Iron Oak Energy Solutions LLC, a prominent proppant supplier in North America, has announced its acquisition of High Roller Sand, a leading...
By Tsvetana Paraskova for Oilprice.com | As Saudi Arabia pushes ahead with its ambitious Vision 2030 plan to build substantial futuristic cities...
As it ages, the Permian Basin is producing more water, gas, and less oil and may be nearing peak output. By Shariq...
The oil and gas industry enters the second quarter of 2025 with cautious optimism. Production remains steady, particularly in the Permian Basin...
In 2024, Texas’s oil and natural gas industry achieved unprecedented production milestones, reinforcing the state’s leadership in the global energy sector. Surpassing...
By Mella McEwen,Oil Editor |Midland Telegram-Reporter| Buffeted by geopolitical risk, trade policies and other factors, energy companies in the Federal Reserve’s 11th District...
CNBC – President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and gas investors may not be on board with the...
Story by Andreas Exarheas |RigZone.com| In a Stratas Advisors report sent to Rigzone by the Stratas team late Monday, the company revealed that,...
Goldman Sachs says a drop in oil prices could significantly impact production growth outside the OPEC+ alliance, especially if Brent crude falls...
President Donald Trump on Monday announced a sharp new move aimed at Venezuela’s oil industry. Any country that continues to buy oil...
The death toll in Gaza passed a somber milestone on Thursday as the local health ministry reported that more than 30,000 people had been killed in the war since Oct. 7.
The number of deaths since Israel launched its military offensive against Hamas in Gaza had already surpassed the tolls of any previous Arab conflict with Israel when it rose above 20,000 in December. Many experts say the official toll is very likely an undercount, given the difficulty of accurately tallying deaths amid unrelenting fighting, communications disruptions, a collapsing medical system and people still believed to be under the rubble.
The Dow Jones Industrial Average® (DJI) lost ground a third consecutive day Wednesday, and other major equity benchmarks also sagged as investors marked time ahead of Thursday's Personal Consumption Expenditures Price Index (PCE), a closely followed inflation reading.
The PCE is the Fed's preferred inflation gauge, and the spotlight on Thursday's numbers is particularly bright after two other measures earlier this month, the Consumer Price Index (CPI) and Producer Price Index (PPI), both posted stronger-than-expected increases, stirring worries inflation may be perking up. PCE numbers, like CPI and PPI, are expected to show inflation accelerated slightly in January.
Here's where the major benchmarks ended:
Benchmark U.S. crude oil for April delivery fell 33 cents to $78.54 per barrel Wednesday. Brent crude for April delivery rose 3 cents to $83.68 per barrel.
Wholesale gasoline for March delivery fell 7 cents to $2.27 a gallon. March heating oil fell 9 cents to $2.66 a gallon.
April natural gas rose 8 cents to $1.89 per 1,000 cubic feet.
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 Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
Have your oil & gas questions answered by industry experts.