By: Allison Kite – Kansas Reflector – A “once in a lifetime” federal investment will clean up more than 2,300 abandoned gas...
By: Reuters – Oil prices rose on Thursday after Russia threatened to halt oil and gas exports to some buyers, although weighing...
By: Reuters – The UK is expected to announce dozens of new North Sea oil and gas exploration licenses in an effort...
France will restart a shuttered pipeline to send natural gas to energy-strapped Germany, Reuters reported. The formerly east-west pipeline will deliver about...
WALL STREET JOURNAL – STORY BY Benoît Morenne. Sitio Royalties Corp. and Brigham Minerals Inc. have reached a deal to merge to form one of...
By: Reuters – The Kremlin on Monday blamed the West for triggering the worst European gas supply crisis ever and warned the...
From OilPrice.com, via Yahoo News. The energy crisis in Europe is not only disrupting businesses and household finances, but it’s also hitting...
KYIV, Ukraine (AP) — Energy problems plagued Ukraine and Europe as much of the Russian-occupied region that’s home to a largely crippled...
Story by Brendan Coffey, Sportico. Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys—natural gas. Over...
By: Reuters – A Texas family which owns 70,000 acres in the Permian basin is exploring options including a sale, putting up...
WTI crude oil July futures climbed 3 cents to $74.87 per barrel on Wednesday after rising to as high as $76 earlier in the session, while Brent Crude for August delivery closed down 24 cents, at $76.21 per barrel, trading as high as $77.43 during the session.
The Dow Jones Industrial Average gave up an almost 300-point gain to end lower, while the S&P 500 closed flat, on Wednesday after the Federal Reserve left interest rates unchanged and raised its inflation outlook for the year.
The Dow fell 44.14 points, or 0.1%, to close at 42,171.66, after losing a 294.27-point gain that sent it to a session high of 42,510.07 earlier in the day, based on preliminary data. Wednesday's closing level is the lowest since May 28.
The S&P 500 fell less than 2 points to finish flat at 5,980.87.
The Nasdaq Composite advanced 25.18 points, or 0.1%, to end at 19,546.27.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell sharply, by 10.133 million barrels in the week ending June 13 after analysts had estimated a 600,000-barrel draw. The API reported a 337,000 barrel inventory decrease in the prior week.
In a post on Truth Social, Trump wrote that the US knows where Iranian leader Ayatollah Ali Khamenei is “hiding,” calling him an “easy target” but saying he will not be killed, “at least not for now.” He also demanded Iran’s “unconditional surrender” as it traded airstrikes with Israel for the fifth day. Trump’s escalating rhetoric came as the US moved more warships into the Middle East in what officials said was a defensive position. The president also posted, “We now have complete and total control of the skies over Iran,” but it was unclear if that meant the US was directly involved in the conflict. Trump is reportedly weighing using US military assets to strike Iran.
In a surprising legal development, the New Mexico Court of Appeals has dismissed a...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
The World Bank has made a landmark decision by lifting its long-standing ban on...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
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