By: Dimitry Zhdannikov – Reuters – Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the...
By: Avi Salzman – Barrons – Chesapeake Energy, the Oklahoma oil and gas producer that emerged from bankruptcy in February, was Exhibit A...
By: Brandon Evans – S&P Global Platts – Although Bakken natural gas production rebounded over the past year, volumes look to dip...
By: Christopher M. Matthews – WSJ – For years, Exxon Mobil Corp. didn’t have to pay much attention to investors because of its...
By: Reuters – Cabot Oil & Gas Corp (COG.N) and Cimarex Energy Co (XEC.N) on Monday agreed to merge to form a U.S. oil and...
Business Wire – Kayne Anderson Energy Funds is pleased to announce the all-equity consolidation of Casillas Petroleum Resource Partners, LLC, Native Exploration...
By: Ian Palmer – Forbes – Fracking operations are at the center of the shale revolution which has transformed the US energy...
By: Nina Chestney – Reuters – Investors should not fund new oil, gas, and coal supply projects if the world wants to...
By: Michael O’Boyle & Sridhar Natarajan – Bloomberg – It’s a Wall Street nightmare. You score hundreds of millions of dollars on...
By: Eklavya Gupte – S&P Global Platts – Global investment bank JPMorgan Chase, which is one of the largest financiers to the...
U.S. stocks finished higher on Tuesday as investors managed to build on a relief rally from the previous session on hopes that President Donald Trump's reciprocal tariffs — scheduled to take effect on April 2 — could be less aggressive than previously expected.
Investors also shrugged off concerns that U.S. consumers have grown more anxious about the state of the economy amid the escalating trade tensions. On Tuesday, the Conference Board's consumer-confidence index fell further to a more than four-year low of 92.9, from 100.1 in February. Economists polled by the Wall Street Journal had forecast a drop in the index to 93.5.
According to FactSet data, the Dow Jones Industrial Average gained just 0.01%, remaining nearly flat at around 42,587.50.
The S&P 500 rose 9.08 points, or 0.2%, to end at 5,776.65. According to Dow Jones Market Data, the large-cap index rose for three consecutive trading days, logging its best three-day advance since Jan. 23.
The Nasdaq Composite advanced 83.26 points, or 0.5%, to finish at 18,271.86.
Oil futures settled higher on Monday after President Donald Trump said in a Truth Social post that countries that purchase oil from Venezuela will face a 25% tariff on all of their imports to the U.S. starting April 2. He also imposed new tariffs on Venezuela, according to the Associated Press.
The decision to impose tariffs on buyers of crude from Venezuela is "based on the alleged arrival of tens of thousands of Venezuelan migrants with violent backgrounds, which has been presented as a threat to U.S. national security," said Antonio Di Giacomo, a financial markets analyst at XS.
He said the impact on the energy market was immediate. Prices climbed Monday, with the May contract for West Texas Intermediate crude up 83 cents, or 1.2%, to settle at $69.11 a barrel on the New York Mercantile Exchange. May Brent crude settled at $73 on ICE Futures Europe, up 84 cents, or 1.2%.
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...
Have your oil & gas questions answered by industry experts.