By: Sam Meredith – CNBC – New OPEC Secretary-General Haitham Al Ghais said Wednesday that the influential producer group is not to...
Saudi Arabia’s sovereign-wealth fund ramped up its bets on US big-cap stocks in the second quarter. The Public Investment Fund poured more...
Story from RigZone. Jet fuel demand has come back with a vengeance, despite the recent bout of Covid-19, and should continue to...
OMAHA, Neb. (AP) — Warren Buffett’s company bet more on high-tech darling Apple and e-commerce giant Amazon during the second quarter, while...
Energy companies and traders are raking in huge profits selling US natural gas to Europe as prices there skyrocket. The US is...
Story by Adrian Hedden, Carlsbad Current-Argus. Two of New Mexico’s most productive oil and gas counties also contain its most low-producing or...
A disturbance began to develop Friday just offshore of southeastern Louisiana in the Gulf of Mexico, forecasters said. The system, described as...
By: Bloomberg – Mexico — which imports nearly all of the natural gas it burns — has laid out a somewhat surprising...
Oklahoma’s Garvin County is the site of four new wells including three from a single pad with the production of more than...
LONDON, (Reuters) UPDATE: Top U.S. gas exporter, Freeport LNG, has retracted the force majeure it initially declared after an explosion in June,...
The U.S. stock market ended sharply lower Friday, in a broad selloff that saw the Dow Jones Industrial Average fall almost 700 points.
The Dow Jones closed 1.6% lower, while the S&P 500 slumped 1.5% and the technology-heavy Nasdaq Composite dropped 1.6%, according to preliminary data from FactSet. All three indexes ended Friday with back-to-back weekly declines as investors weighed a jobs report that was hotter than Wall Street anticipated.
In the bond market, Treasury yields rose Friday after a stronger-than-expected employment report. The yield on the 10-year Treasury note climbed Friday to 4.772%, the highest level since Nov. 1, 2023 based on 3 p.m. Eastern time levels, according to Dow Jones Market Data.
For the week, the Dow fell 1.9%, the S&P 500 dropped 1.9% and the Nasdaq shed 2.3%, the preliminary data from FactSet showed.
The U.S. added a bigger-than-expected 256,000 new jobs in December, but most of the increase was concentrated in just a few industries and there was little sign of reheating in a gradually cooling labor market. U.S. unemployment rate drops to 4.1% in December from 4.2%
Economists polled by The Wall Street Journal had forecast an increase of 155,000 new jobs in December.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
Over the past two decades, the U.S. shale revolution has dramatically transformed the global...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
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