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...
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,...
Oil declined Monday, with U.S. prices settling at their lowest in almost two weeks, retreating in tandem with equity markets amid growing concerns about the health of the economy and the outlook for demand, said Colin Cieszynski, portfolio manager and chief market strategist at SIA Wealth Management.
"Oil is currently a demand story and if there are any issues related to supply, it’s more likely oversupply," he told MarketWatch. It’s becoming clear that issues surrounding tariffs are "not going to be settled or resolved easily and could drag on for months."
Traders should start to hear more about the outlook for oil later this week and into next week, once the big producers start reporting on Friday, said Cieszynski.
West Texas Intermediate crude for June delivery lost 97 cents to settle at $62.05 a barrel, the lowest front-month contract finish since April 15, according to Dow Jones Market Data.
Stocks finished mostly higher Monday ahead of a busy week of economic data and an onslaught of corporate earnings, including results from four members of the so-called Magnificent 7. Investors look for signs of progress on the trade front and any signs of damage from tariffs.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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