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...
Houston Chronicle – Global spending on oil and gas drilling this year is forecast to fall to the lowest level in 15...
S&P Global Platts – Natural Gas is on the move as the massive drawdown in active rigs in Oklahoma’s SCOOP/STACK plays has...
Adrian Hedden – Carlsbad Current Argus – Oil and gas in the Permian Basin could be headed for recovery as prices rebuild...
Bloomberg – Chesapeake Energy is preparing a potential bankruptcy filing that could hand control of one of the leading lights of the...
Barrons – Falling fossil fuel demand coupled with mounting risk for investors could slash the value of oil, gas and coal reserves...
Reuters – U.S. shale oil producers are reversing production cuts as prices recover from historic lows, underscoring shale’s ability to quickly adjust...
Forbes – Oil is back. The collapse in the global oil price at the start of the Coronavirus crisis got many headlines,...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.593 million barrels for the week ending March 14. Analysts had expected a smaller 1.7 million-barrel build.
Oil futures finished with a loss on Tuesday as Russia’s temporary cease-fire on Ukraine’s energy infrastructure lifted the possibility that the U.S. will ease sanctions on the flow of crude from Moscow.
Oil prices gave up early gains on growing tensions in the Middle East following U.S. attacks on Iran-backed Houthi rebels in Yemen over the weekend that threatened to disrupt crude flow in the oil-rich region.
U.S. stocks finished lower on Tuesday, with technology companies dragging down the market ahead of the Federal Reserve's interest-rate decision on Wednesday.
According to FactSet data, the Dow Jones Industrial Average was off 260.32 points, or 0.6%, to end at 41,581.31.
The S&P 500 tumbled 60.46 points, or 1.1% to finish at 5,614.66.
The Nasdaq Composite slumped 304.55 points, or 1.7%, ending at 17,504.12.
All three major stock indexes failed to extend their recovery rally into a third day, resuming their sharp selloff on Tuesday despite a batch of stronger-than-expected economic data.
Construction of new homes rose 11.2% in February as builders coming off a harsh winter ramped up new projects. Industrial production also rose 0.7% last month, above economists’ expectations of a 0.3% advance.
The U.S. central bank is widely expected to hold interest rates steady at a range of 4.25% to 4.50% at the conclusion of its March policy meeting on Wednesday, though policymakers' Summary of Economic Projections should give investors more insight into their outlook for the U.S. economy. The median rate projection in December signaled just two quarter-point rate reductions in 2025.
The Fed will release a policy statement on Wednesday at 2 p.m. Eastern time, followed by Chair Jerome Powell's press conference at 2:30 p.m.
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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