By: Reuters – Oil rose on Thursday, extending a rally of nearly 3% in the previous session, as optimism over record U.S....
By: Business Insider – Aides to President Joe Biden were enraged when Saudi Arabia’s Crown Prince Mohammed bin Salman abandoned a secret...
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...
The American Petroleum Institute reported late Tuesday that crude inventories rose by 1.6 million barrels last week. Gasoline stocks dropped 2 million barrels, and distillates, which include heating oil and diesel fuel, declined 1.5 million barrels.
Analysts surveyed by S&P Global Commodity Insights, on average, expect the EIA to report crude stocks falling by 800,000 barrels in the week ended Oct. 18, with gasoline inventories down 2.1 million barrels and distillates down 2.4 million barrels.
U.S. stocks finished mixed on Tuesday with the S&P 500 posting its first back-to-back loss since early September as investors weighed rising Treasury yields amid concerns about an increase in deficit after the upcoming presidential election.
The Dow Jones Industrial Average finished nearly flat, at around 42,924 as of 4 p.m. Eastern time, according to FactSet data.
The S&P 500 lost less than 0.1%, to end near 5,851.
The Nasdaq Composite rose 0.2%, to finish around 18,573.
The yield on the 10-year Treasury advanced 2.5 basis points to 4.204%, while the 30-year rate rose less than 1 basis point to 4.493%. Both 10- and 30-year yields finished Tuesday’s session at their highest levels since July 25, according to Dow Jones Market Data.
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...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
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...
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,...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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