By: Bobby Magill – Bloomberg Law – The tax and climate deal struck by Sens. Joe Manchin (D-W.Va.) and Chuck Schumer (D-N.Y.)...
(Bloomberg) — At a time when natural gas buyers are fighting over every last molecule, China — the world’s top importer of...
By: Mike Lee – EnergyWire – Oil field jobs, which plummeted during the pandemic and recession two years ago, haven’t recovered even...
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,...
Trump's changing tariff plans, meanwhile, pull U.S. oil prices down for a seventh straight week.
Oil futures settled higher on Friday, buoyed by reported U.S. plans to refill the nation's Strategic Petroleum Reserve to full capacity, which would lead to tighter global supplies.
Prices for crude also found support after a Russian deputy prime minister reportedly said OPEC+ could reverse its decision to begin increasing production next month if the market appears unbalanced.
Crude prices, however, ended lower for the week, with the U.S. benchmark notching a seventh straight weekly decline on concerns that tariffs will slow the economy and energy demand.
-- West Texas Intermediate crude for April delivery rose 68 cents, or 1%, to settle at $67.04 a barrel on the New York Mercantile Exchange, leaving the U.S. benchmark down 3.9% for the week, according to Dow Jones Market Data. That marked a seventh straight weekly loss, the longest such losing streak since December 2023.
-- May Brent crude, the global benchmark, climbed 90 cents, or 1.3%, to $70.36 a barrel on ICE Futures Europe, for a 3.4% weekly decline.
-- April gasoline RBJ25 added 0.4% to $2.11 a gallon but lost 5.1% for the week, while April heating oil HOJ25 lost nearly 0.4% to $2.22 a gallon, posting a weekly decline of 4.3%.
-- Natural gas for April delivery NGJ25 settled at $4.40 per million British thermal units, up 2.3% Friday to end 14.7% higher for the week.
U.S. stocks closed higher Friday after remarks from Federal Reserve Chair Jerome Powell appeared to calm the nerves of investors worried about the economic impact of new White House policies such as tariffs.
The Dow Jones Industrial Average rose 222.64 points Friday, or 0.5%, to finish at 42,801.72.
The S&P 500 gained 31.68 points, or 0.6%, to end at 5,770.20.
The Nasdaq Composite advanced 126.97 points, or 0.7%, to close at 18,196.22.
Stocks reversed losses seen earlier Friday as investors assessed signs of a cooling labor market in the latest jobs data released ahead of the opening bell. Stocks rebounded after Fed Chair Powell said Friday at an event hosted by the University of Chicago Booth School of Business that the “U.S. economy continues to be in a good place” and the central bank’s monetary policy was “well positioned to wait for greater clarity.”
Still, all three major U.S. equities benchmarks had weekly losses, with the S&P 500 seeing its worst week since early September.
For the week, the Dow fell 2.4%, the S&P 500 dropped 3.1% and the technology-heavy Nasdaq slid 3.5%, according to Dow Jones Market Data. The S&P 500 and Nasdaq each booked a third straight weekly loss.
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
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By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
The International Energy Agency (IEA) has issued a stark warning that the world’s oil...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
by Bloomberg, via RigZone.com | F.Kozok, S.Hacaoglu | Turkey plans to sign new energy deals with...
Natural gas remains the leading source of electricity generation in the United States, but...
President Donald Trump used his address at the United Nations General Assembly this week...
Managed money speculators hit record bearish positions on WTI even as the IEA forecasts...
West Texas holds a treasure trove of natural gas that could become a critical...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
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