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,...
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...
Oil prices dropped over 4% on Tuesday, with Brent settling at $77.18 and WTI at $73.57 per barrel, primarily driven by news of a potential ceasefire between Hezbollah and Israel. The market remained volatile as conflicting reports emerged. While Hezbollah indicated openness to negotiations, tensions escalated with Israel making new incursions into southern Lebanon and warning residents away from specific buildings in Beirut's suburbs. Analysts noted the market's high sensitivity to headlines, with prices finding some support from concerns about possible attacks on Iranian oil infrastructure.
U.S. stocks finished higher on Tuesday, as technology shares powered a rebound in the broader market, propelling the Nasdaq Composite to its best day in nearly three weeks.
The Dow Jones rose 0.3% to end around 42,080 at 4 p.m. Eastern time, according to preliminary data from FactSet.
The S&P 500 popped nearly 1%, ending near 5,751.
The Nasdaq Composite surged 1.5% to finish around 18,182. The tech-heavy index scored its largest one-day point and percentage gain since Sept. 19.
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
West Texas holds a treasure trove of natural gas that could become a critical...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
The Oklahoma House Energy Committee recently took a hard look at how the Oklahoma...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
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