By: Reuters – A Texas family which owns 70,000 acres in the Permian basin is exploring options including a sale, putting up...
HOUSTON, (Reuters) – Exxon Mobil Corp (XOM.N) and Shell Plc (SHEL.L) on Thursday confirmed the sale of their California oil joint-venture Aera to German asset manager...
G7 finance ministers are set to meet on Friday to thrash out a US-led plan to cap Russian crude oil prices. Officials...
MOSCOW (Reuters) -Ravil Maganov, the chairman of Russia’s second-largest oil producer Lukoil, died on Thursday after falling from a hospital window in...
Oil futures ended lower for the third month in a row in August to tally their longest streak of monthly losses in...
By: Cathy Bussewitz – AP – As winter nears, European nations, desperate to replace the natural gas they once bought from Russia,...
HART ENERGY: The Permian Basin’s economic impact on Texas and the nation is growing—thanks to both its natural and renewable energy resources....
From The New York Times. California made history late last week when its regulators approved an ambitious plan to phase out the...
By: Associated Press – A team from the U.N. nuclear watchdog on Monday started its journey to the Zaporizhzhia atomic power plant...
OilPrice.com. Oil and gas supermajors are on course to repurchase their shares at near-record levels this year thanks to soaring oil and...
Crude oil inventories in the United States decreased by 1 million barrels during the week ending October 17, after gaining 3.5 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 422.8 million barrels according to government data, which is still 4% below the five-year average for this time of year.
The Dow Jones Industrial Average and S&P 500 snapped a three-day stretch of gains to end lower on Wednesday amid a mix of economic uncertainty, U.S.-China trade tensions, and a selloff in gold. Gold futures settled at $4,065.40 on Wednesday. The Nasdaq Composite also fell.
The ongoing government shutdown in Washington raised concerns about economic damage, while gold's selloff heightened volatility fears. Separately, Reuters reported that the Trump administration is considering curbs on a wide range of software-powered exports to China.
The Dow fell 334.33 points, or 0.7%, to finish at 46,590.41, based on preliminary data. It had reached a record close of 46,924.74 on Tuesday.
The S&P 500 dropped 35.95 points, or 0.5%, to end at 6,699.40.
The Nasdaq Composite declined 213.27 points, or 0.9%, to close at 22,740.40
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
Whether the weakness persists will show up first in structure and stocks: if spreads...
Operators across the Lower 48 are entering a pivotal new phase of development, where...
Algeria has taken another major step to revitalize its oil and gas sector, signing...
In a rare win for both production and environmental performance, a new analysis by...
By Irina Slav for Oilprice.com | The amount of oil on tankers in transit...
Despite years of glossy sustainability campaigns and promises to lead the energy transition, the...
Vortexa’s figures exclude oil in floating storage, defined as oil stored on stationary vessels...
Story By Charles Kennedy |OilPrice.com| Texas’ inventory of orphaned oil and gas wells has...
A high-stakes courtroom fight in Delaware has pitted bidders for the parent company of...
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