By: Ed Hirs – Forbes – When does $9 equal $40? When the alchemists in the oil patch present their numbers to...
By: Jack Money – The Oklahoman – The three-member Oklahoma Corporation Commission on Wednesday denied a request to limit the amount of...
Houston Chronicle – Most analysts predict the oil price crash that has led to steep losses, thousands of layoffs, and a growing...
By: Jack Money – The Oklahoman – Congress is being lobbied to consider economic stimulus packages for energy industry states, including Oklahoma....
By: Albert Wynn – Bloomberg Law – We put natural gas in the spotlight as the nation has begun reopening state by...
Forbes – Much has been reported about the many impacts the COVID-19 pandemic has had on the U.S. oil and gas industry,...
Forbes – Oil service companies are struggling as French giant Schlumberger announced on Wednesday that it will book a $1.4 billion charge against its...
Roger Conrad – Forbes – The whole thing took almost a year and a half from start to finish. But Atlantic Coast...
By: Christopher M. Matthews and Andrew Scurria – The Wall Street Journal – Banks are slashing credit lines to shale drillers, as...
Houston Chronicle – More than 100,000 U.S. oil and gas jobs have been lost during the economic downturn brought on by the...
The Federal Reserve reduced interest rates by a quarter percentage point Wednesday and scaled back the number of cuts it expects to make next year.
In a split vote, the central bank voted to reduce its benchmark interest rate by 25 basis points to a new range of 4.25%-4.5%, initiating its third consecutive rate cut of 2024 despite signs that inflation isn’t entirely going away.
The recent dip in oil prices, attributed to demand concerns arising from economic updates from Germany and China, highlights the ever-changing dynamics in the global energy market. With Brent and WTI crude prices falling to their lowest in a week, this movement underscores the sensitivity of oil markets to geopolitical and economic signals.
Brent Crude February futures fell 1% to $73.19 a barrel, the lowest since December 10. US crude futures due in January fell 0.9%, or 63 cents to $70.08 a barrel.
That puts both crude benchmarks on track for their lowest closes since Dec. 10 and cut the premium of Brent over WTI to a 12-week low of $3.56 a barrel, based on the February contracts.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans...
In the wake of President Donald Trump’s re-election in November 2024, his administration swiftly...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
Over the past two decades, the U.S. shale revolution has dramatically transformed the global...
In a stark reminder of the volatile energy landscape and the relentless drive for...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
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 Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
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,...
Have your oil & gas questions answered by industry experts.