MEXICO CITY (Reuters) – The leaders of the United States, Canada and Mexico are due to hold a summit next week, where...
RigZone.com. BP plans to invest $7 billion in its Gulf of Mexico business by 2025, according to a new report published by...
From Barron’s. Shell, Europe’s largest oil and gas company, said it will have to pay about $2 billion in additional taxes in the...
From Reuters: OPEC will likely take steps to boost oil prices, which started the year in free-fall, the chief executive of top shale producer Pioneer...
Story By Andrew Baker, NaturalGasIntel. An increasingly small percentage of oil and natural gas wells is supplying the majority of U.S. production,...
From Hart Energy. Talos Energy kicked off 2023 with the announcement of commercial deepwater discoveries in the Gulf of Mexico that will...
By: Wyoming Business Report via Casper Star-Tribune – This year is shaping up to be the most normal in a while for...
By: The Dickinson Free Press – Billionaire businessman Harold Hamm has donated $50 million to the group behind the planned Theodore Roosevelt...
Story by Pamela Heaven, Financial Post. Contrary to popular belief, Canada’s oilsands may be the “last barrel standing” as the world shifts...
Prior to the pandemic-induced downturn in world oil production, U.S. oil production growth was responsible for 98 percent of the increase in world...

Major Indices | The S&P 500 closed down 0.03% at 6,929.94, though it reached a new intraday high of 6,945.77 earlier in the session. The Nasdaq Composite slipped 0.09% to close at 23,593.10, while the Dow Jones Industrial Average fell 20.19 points, or 0.04%, settling at 48,710.97.
Weekly Performance Despite today's modest declines, the S&P 500 posted a strong weekly gain of 1.4%, marking its fourth weekly advance in five weeks. Both the Dow and Nasdaq also gained more than 1% for the week.
Market Context Trading volume was light today as markets reopened after Christmas Day. Analysts noted that with limited corporate earnings reports and economic data during this period, trading was primarily driven by technical factors and positioning. The session fell within the traditional "Santa Claus rally" period.
Commodities Gold futures hit a new all-time intraday high of $4,579.60 per ounce, heading for its 54th record close in 2025. Silver futures also reached a new all-time intraday high of $76.15 per ounce.
With just three trading sessions remaining in 2025, the S&P 500 is approaching the 7,000 milestone, sitting about 1% below that level.
Story by Andreas Exarheas | RigZone.com | In its latest short-term energy outlook (STEO),...
by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey...
🔲 Regime change in Venezuela could reshape global oil flows, giving the U.S. renewed...
The history of the global oil and gas industry is inextricably linked to the...
Baker Hughes and Hunt Oil Company have signed a joint framework agreement aimed at...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to...
Two authoritative outlooks are shaping the 2026 oil narrative, pointing in different directions. On...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio,...
Santa Fe, NM – New Mexico Attorney General Raúl Torrez filed a lawsuit on...
🎄The holiday season exposes how tight diesel markets really are. ⛽️Diesel demand during Christmas...
The Energy as a Service (EaaS) market is projected to double to over $55...
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