By: Starr Spencer – S&P Global Platts – The twin challenges of low oil prices and uncertain demand recovery that has resulted...
By: Bloomberg – Chevron’s willingness to keep a foothold in oil-rich Venezuela will now be a thorny political issue for President-elect Joe...
By: Valerie Volcovici, Nichola Groom – Reuters – A top contender to lead the U.S. Interior Department under Democratic President-elect Joe Biden...
By: Evan Onstot – KOCO – A Bureau of Labor Statistics chart says it all, Oklahoma was hit hard by the massive...
By: Paul Takahashi – Houston Chronicle – Eric Huffman remembers a time not long ago when prospectors paid a hefty premium for...
By: Camille Erickson – The Fairfield Sun Times – Gov. Mark Gordon launched an economic stimulus program on Wednesday to help the...
By: Avi Salzman – Barrons – Oil and gas stocks would almost certainly be better off under four more years of President...
By: David Blackmon – Forbes – Assuming that the various challenges being filed by President Donald Trump this week to election results...
By: Ken Childers – Okemah News Leader – A U.S. Supreme Court ruling that altered the jurisdictional landscape of much of eastern...
By: White & Case LLP – JDSupra – The oil and gas sector has been one of the hardest hit by COVID-19...
Oil futures finished higher Thursday, a day after the U.S. benchmark saw its lowest settlement of the new year, as traders continued to weigh the possibility that President Donald Trump will implement tariffs on Canada and Mexico, which are among the biggest sources for U.S. oil imports.
Traders also looked ahead to an upcoming meeting of ministers from OPEC+ - made up of the Organization of the Petroleum Exporting Countries and its allies - and their possible response to President Trump's recent call for increased production.
🟢 West Texas Intermediate crude CL00 for March delivery CL.1 CLH25 edged up by 11 cents, or nearly 0.2%, at $72.73 a barrel on the New York Mercantile Exchange. The front-month WTI contract ended Wednesday at its lowest since Dec. 31.
🟢 March Brent crude BRNH25, the global benchmark, rose 29 cents, or 0.4%, at $76.87 a barrel on ICE Futures Europe. The more actively traded April contract BRN00 BRNJ25 settled at $75.89 a barrel, up 28 cents, or 0.4%.
🟢 February gasoline RBG25 tacked on nearly 0.1% to $2.04 a gallon, while February heating oil HOG25 added 0.9% to $2.48 a gallon.
🔴 Natural gas for March delivery NGH25 settled at $3.05 per million British thermal units, down 3.9%, after gaining 1.5% Wednesday.
U.S. stocks closed higher Thursday despite a brief late-session pullback, as investors waited for President Trump to potentially deliver an announcement on the tariff front.
The Dow Jones Industrial Average added 168.61 points, or 0.4%, to end at 44,882.13, or 0.3% away from its record close on Dec. 4, according to Dow Jones Market Data.
The S&P 500 index gained 31.68 points, or 0.5%, closing at 6,071.17, and the Nasdaq Composite added 49.43 points, or 0.3%, finishing at 19,681.75.
Shares of megacap tech companies were still mixed for the week after a sharp rout on Monday that hammered Nvidia Corp.
Focus also was on more tech earnings on deck after the bell, with investors taking in stride the Federal Reserve's latest message of being in no rush to cut interest rates further.
The Nasdaq briefly turned negative heading into the closing bell, as investors reacted to comments from Trump about him potentially making a decision soon to apply harsh tariffs on Canada and Mexico on Feb. 1.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
Have your oil & gas questions answered by industry experts.