The crude oil market has already gained 10 percent since the start of the year and has further to go, Vitol’s head...
Over the past three years, dozens of cities across the country have banned natural gas hookups in newly constructed buildings as part...
By: Irina Slav – OilPrice.com – Oil is about to post its fourth week of gains in a row, and the outlook...
By: Timothy Gardner and Nidhi Verma – Reuters – China will release crude oil from its national strategic stockpiles around the Lunar...
The European gas crunch has been hogging headlines for months now, and with good reason – the continent is still struggling to...
By: Rystad Energy – Global oil and gas investments will expand by $26 billion this year as the industry continues its protracted...
By: Ron Bousso and Sabrina Valle – Reuters – Europe’s Big Oil companies are planning to spend their windfall from high energy...
By: Bozorgmehr Sharafedin – Reuters – Oil prices were largely steady on Monday as supply disruptions in Kazakhstan and Libya offset worries...
Dealing with the US shale industry’s produced water is increasingly controversial for operators, a new Rystad Energy report reveals. Even though total...
By: Adrian Hedden – Carlsbad Current-Argus – Oil and gas’ momentum building in 2021 continued at the start of the year as multiple...
Energy stocks are set to close out the final session of the third quarter in the green, tracking higher broader index futures and oil prices. Rates are backing off, with the 10-year back below 4.6%, trading around 4.53%. Sector news flow is light as quiet periods are set to commence ahead of earnings season next month.
Oil prices rose on Friday and were headed for a gain of about 3% for the week, driven by tight U.S. supply and expectations of strong fuel demand in China. A backdrop of tight supplies in the U.S. provided further price support, with storage at Cushing, Oklahoma, the delivery point for U.S. crude futures, already at its lowest since July 2022. "Any additional decline would threaten to bring them down to a critical level, which could make further withdrawals difficult," said Commerzbank analyst Carsten Fritsch.
Natural gas futures are lower by 3%, consolidating gains after touching 7-week highs yesterday.
Senator Dianne Feinstein, the trailblazing Democratic power broker who served in the Senate for 30 years, died on Thursday night, according to a family member.
In recent years, Ms. Feinstein, 90, had suffered from frail health and memory issues that made it difficult for her to function alone and prompted calls for her to step down, which she consistently rejected.
Her condition had grown more acute over the past several months, after a bout with shingles that caused serious complications, including a case of encephalitis, and prompted her to begin using a wheelchair in the halls of the Capitol.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
A-list actors are turning their attention to Wall Street, and this time, the plot...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
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