By: Clare Duffy – CNN Business – IBM wants to dig more deeply into oil and gas. In partnership with oilfield services...
By: Jenniffer Hiller – Reuters – Oil producers in the top U.S. shale fields are stockpiling drilling permits on federal land ahead...
By: Reuters – Canada’s main crude-producing province Alberta looks to use hydrogen to fuel the expansion of its oil sands without increasing...
By: John Kemp – Reuters – The U.S. oil industry probably passed the low point in the current cycle in July and...
By: Myra P. Saefong – Barrons – Natural gas futures rallied in August, tacking on nearly 50% to their largest monthly percentage...
By: Reuters – Oil and gas companies plunged over $156 billion into corporate takeovers and land deals during the second US shale...
Bloomberg – Oil rose above $43 a barrel in New York, snapping a two-day drop, as China’s economic recovery continued. West Texas...
OKLAHOMA CITY, Aug. 27, 2020,/PRNewswire/ — PANHANDLE OIL AND GAS INC. (NYSE: PHX) (“Panhandle”) today announced that it has agreed to acquire two packages of...
By: Clyde Russell – Reuters – Much of the surge in China’s imports of crude oil in recent months has been provided...
By: Nicole Dienst and Eric Rosenbaum – CNBC – With the coronavirus pandemic slashing demand for the oil and gas that has...
U.S. stocks closed with back-to-back gains on Wednesday, though the Dow Jones Industrial Average erased much of its 1,000-plus-point gain seen earlier in the session after a rally sparked by hopes of easing U.S.-China trade tensions faded.
The Dow Jones Industrial Average rose 419.59 points, or 1.1%, to end at 39,606.57, based on preliminary data. It had jumped by as much as 1,189.13 points to a session high of 40,376.11.
The S&P 500 finished up by 88.10 points, or 1.7%, at 5,375.86.
The Nasdaq Composite rose 407.63 points, or 2.5%, to end at 16,708.05.
Those are the highest closing levels for the S&P 500 and Nasdaq Composite since April 15.
On Wednesday, Treasury Secretary Scott Bessent told reporters there was no unilateral offer from President Donald Trump to reduce tariffs against China. Earlier in the day, the Wall Street Journal reported the Trump administration was considering slashing its tariffs on Chinese goods, but that the president hadn't made a final decision.
Gold suffered its biggest one-day drop in nearly four years Wednesday, raising questions about whether a torrid rally driven by anxiety over President Trump’s trade policies can continue as the administration appeared to take a more conciliatory approach.
The precious metal had climbed in grand scale this year, culminating in a rise past $3,500 an ounce this week, before support for prices appeared to suddenly give way.
Losses for gold intensified Wednesday, with prices down $125.30, or 3.7%, to settle at $3,294.10. Prices marked their largest daily percentage decrease since June 17, 2021, according to an analysis of FactSet data conducted by Dow Jones Market Data.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
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