By Nate Raymond, (Reuters) – A federal judge in Louisiana has rejected a bid by three Republican-led states to block a rule...
Continental Resources has entered a joint venture with Türkiye Petroleum and TransAtlantic Petroleum to explore and develop unconventional oil and gas resources...
by Bloomberg| Nathan Risser | The trade in fossil fuels across borders peaked in 2017 and is set to decline as nations seeking energy security...
The recent U.S. decision to impose a 25% tariff on steel and aluminum imports is set to significantly impact the oilfield services...
By Bloomberg |Alex Longley, Jack Wittels| The manager of an oil tanker on fire near the UK said the vessel spilled jet...
As construction, labor, and borrowing costs continue to climb, several U.S. liquefied natural gas (LNG) producers are looking to renegotiate higher prices...
By Alex Kimani for Oilprice.com | Three years ago, Europe suffered one of its biggest energy crises in modern history following Russia’s...
LITTLETON, Colorado, (Reuters) – Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of...
JON GAMBRELL Associated Press | DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco reported a $106.25 billion profit in 2024...
The Osage Minerals Council has taken a firm stand against the Department of Government Efficiency’s (DOGE) proposal to terminate the lease for...
China began imposing tariffs on US agricultural products yesterday. The move to slap an import tax on US farm products, whose largest overseas market is China, comes after President Trump raised tariffs on Chinese imports to the US twice. Meanwhile, Ontario planned a 25% surcharge on US-bound electricity in retaliation for US tariffs on Canada, most of which have been delayed but remain a possibility. The extra fees will hit 1.5 million American homes in New York, Michigan, and Minnesota, according to the BBC.
U.S. stocks ended sharply lower on Monday as investors reacted to recession fears and tariff concerns.
President Donald Trump refused to rule out the possibility of a recession in a television interview on Sunday, while Chinese tariffs on U.S. agricultural goods took effect on Monday in response to U.S. tariffs on Chinese imports that were imposed last week.
The Dow Jones Industrial Average lost 890.01 points, or 2.1%, to end at 41,911.71, its lowest closing level since Nov. 4, according to preliminary closing data from FactSet. It logged its largest one-day point and percentage declines since Dec. 18.
The S&P 500 fell 155.64 points, or 2.7%, to close at 5,614.56, its lowest closing value since Sept. 12. It recorded its largest one-day point and percentage declines since Dec. 18.
The Nasdaq Composite declined 727.90 points, or 4%, to close at 17,468.32, its lowest closing level since Sept. 11. The tech-heavy index posted its largest one-day point decline since March 16, 2020, and its largest one-day percentage decline since Sept. 13, 2022.
The gloom was worsening on Wall Street ahead of the opening bell, with U.S. stock-index futures slipping to session lows and pointing to a sharply lower open Monday morning.
Remarks by President Donald Trump in a television interview Sunday, in which he refused to rule out the possibility of a recession, were getting the blame for the weakness in equities. They served to amplify fears surrounding the whiplash of Trump's tariff policies, which have seen the U.S. impose heavy tariffs on trading partners and then withdraw or modify a chunk of them while pledging more tariff action in the future.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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