CNBC – Oil and gas majors are likely to report “horrendous” second-quarter results over the next two weeks, energy analysts have told...
By: Bryan Gruley, Kevin Crowley, Rachel Adams-Heard, and David Wethe – Bloomberg – Twenty years ago, before the U.S. oil industry became...
Houston Chronicle – Banks are selling off loans and cutting credit lines to oil and gas companies to reduce their risk of...
By: Clifford Krauss – The New York Times – In the first big deal since oil prices crashed four months ago, Chevron...
Reuters – A U.S. Supreme Court decision recognizing about half of Oklahoma as Native American reservation land has implications for oil and...
NRDC – Montana’s Senator Jon Tester (D) announced today his intent to introduce the Leasing Market Efficiency Act, that would close an oil and...
Janet Wilson and Mark Olalde – Desert Sun – California Resources Corp., the state’s largest oil and gas production company with more...
Rystad Energy – The COVID-19 pandemic has stymied oil and gas activity, a phenomenon that has now affected the drilling market both...
Mike Wittner – The ICE – The world oil market is in the midst of a massive collapse in demand, driven by...
Bethany Blankley – The Center Square – The push to bring more economic development to the Appalachian region of western Pennsylvania, West...
U.S. stocks finished mostly higher in a choppy session on Tuesday ahead of the release of a critical inflation report that could decide how much further the Federal Reserve will cut interest rates in 2025.
The Nasdaq Composite fell 0.2% to end near 19,044, according to preliminary data from FactSet. The tech-heavy index slid for a fifth straight session. The S&P 500 was up 0.1% to finish around 5,842, while the Dow Jones Industrial Average popped over 200 points, or 0.5%, ending near 42,518.
U.S. stocks wobbled for most of the trading session on Tuesday despite an early boost from a tamer-than-expected reading of the producer-price index for December.
The wholesale inflation data did offer investors some relief from a string of elevated inflation in the final months of 2024, but markets will wait for further confirmation from the CPI report due out Wednesday morning to see if the Fed is succeeding in bringing inflation close to its 2% target.
Investors are also awaiting quarterly earnings from some of the biggest banks and financial firms this week, with JPMorgan Chase, Wells Fargo, Citigroup and BlackRock set to report results on Wednesday.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
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,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
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...
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