.S. dollar. Investors awaited news from U.S.-China trade talks in London hoping that a deal could boost the global economic outlook and fuel demand.
U.S. stocks ended mostly higher on Monday as investors continued to wait for details about the trade talks between the U.S. and China that kicked off Monday in London. As of market close, no new information was available.
The Dow Jones Industrial Average closed flat on Monday, turning red minutes before the market close while still off session lows. “Investors were originally looking to book some profits after last week’s gains, but optimism continues to show through around the U.S.-China trade talk,” according to Jeff Schulze, head of economic and market strategy at ClearBridge Investments.
The Dow went down 1.11 points or 0.003% to end at 42,761.76, according to the Dow Jones Market Data.
The S&P 500 went up 5.52 points or 0.1% to finish at 6,005.88 for back-to-back gains;
The Nasdaq Composite rose 61.28 points or 0.31% to close at 19,591.24, logging back-to-back gains.
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By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
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HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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