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...
By: Sami Sparber – The Texas Tribune – Republican Jim Wright defeated Democrat Chrysta Castañeda in the race for Texas Railroad Commissioner,...
The energy sector is off to a mixed to lower start, weighed down by mild weakness in the crude complex but supported by strength in the major equity futures which were slightly higher as investors looked ahead to U.S. midterm elections.
WTI and Brent crude oil futures continued to slide lower, weighed down by recession concerns and worsening COVID-19 outbreaks in China that heightened fears of lower fuel demand. Traders are also eyeing the next round of settlement reports which analysts expect to show U.S. crude oil stockpiles rose last week while distillate and gasoline inventories were seen dropping. Market participants will also be eyeing U.S. CPI data on Friday, given high inflation and rising interest rates highlight the possibility of a global economic recession.
Natural gas futures turned lower this morning, retreating following two-consecutive days of heavy gains that brought futures to highs last seen in mid-September. Traders are eyeing the weekly storage report as the next major catalyst. Consensus for EIA weekly storage data due Thursday has a build of +84 Bcf vs the 5-year average of +20 Bcf. Europe's TTF was up +8% in early trading following declines in the prior three sessions.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The race to lower costs and accelerate production timelines in the Permian Basin has...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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