By: Reuters – ConocoPhillips’ chief executive on Tuesday warned of looming crude oil shortages and price volatility, citing limited spare capacity among...
By: Reuters – Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is due to...
LONDON, July 18 (Reuters) – Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of “extraordinary” circumstances, according...
By OilPrice.com – A few days ago, a rare event in the forex markets took place: for the first time in two decades,...
By: Humeyra Pamuk – Reuters – Major OPEC oil producers have spare capacity and are likely to boost oil supplies following President...
By: Mark Passwaters – Upstream Online – US oil and gas merger and acquisition activity declined in the second quarter, according to...
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...
By: Kristin E. Gibbs – Reuters – Increasing exports of U.S. natural gas due to geopolitical concerns has put a spotlight on...
By: Rick Newman – Yahoo Finance – The Biden administration is reeling from gasoline prices that crested to $5 per gallon in...
The energy sector is off to a moderately lower start, pressured by low conviction weakness in the underlying commodities and in the broader equity futures. Equity sentiment steadied this morning following the recent run-up in the benchmark indices as the markets assessed some disappointing retail results and looked ahead to the release of the Federal Reserve meeting minutes.
Following two consecutive days of sharp gains, WTI and Brent crude oil futures are negative in early trading as investors weigh the impact of possible production cuts by OPEC+ against comments from the IEA saying they expect the oil market to see a slight supply surplus next year. Lingering concerns over an increase in tension in the Middle East also continued to be mitigated after the chief of Hamas told Reuters today that it was near a truce agreement with Israel. More near term, investors will be looking to the next round of inventory data which analysts expect to show crude and gasoline stockpiles rose last week.
Natural gas futures are on pace for their fourth consecutive day of declines, pressured by reports showing record production and warmer forecasts for the first half of December.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
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...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
Have your oil & gas questions answered by industry experts.