From Business Insider: The US housing market isn’t just slowing down, it’s in the early stages of a major correction. With mortgage...
By: The New York Times – The war in Ukraine is raging, Russian natural gas exports to Europe are dwindling and the...
Relations between the U.S. and Saudi Arabia may have plunged to a new low after the kingdom cut oil production in defiance...
By: Reuters – Saad al-Kaabi, the head of Qatar’s state-run energy company, said on Monday all oil and gas trade should be...
Deutsche Bank on Oct. 21 said it aimed to reduce the emissions tied to its upstream corporate oil and gas sector loans...
By: Reuters – U.S. natural gas futures fell to their lowest since March on Thursday, after a federal report showed a larger-than-expected...
By: NGI – An unprecedented number of LNG vessels are floating offshore Europe as regasification terminal congestion and whipsawing prices further complicate...
Rick Newman –Yahoo Finance. Thank god for the elections! With the 2022 midterms imminent, President Biden has decided to release more oil...
HART ENERGY – U.S. oil and gas production is forecast by the Energy Information Administration (EIA) to rise thanks primarily to higher...
By: BT – Prairie Energy Partners plans to build a $5.56 billion, “decarbonized” crude refinery that the Southern Rock Energy Partners subsidiary says...
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.
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...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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,...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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