Story By Emily Patsy. Marathon Oil Corp. agreed to acquire Ensign Natural Resources on Nov. 2, nearly doubling the Houston-based company’s position...
(Reuters) – This winter the U.S. Northeast faces its highest energy costs in more than 25 years due to tight heating oil...
By: CNBC – Goldman Sachs predicts that European natural gas prices would drop by about 30% in the coming months as nations gain...
In this article, we will take a look at the top 20 oil-producing countries in 2022, where crude oil is essential to...
By: Reuters – U.S. oil output climbed to nearly 12 million barrels per day (BPD) in August, government figures showed on Monday,...
By: WMUR – The CEO of utility Eversource said Monday he wrote a letter to President Joe Biden because he has serious...
By: EIA – According to our recently released Natural Gas Annual, natural gas consumption in all sectors in the United States was...
OilPrice.com. Leftwing Senator Gustavo Petro’s electoral victory, which he was inaugurated as Colombia’s 34th president, saw a wave of optimism sweep across...
By: Midland Reporter-Telegram – West Texas producers got an unfortunate sense of déjà vu this week, watching natural gas prices at Waha...
U.S. oil and natural gas rigs fell this week but edged up in October in the first monthly increase since July as...
U.S. stock-market futures were flat Monday while gold and silver futures hit new all-time highs, amid uncertainty around the Fed’s independence and the Trump administration’s tariffs, as well as rising optimism about potential interest-rate cuts.
The continuous contract for gold futures on the New York Mercantile Exchange rose to a record high of $3,552.40 an ounce on Monday. Gold was most recently trading up 0.9%, around $3,547. The precious metal has seen its price soar about 34% year to date. The continuous contract for silver also surged 2% to a new high Monday, at $41.760. Silver was most recently trading at $41.580, up about 42% this year.
After initially rising about 40 points, Dow Jones Industrial Average futures were last down 40 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures also gave up early gains and were down slightly. Bitcoin sank to near the $108,000 level, while crude oil, as reflected by West Texas Intermediate front-month prices , gained nearly 1%. The ICE U.S. Dollar Index , which measures the greenback against a basket of six foreign rivals, edged lower.
Gold and silver are seen as safe-haven assets, and their appeal has gained amid fears that the U.S. Federal Reserve may lose its independence, weakening the dollar. President Donald Trump has, for months, pressured Fed Chair Jerome Powell to slash interest rates, and his recent attempt to fire Fed governor Lisa Cook is seen by many as an attempt to impose control over the central bank.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
Story by Kevin Hendricks, nm.news |New Mexico’s State Land Office shattered revenue records for...
Harvest Midstream, the Houston-based energy company owned by Hilcorp Energy founder Jeff Hildebrand, has...
By Andrew Kelly | Energy Intelligence | The US Gulf of Mexico holds a...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
By Michael Kern for Oilprice.com | TotalEnergies, along with its partners QatarEnergy and the national...
By Felicity Bradstock for Oilprice.com | Following the massive growth in global renewable energy...
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