BLM.Gov – As part of efforts to meet the Biden-Harris administration’s goal of a carbon pollution-free power sector by 2035, as well...
By: BNN Bloomberg – TC Energy Corp. has shut down the Keystone Pipeline as it responds to an oil spill in a...
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From Yahoo.com. Climate change is a real and urgent problem. More than a century of carbon emissions is warming the planet and...
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By: Daily Times – Pak Ambassador to the United States Ambassador Masood Khan has said that $70 million in bilateral trade between...
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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...
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Oil declined Monday, with U.S. prices settling at their lowest in almost two weeks, retreating in tandem with equity markets amid growing concerns about the health of the economy and the outlook for demand, said Colin Cieszynski, portfolio manager and chief market strategist at SIA Wealth Management.
"Oil is currently a demand story and if there are any issues related to supply, it’s more likely oversupply," he told MarketWatch. It’s becoming clear that issues surrounding tariffs are "not going to be settled or resolved easily and could drag on for months."
Traders should start to hear more about the outlook for oil later this week and into next week, once the big producers start reporting on Friday, said Cieszynski.
West Texas Intermediate crude for June delivery lost 97 cents to settle at $62.05 a barrel, the lowest front-month contract finish since April 15, according to Dow Jones Market Data.
Stocks finished mostly higher Monday ahead of a busy week of economic data and an onslaught of corporate earnings, including results from four members of the so-called Magnificent 7. Investors look for signs of progress on the trade front and any signs of damage from tariffs.
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
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by Bloomberg, via RigZone.com | F.Kozok, S.Hacaoglu | Turkey plans to sign new energy deals with...
Natural gas remains the leading source of electricity generation in the United States, but...
President Donald Trump used his address at the United Nations General Assembly this week...
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by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
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