By: Chase Woodruff – Colorado Newsline – As the global oil market continued to be rocked by the fallout from Russia’s invasion...
By: Andrew Baker – NGI – Diamondback Energy Inc. is aiming to keep oil production flat in the Permian Basin this year,...
By: Ron Bousso – Reuters – BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end...
By: David Wethe & Shely Hagan – Bloomberg – State legislatures across the U.S. are drafting bills to prohibit business with finance...
Brigham Minerals, Inc., a leading mineral and royalty interest acquisition company, today announced record operational and financial results for the quarter and...
By: Bloomberg via YahooFinance – After watching big banks curtail lending and asset managers pare bets, fossil fuel producers are now losing...
By: Lina Saigol – Barrons – Germany halted the Nord Stream 2 gas pipeline as the European Union prepares to levy tough...
By: Ella Nilsen – CNN – The Biden administration has once again put a pause on new leases and permits for federal...
By: Bloomberg via Yahoo – The Texas wildcatters that ushered in America’s shale revolution are resisting the temptation to pump more oil...
By: Liz Hampton – Reuters – With crude prices at their highest levels in years, U.S. oil drillers are trying to boost...
Oil prices settled nearly 5% down on Tuesday at their lowest levels in nearly nine months on signs of a deal to resolve a dispute that has halted Libyan crude production and exports.
Brent crude futures closed down $3.77, or 4.9%, at $73.75 a barrel, their lowest level since Dec. 12. West Texas Intermediate crude futures (WTI) , which did not settle on Monday because of the U.S. Labor Day holiday, fell $3.21, or 4.4%, to $70.34 - also their lowest since December.
Brent closed down 0.3% last week, while WTI settled 1.7% lower.
Libya's legislative bodies have agreed to appoint a new central bank governor within 30 days after U.N.-sponsored talks, a statement signed by representatives of those bodies said on Tuesday.
U.S. stocks finished sharply lower on Tuesday, kicking off a historically tough month for the market. Investors assessed weak manufacturing data that reignited concerns over an economic slowdown.
According to preliminary data from FactSet, the Dow Jones Industrial Average fell 1.5% to end near 40,936.
The S&P 500 was off 2.1% to finish around 5,529.
The Nasdaq Composite tumbled 3.3%, ending near 17,136.
The three benchmark indexes suffered their worst day since the Aug. 5 market meltdown.
A Russian missile strike in the eastern Ukrainian city of Poltava on Tuesday killed at least 41 people and injured another 180, President Volodymyr Zelensky said, in the latest in a series of devastating strikes on Ukrainian cities.
Two ballistic missiles hit a military educational institution in the city, Mr. Zelensky said, as well as a neighboring hospital, trapping people under the rubble. A search and rescue operation was underway.
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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