Bloomberg – While OPEC has helped global oil markets recover from the coronavirus crisis, the cartel will soon face a new challenge:...
Forbes – As our energy-environment discussion marches on amid the pandemic, one of our biggest concerns must be that temporary fallen demand...
The Oklahoman – Unit Corp. files BK. – The energy pricing shock caused by an economic shutdown because of the COVID-19 pandemic...
Bloomberg – Oil prices have surged more than 75% in the U.S. this month. But don’t expect a quick rebound in supply from shale...
The Oklahoman – Oklahoma is a state that has learned how to live through boom and bust. While we are constantly working...
Reuters – Royalty checks from shale oil pumped on Paul Ruckman’s land allowed the South Texas retiree to build a six-bedroom, seven-bathroom...
Reuters – Continental Resources, one of the largest U.S. shale oil producers, on Wednesday urged North Dakota energy regulators to intervene in the...
Midland Reporter-Telegram – U.S. operators have been slashing production in response to the collapse in both oil demand and oil prices. Those...
Forbes – As with seemingly every other aspect of the COVID-19 pandemic, the fallout and recovery related to the U.S. oil and...
Reuters – A month after sellers had to pay nearly $40 a barrel to get rid of U.S. oil futures, the next...
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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