U.S. oil and natural gas rigs fell this week but edged up in October in the first monthly increase since July as...
By: Reuters – Russia’s defense ministry said on Saturday that British navy personnel blew up the Nord Stream gas pipelines last month,...
By: CNBC – European gas prices may have dropped to levels not seen in more than four months, but this is far...
Story by Bruce Kamich, TheStreet.com ~Every couple of minutes we are reminded of the price of crude oil (and the yield on...
By: Reuters – Oil rose on Thursday, extending a rally of nearly 3% in the previous session, as optimism over record U.S....
By: Business Insider – Aides to President Joe Biden were enraged when Saudi Arabia’s Crown Prince Mohammed bin Salman abandoned a secret...
From Business Insider: The US housing market isn’t just slowing down, it’s in the early stages of a major correction. With mortgage...
By: The New York Times – The war in Ukraine is raging, Russian natural gas exports to Europe are dwindling and the...
Relations between the U.S. and Saudi Arabia may have plunged to a new low after the kingdom cut oil production in defiance...
By: Reuters – Saad al-Kaabi, the head of Qatar’s state-run energy company, said on Monday all oil and gas trade should be...
The energy sector is off to a broadly higher start, supported by strength in the crude complex and in the major equity futures. U.S. stock index futures extended gains after data showed a closely watched measure of inflation cooled in May, offering fresh evidence of easing price pressures due to the Federal Reserve's aggressive interest rate hikes. A Commerce Department report showed the personal consumption expenditures price index rose 3.8% in May, on an annual basis from 4.3% last month.
WTI and Brent crude oil futures are trading higher but remain on course for a fourth consecutive quarter of losses amid concerns over sluggish global economic activity and fuel demand. Inflationary pressure and rising interest rates in key economies and a slower-than-expected recovery in Chinese manufacturing and consumption have weighed on markets in recent months. However, signs of strengthening U.S. economic activity and sharp declines in U.S. oil inventories last week offered support.
Natural gas futures are trading lower as the NOAA's 6-10 day outlook shows a cooler trend across parts of the east-central US, with below-normal temps reaching into the Southeast and Central Gulf Coast regions, as well as the Northern and Central Rockies and Plains.
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...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
(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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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