By: Hart Energy – Permian operator Colgate Energy agreed on May 19 to combine with Centennial Resource Development Inc., squashing recent rumors that...
Story by Justin Jacobs, Financial Times. Prices for fuel at the pump have gotten even more painful of late—and things could get...
Story from Hart Energy: Exxon Mobil said on May 19 that it signed an agreement with subsidiaries of Denver-based BKV Corp. for the sale...
FORT WORTH, Texas—Gene Shepherd, CEO of VTX Energy Partners, is on the hunt for $1 billion deals in the U.S. Lower 48...
A Houston-based oil and gas producer is looking to get into the Permian Basin through a recently-announced merger with a company already...
By: CNBC – U.S. natural gas prices more than doubled since the start of the year, and this summer’s air-conditioning season could...
By: Jack Money – The Oklahoman – Tracking trends involving the continued economic impact of Oklahoma’s energy industry these days is like...
By Phil Rosen, Business Insider. While Americans are reeling from sticker shock at the gas pump, the diesel market is in its...
By: Bloomberg – From record gasoline prices to higher airfares to fears of diesel rationing ahead, America’s runaway energy market is disquieting both US travelers and...
(Bloomberg) — Germany said Russia is using energy as a “weapon” after Moscow reduced natural gas supplies in retaliation for Europe’s penalties...
U.S. stocks ended lower on Friday after President Donald Trump threatened to impose a 35% tariff on imports from Canada, with investors concerned about more potential tariff announcements over the weekend.
The Dow Jones Industrial Average went down 279.13 points or 0.6% to end at 44,371.51 on Friday, snapping back-to-back gains, according to Dow Jones Market Data. The index ended 457.02 points, or 1% lower for the week, snapping a three-week winning streak.
The S&P 500 fell 20.71 points or 0.3% to close at 6259.75, also snapping back-to-back gains. The index lost 19.60 points or 0.3% this week, snapping a two-week winning streak.
The Nasdaq Composite declined 45.14 points or 0.2% to finish at 20,585.53. It was down 15.57 points or 0.08% for the week.
(Reuters) - Oil prices fell more than 2% on Thursday, as investors weighed the potential impact of U.S. President Donald Trump's tariffs on global economic growth.
Brent crude futures settled at $68.64 a barrel, down $1.55, or 2.21%. U.S. West Texas Intermediate crude finished at $66.57 a barrel, down by $1.81, or 2.65%.
On Wednesday, Trump threatened Brazil, Latin America's largest economy, with a punitive 50% tariff on exports to the U.S., pressuring his Brazilian counterpart Luiz Inacio Lula da Silva over Brazil's trial of former President Jair Bolsonaro over charges of plotting a coup to stop Lula from taking office in 2023.
Higher interest rates make borrowing more expensive and can slow demand for oil.
OPEC+ oil producers are set to approve another big output boost for September, as they complete unwinding voluntary production cuts by eight members and the United Arab Emirates' move to a larger quota.
However, OPEC+ indicated it may pause output hikes in October because of a possible peak in oil demand, said Phil Flynn, senior analyst with Price Futures Group.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
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...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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