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...
By: Reuters – Russia’s defense ministry said on Saturday that British navy personnel blew up the Nord Stream gas pipelines last month,...
By: CNBC – European gas prices may have dropped to levels not seen in more than four months, but this is far...
Story by Bruce Kamich, TheStreet.com ~Every couple of minutes we are reminded of the price of crude oil (and the yield on...
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...
Stock markets found some stability Wednesday following Tuesday's sell-off triggered by Middle East conflicts and U.S. port strikes, though individual stocks like Tesla and Nike faced pressure from company-specific news. The market's attention is now shifting to Friday's nonfarm payrolls report, a crucial economic indicator that could influence the Federal Reserve's upcoming monetary policy decisions. Analysts expect 140,000 new jobs in September.
Wednesday's ADP National Employment Report offered a preview, showing private-sector hiring exceeded expectations with 143,000 new jobs in September, primarily in services. While this report indicated a "widespread rebound" in hiring according to ADP's chief economist, with slowing wage growth for both job-stayers and job-changers, investors remain more focused on the official government payrolls data. As noted by Cooper Howard from Schwab, the upcoming jobs report could significantly impact market expectations for future Fed rate decisions, with potential implications for short-term yields.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
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,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
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