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 energy sector is off to a higher start, supported by strength in the underlying commodities and in the major equity futures. U.S. stock index futures edged higher on optimism that a deal to avoid a catastrophic U.S. debt default could be reached over the weekend.
WTI and Brent crude oil futures are trading higher as investors turned cautiously optimistic over the fading risk of a U.S. debt default. Sentiment has remained mixed as investors weigh optimism over the avoidance of a U.S. debt default against inflation data that could portend more interest rate hikes from global central banks. However, Middle East crude prices in Asia fell to their lowest level in months, despite OPEC+ production cuts, as Asian refiners held back spot purchases and China and India binged on cheap Russian oil.
Natural gas futures are extending gains for the second-straight session on a smaller-than-expected U.S. storage build and as wildfires kept gas exports from Canada near a 25-month low.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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