The Energy Information Administration expects the ...
The Energy Information Administration expects the Permian Basinto drive US-marketed natural gas production higher in the coming years, with projections indicating a 5% growth in 2023 and an additional 2% increase in 2024. In the Permian alone, associated gas production is forecast to rise by 11% in 2023 and 6% in 2024 as well productivity improves and strong oil prices boost drilling activity.
Trucks full of medicine, food, and other humanitarian supplies will reportedly be ...
Trucks full of medicine, food, and other humanitarian supplies will reportedly be allowed into Gaza at the Rafah border crossing today after President Biden secured a deal with Israeli Prime Minister Benjamin Netanyahu during his visit to the country earlier this week. But actually getting the aid to the people who need it faces a number of challenges, including the possibility that Hamas militants steal it. Humanitarian officials also say Israel has not yet guaranteed that aid workers will be safe from airstrikes. Biden gave a prime-time address from the Oval Office last night to make the case that Israel and Ukraine need aid ahead of asking Congress to approve $100 billion to help fund the countries’ war efforts, as well as Taiwan and the US border with Mexico. Meanwhile, a US warship in the Red Sea shot down missiles launched by Iran-backed Houthi militants in Yemen, who may have been aiming at Israel.
Historybook: Baseball great Mickey Mantle born (1931); ...
Historybook: Baseball great Mickey Mantle born (1931); Congress investigates "Reds" in Hollywood (1947); Tom Petty born (1950); Vice President Kamala Harris born (1964); President Herbert Hoover dies (1964); Libyan dictator Muammar Gaddafi killed (2011).
Peter Thiel, the billionaire Silicon Valley entrepreneur and Trump donor, is an FBI informant, Insider reported.
Taylor Swift’s bodyguard is one of thousands of IDF reservists flying to Israel to join the conflict against Hamas.
Nokia is cutting up to 14,000 jobs as part of a plan to lower costs after profits sank 69% year over year in the third quarter.
Super Mario Bros. Wonderhits the Nintendo Switch today in what could be one of the last hurrahs for the hand-held console before Nintendo releases the Switch 2.
Starbucks and the union representing its workers are suing each other over a pro-Palestine message the union posted on X two days after the Hamas terrorist attacks on Israel.
🔔 Before the opening bell: US stock futures fall early...
🔔 Before the opening bell:US stock futures fall early Friday, after Fed chair Jerome Powell said inflation remains too high.
Blackstone’s president warns soaring bond yields will be felt by all of us. Jonathan Gray said in an interview that high-interest rates on 30-year mortgages and car loans will start impacting consumer behavior. Meanwhile, Fed Chair Jerome Powell said the Fed will let bond market volatility “play out.”
U.S. oil tops $90 as U.S. Navy warship intercepts missiles near Yemen, Energy Dept. plans to buy oil for SPR
Oil prices moved sharply higher Thursday afternoon in electronic...
Oil prices moved sharply higher Thursday afternoon in electronic trading, with U.S. benchmark prices topping $90 a barrel.A rise in tensions in the Middle East led to the price climb, with reports that a U.S. Navy warship has intercepted multiple missiles near Yemen. A Pentagon press secretary told reporters that a Navy destroyer intercepted three missiles and several drones that were launched by Houthi forces in Yemen, but their target was unknown. Separately, the U.S. Energy Department said it will post monthly solicitations to buy oil for its Strategic Petroleum Reserve through at least May 2024, with the first request for up to 6 million barrels of oil for delivery in December and January.
The government agency said it plans to buy oil at a price of $79 a barrel or below,which is less than the average $95 it received for 2022 emergency SPR sales. In electronic trading, the November West Texas Intermediate crude contract CLX23 was at $90.68, up from the $89.37 Nymex settlement. December Brent crudeBRNZ23 was at $93.25, up from $92.38 at Thursday’s settlement.
