By Becky Yerak, The Wall Street Journal ~ Arena Energy LP has filed for bankruptcy with a plan to sell virtually all...
By: David Blackmon – Forbes – Just when you thought 2020 could not get any worse for the oil and gas industry,...
by JACK MONEY, THE OKLAHOMAN ~A federal judge ordered Sunoco Logistics to pay interest and punitive damages totaling about $155 million on nearly...
OKLAHOMA CITY (AP) – After initial charges were filed in May, a federal grand jury in Oklahoma City has indicted three men, accusing...
By: Kevin Crowley – Bloomberg – Malaysia’s state-backed oil company Petroliam Nasional Bhd. has had preliminary talks about buying Permian Basin shale driller DoublePoint...
By: S&P Global Platts – With the US’ 2020 presidential election less than three months away, Cimarex’s drilling plans could change if...
By Haley Samsel – Fort Worth Star-Telegram – Thanks to a partnership with a geoscientist in the Permian Basin, a family-owned oil...
Hellenic Shipping News – The embattled, but resilient Permian Basin quickly evolved from a glut of oil to a glut of excess...
Reuters – Oil prices steadied on Monday as news that China planned to ship large volumes of U.S. crude in August and...
By Katie Watkins – Houston Public Media – Oil and gas producers in Texas are set to face fewer regulations on greenhouse...
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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