The surge in US gas prices has caused demand destruction, a new survey by the American Automobile Association shows. The AAA found...
By: Reuters – The Kremlin said on Tuesday that a repaired gas turbine for Nord Stream 1, Russia’s biggest gas pipeline to...
Editor OilPrice.com. Russian President, Vladimir Putin, arrived in Tehran last week for the second time since he ordered the invasion of Ukraine...
By: Ben Werschkul – Yahoo Finance – One of Biden’s top energy aides confirmed Friday that the administration won’t extend the oil...
The United States became the world’s largest liquefied natural gas exporter during the first half of 2022, according to data from CEDIGAZ....
The world’s largest international oil and gas companies are expected to accelerate share repurchases, and some could raise dividends next week when...
From MarketWatch.com. Oil futures settled lower on Friday, pressured by signs of faltering gasoline demand in the middle of summer driving season,...
Story Credit: Jessie Christopher Smith, The Oklahoman. Oklahomans are still reeling from extreme conditions amid a record-breaking heat wave, after soaring temperatures...
By Mark Trevelyan. LONDON (Reuters) –Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman spoke by phone on Thursday and...
By: Jordan Blum and Laura Huchzermeyer – S&P Global – The Keystone oil pipeline could return to full capacity next week if...
Oil futures finished Monday with a gain after President Trump slapped tariffs on Canada, Mexico and China over the weekend, sparking worries over U.S. crude imports. Upside was limited, however, by concerns that a trade war would dent demand.
At a regularly scheduled meeting on Monday, ministers from members of OPEC+ — made up of the Organization of the Petroleum Exporting Countries and its allies — left its existing oil production plans unchanged, even as Trump last month called on the group to lower oil prices.
West Texas Intermediate crude for March delivery rose 63 cents, or 0.9%, to settle at $73.16 a barrel on the New York Mercantile Exchange after trading as high as $75.18.
April Brent crude , the global benchmark, tacked on 29 cents, or 0.4%, to $75.96 a barrel on ICE Futures Europe.
Back on Nymex, March gasoline climbed 2.9% to $2.12 a gallon, while March heating oil gained 2.7% to $2.46 a gallon.
March natural gas surged 10.1% to $3.35 per million British thermal units, after posting a gain of nearly 12% last week.
U.S. stocks ended lower, but recovered from their session lows, after President Trump said on Monday that he would pause imposing new tariffs on Mexico for a month, though tariffs on China and Canada will stil take effect on Tuesday.
The Dow Jones Industrial Average went down 122.75 points or 0.28% to close at 44421.91, according to FactSet data.
The S&P 500 declined 45.96 points or 0.8% to finish at 5,994.57.
The Nasdaq Composite fell 235.49 points or 1.20% to end at 19,391.96.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
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By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
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