By: Frank Morris – Kansas News Service via Hays Post – To understand why oil prices are high today, you have to...
From OK Energy Today: With crude oil prices reaching well more than $100 a barrel, a result of Russia’s invasion of Ukraine,...
By: Justin Worland – TIME – As gas prices spike for American drivers, fossil fuel boosters have slammed President Joe Biden for...
By: Andreas Exarheas – RigZone – Russia will have to shut-in oil production as it will be unable to sell all the...
History is being made this month and not in a good way. Whether you’re a Republican, Democrat, or Independent, you can’t be...
By: Bozorgmehr Sharafedin – Reuters – The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at...
Shell plc has announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas, and...
In a move to further punish Russia for its invasion of Ukraine, the United States is considering a ban on Russian oil...
Traders piled into options that oil could surge even further after rising to the highest since 2008, with some even placing low-cost...
Story by Harry Robertson at Business Insider. Fears of stagflation are surfacing as the war in Ukraine has sent oil prices soaring...
U.S. energy firms this week cut the number of oil rigs even as Russia's invasion of Ukraine drove crude prices to their highest since 2008.
U.S. oil rigs fell three to 519 in the week to March 4, their first weekly decline since January, while gas rigs rose three to 130, their highest since December 2019, energy services firm Baker Hughes Co said in its closely followed report on Friday.
Most of the decline in oil rigs was in the Woodford shale in Oklahoma, which offset an increase in the largest U.S. oilfield in the Permian Basin, the data showed. The Ardmore Woodford fell to no activity with the loss of its only rig while the Arkoma Woodford declined by one, leaving two active rigs. The Cana Woodford was unchanged at 28 rigs.
Reuters - U.S. natural gas futures gained about 6% to a one-month high on Friday as the U.S. market continued to follow massive price swings in global gas and oil trading with the Russia-Ukraine conflict stoking energy supply concerns.
Front-month gas futures rose 29.4 cents, or 6.2%, to settle at $5.016 per million British thermal units (mmBtu), their highest close since Feb. 2.
That put the contract up about 12% this week, the first time it rose for three weeks in a row since October 2021.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
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