Big Oil majors in the United States have found themselves the target of much pressure to boost production lately, as prices go...
ELLEN CHANG, The Street.com. As a lengthy heatwave sears Texas, the state’s power grid operator is struggling to meet demand, forcing it...
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Story By Daniel Yergin and originally published on Project Syndicate. Is today’s energy crisis as serious as similar previous ones — particularly...
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Haymaker Minerals & Royalties III acquired a “large-scale diversified mineral portfolio” in partnership with Denham Capital and its affiliates, the Houston-based company...
By: Janelle Stecklein – Claremore Daily Progress – Oklahoma’s coffers are reaping the benefits of soaring oil and gas prices, bringing in...
(Bloomberg) — Pakistan’s energy crisis looks set to drag on for months after another failed attempt by the nation to import gas....
All three major U.S. stock indexes closed higher on Wednesday after shaking off a lower open, with investors and traders tuning into President Donald Trump's announcement of reciprocal tariffs.
The Dow Jones Industrial Average rose 235.36, or almost 0.6%, to 42,225.32, based on preliminary data.
The S&P 500 rose 37.90 points, or 0.7%, to 5,670.97.
The Nasdaq Composite climbed 151.16 points, or 0.9%, to 17,601.05.
Oil prices edged lower on Tuesday as traders braced for reciprocal tariffs that U.S. President Donald Trump is due to announce on Wednesday. These tariffs could intensify a global trade war.
However, Trump's threats to impose secondary tariffs on Russian oil and to attack Iran fueled supply worries, limiting losses.
Brent futures settled down 28 cents, or 0.37%, at $74.49 a barrel. The session high was above $75 a barrel. U.S. West Texas Intermediate crude futures fell 28 cents, or 0.39%, to $71.20.
On Monday, the contracts settled at five-week highs.
The White House provided no details about the size and scope of tariffs that it confirmed Trump will impose on Wednesday.
"The market is getting a little jittery with less than 24 hours to go," said Bob Yawger, director of energy futures at Mizuho. "We may lose some Mexican, Venezuela and Canadian supplies, but there is definitely a chance that demand destruction could outpace those barrels," he added.
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The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
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Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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