By: Daniel Graeber – Houston Chronicle – High oil prices and runaway inflation will eventually curb demand — and possibly lead to...
By: Kyle Bakx – CBC – With so much pain at the gas pumps these days and the extraordinary price of oil...
Yang Li Hu, a 12-year-old Chinese oil tanker with a bright blue and red hull, was laden with oil as it set...
(Bloomberg) — The owners of Laredo Energy VI LP, a gas driller focused in the Eagle Ford Shale in South Texas, are...
By: Michael Dekker – Tulsa World – With oil and gasoline prices setting new records on a daily basis for weeks, there...
By: Reuters – Oil prices dipped on Thursday but still hovered near three-month highs after parts of Shanghai imposed new COVID-19 lockdown...
Treasury Secretary Janet Yellen indicated the EU and US are in talks to curb Russian oil revenue. It comes as Russia reels...
By: Reuters – Shale gas producer Chesapeake Energy plans to hire a liquefied natural gas (LNG) adviser, according to a job listing,...
Another week, another record high for gas prices. And there seems to be no immediate relief in sight. Story Credit: Medora Lee,...
By: Bloomberg News – Oil fluctuated after top exporter Saudi Arabia signaled confidence in demand with a bigger-than-expected price increase of its...
U.S. crude oil prices climbed over 2% on Tuesday, retreating from higher levels as markets evaluated the potential for escalation following Iran's missile attack on Israel. The response highlighted a shift from previous market complacency about the conflict, with traders who had largely dismissed supply disruption threats now reassessing risks.
The key concern centers on Israel's potential response, particularly whether it might target Iran's nuclear facilities or oil infrastructure. With Iranian oil production at a five-year high of over 3 million barrels per day, analysts emphasize the need to consider scenarios where these supplies could be disrupted, marking a significant shift in market risk assessment.
Wall Street tumbled Tuesday in a tech-driven sell-off, buffeted by Iran's missile attack on Israel and a U.S. East Coast port workers' strike. The market's reaction reflected a complex landscape where defense and energy stocks rose amid Middle East tensions, while shipping-related and retail shares declined due to port closures. Safe-haven assets like the U.S. dollar, gold, and Treasuries gained traction, with oil prices initially surging 5% before moderating later in the session.
Despite attempts to recover from midday lows, similar to Monday's late rebound, buying enthusiasm remained subdued as volatility reached nearly one-month highs. The 10-year Treasury yield fell below Monday's levels, narrowing the yield curve that had been widening since the Federal Reserve's recent rate cut. This shift was driven by both the flight to safety and weak U.S. manufacturing data, highlighting investors' growing concerns about potential economic impacts, including possible goods inflation and supply chain disruptions affecting retailers, railroads, and auto companies.
Here's where the major benchmarks ended:
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
Have your oil & gas questions answered by industry experts.