Record high prices at the fuel pump aren’t slowing Americans down. By Justin Jacobs, Energy Source newsletter from The Financial Times –...
By: Reuters – Excelerate Energy Inc, founded by oil and gas tycoon George Kaiser, plans to raise up to $384 million through...
By: Mitchell Ferman – The Texas Tribune – Russian hackers have been probing Texas’ energy infrastructure for weak points in digital systems...
Since Russia invaded Ukraine, many Western oil companies as well as traders, shippers, and bankers have stayed away from Russian oil. But...
By: NPR – President Biden is expected to announce on Thursday a plan to draw 1 million barrels of oil per day...
By: Oilprice.com – How quickly fortunes can change in the oil and gas business. Last year, U.S. oil and gas companies were...
By: Reuters – U.S. oil exports have climbed following Russia’s invasion of Ukraine, and barrels of domestic oil that would typically go...
By: Weishen Tan – CNBC – There’s been a “significant uptick” in Russian oil deliveries bound for India since March after Russia’s...
Even with oil prices above $100 a barrel and gas prices averaging over $4 a gallon at the pump, oil companies and...
The West Texas Intermediate (WTI) oil price companies need to profitably drill a new well in the U.S. is increasing, according to...
The energy sector is off to a higher start, supported by strength in the major market futures and the underlying commodities. U.S equities are expected to open higher after the release of March CPI data which showed inflation is cooling and as investors wait for Fed meeting minutes later today.
WTI and Brent crude oil were lower earlier but jumped as optimism that the U.S Federal Reserve is getting closer to ending its hawkish policy increased after the release of U.S CPI data for March. The U.S Consumer Production Index showed a rise of 0.1% in March, lower-than analyst estimates of a 0.2% month-over-month rise. Inflation eased to 5%, closer to the Fed’s 2% goal, and to its lowest in nearly two years. Traders will be watching out for weekly EIA data as analysts expect a decline in crude inventories. Meanwhile, the API reported crude inventories rose by about 380K barrels last week which had pressured futures earlier.
Natural gas futures are mostly unchanged for the second-consecutive session, despite forecasts for above-normal temperatures in the next two weeks.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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