By: Adrian Hedden – Carlsbad Current-Argus – Oil and gas’ momentum building in 2021 continued at the start of the year as multiple...
By: Nichola Groom – Reuters – The Biden administration on Wednesday said more than half of U.S. states intend to apply for...
The European Union has drawn up plans to classify some nuclear power and natural gas plants as green investments that can help...
By: Scott DiSavino – Reuters – Germany on Friday shut down half of the six nuclear plants it still has in operation,...
Jan 3 (Reuters) – U.S. natural gas prices gained over 2% on Monday (closing at $3.81 per MMBtu, +8.5 cents) after output...
After the Deepwater Horizon offshore drilling rig exploded in 2010, environmentalists surveying the damage in the Gulf of Mexico came upon a...
By: Alex Longley – Bloomberg – Oil futures in New York dipped after their longest run of gains since February, as the...
By: Kimberly James – The Center Square – Oklahoma is second only to Texas in desirability to invest in the oil and...
By: Alex Lawler – Reuters – Oil fell on Monday after U.S. airlines called off thousands of flights over the Christmas holidays...
NEW YORK (Reuters) – Global oil demand roared back in 2021 as the world began to recover from the coronavirus pandemic, and...
U.S. crude oil fell more than 1% on Wednesday, tumbling below $70 per barrel and raising speculation that OPEC+ could delay production increases scheduled to begin next month.
The U.S. benchmark hit a session low of $68.83, the lowest level since Dec. 13, after plunging more than 4% on Tuesday. U.S. crude and global benchmark Brent have erased all gains for 2024.
“With demand growth uncertain and significant supply outages looking unlikely, all eyes are again on OPEC+,” Svetlana Tretyakova, senior analyst at Rystad Energy, said in a note Wednesday. “Until OPEC+ clarifies its strategy, overall bearishness will persist.”
Here are Wednesday’s closing energy prices:
U.S. stocks finished mostly lower on Wednesday, with the S&P 500 and Nasdaq ending down for the fourth time in the past five sessions, as investors continued to focus on the prospect of an economic slowdown.
Based on preliminary data, the Dow Jones Industrial Average finished up 38.04 points, or less than 0.1%, at 40,974.97.
The S&P 500 closed down by 8.86 points, or almost 0.2%, at 5,520.07. Wednesday's level was the lowest since Aug. 14.
The Nasdaq Composite fell 52 points, or 0.3%, to finish at 17,084.30. Wednesday's level was the lowest since Aug. 12.
On Tuesday, all three indexes ended with their largest percentage declines since Aug. 5.
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...
Have your oil & gas questions answered by industry experts.