Europe is poised to enter a deep recession by year-end amid rising natural gas prices and higher interest rates, according to JPMorgan....
By: Hal Bernton – Seattle Times – Washington Attorney General Bob Ferguson is leading the three West Coast states in a challenge...
MarketWatch: Inflation in the United Kingdom could soar to as high as 19% by next year because of high winter fuel prices,...
Heatwaves this summer and expected natural gas shortages this winter are driving gas prices higher and higher in Europe. Europe’s benchmark gas...
From OilPrice.com. In February this year, The Guardian published exclusively a report by two non-profits that detailed the participation of the world’s...
As Central Texas continues to weather record-setting heat and some of the worst drought conditions seen in more than a decade, The...
By: Reuters – A third gas pipeline between Spain and France would cost at least 3 billion euros ($3 billion) and take...
From Hart Energy: Continental Resources Inc. promoted Doug Lawler on Aug. 18 to serve as president and COO. Lawler joined Continental in...
Brent oil will bounce back to $125 a barrel by the end of 2022, UBS said Wednesday. Brent has dropped 25% since...
By: Reuters – Oil prices rose about 1.5% after hitting a six-month low on Wednesday, as a steeper-than-expected drawdown in U.S. crude...
Charles T. Munger, who quit a well-established law career to be Warren E. Buffett’s partner and maxim-spouting alter-ego as they transformed a foundering New England textile company into the spectacularly successful investment firm Berkshire Hathaway, died on Tuesday in Santa Barbara, Calif. He was 99.
His death, at a hospital, was announced by Berkshire Hathaway. He had a home in Los Angeles.
The energy sector is off to a mixed to higher start supported by mild gains in the crude complex while major equity futures steadied this morning as traders look ahead to a fresh round of economic data on housing and consumer confidence.
Following three consecutive days of declines, WTI and Brent crude oil futures inched higher this morning and are currently up ~0.20% in early trading, lifted by growing expectations that OPEC+ will decide to extend or even deepen supply cuts at their upcoming meeting, weakness in the dollar and a drop in Kazakh output. Prices however pulled off their highs on rumors that the talks among the OPEC+ members remain difficult and that another delay to the semiannual meeting is possible. Analysts polled by Reuters estimated that the latest round of weekly U.S. supply reports will show crude inventories fell by about 2 million barrels.
Natural gas futures extended their slide lower for the third-straight session, continuing to reel on reports showing record output levels and updated forecasts for some milder weather in key consuming regions that could stunt demand.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The race to lower costs and accelerate production timelines in the Permian Basin has...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
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...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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