By: Reuters – Goldman Sachs raised its forecast for year-end Brent crude oil prices to $90 per barrel from $80, as a...
By: Bozorgmehr Sharafedin – Reuters – Oil prices extended gains on Thursday, riding higher on growing fuel demand and a bigger-than-expected draw...
By: Jeff Barron – EIA – Crude oil inventories in Cushing, Oklahoma, totaled 32.9 million barrels (excluding pipeline fill and stocks in...
By: Dave Kolpack – AP – The latest bout of legal wrangling over the collection of North Dakota oil and gas royalties...
By: Ron Busso – Reuters – Deep in the Oman desert lies one of BP’s more lucrative projects, a mass of steel...
(Reuters) – Top U.S. shale oil producer Pioneer Natural Resources Co has put its assets in the Delaware Basin of Texas on...
By: Arathy Nair – Reuters – U.S. energy producers have cut so deeply into a once-large reserve of oil wells waiting to...
By: Drew Costley – AP – Los Angeles County supervisors voted unanimously Wednesday to phase out oil and gas drilling and ban...
By: Rachel Treisman – NPR – Harvard University says it will end its investments in fossil fuels, a move that activists —...
By: David French – Reuters – GeoSouthern, a U.S. natural gas exploration and production company backed by Blackstone Inc’s credit investment arm,...
The U.S. stock market ended sharply lower Friday, in a broad selloff that saw the Dow Jones Industrial Average fall almost 700 points.
The Dow Jones closed 1.6% lower, while the S&P 500 slumped 1.5% and the technology-heavy Nasdaq Composite dropped 1.6%, according to preliminary data from FactSet. All three indexes ended Friday with back-to-back weekly declines as investors weighed a jobs report that was hotter than Wall Street anticipated.
In the bond market, Treasury yields rose Friday after a stronger-than-expected employment report. The yield on the 10-year Treasury note climbed Friday to 4.772%, the highest level since Nov. 1, 2023 based on 3 p.m. Eastern time levels, according to Dow Jones Market Data.
For the week, the Dow fell 1.9%, the S&P 500 dropped 1.9% and the Nasdaq shed 2.3%, the preliminary data from FactSet showed.
The U.S. added a bigger-than-expected 256,000 new jobs in December, but most of the increase was concentrated in just a few industries and there was little sign of reheating in a gradually cooling labor market. U.S. unemployment rate drops to 4.1% in December from 4.2%
Economists polled by The Wall Street Journal had forecast an increase of 155,000 new jobs in December.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
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...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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