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,...
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...
Explosions rocked Tehran early Friday morning, and Israel’s defense minister said his country’s warplanes had carried out an attack on Iran, raising fears of a war between two of the most powerful militaries in the Middle East.
Neither the scale of the attack nor the damage it caused was immediately clear. The strike was expected to prompt swift retaliation from Iran, likely involving a large barrage of ballistic missiles comparable to that Iran fired during similar escalations last year.
U.S. stocks shrugged off earlier weakness on Thursday to post modest gains, helping to bring the three major equity indexes closer to reclaiming record territory.
Investors monitored inflation data, Iran tensions, and trade developments. President Trump said countries should expect letters about tariffs as his early July deadline on a 90-day pause on trade levies nears.
The Dow Jones Industrial Average rose 101.85 points, or 0.2%, to 42,967.62. Boeing Co. shares fell 4.7% after an Air India 787 Dreamliner jet crashed, keeping a lid on the Dow's gains.
The S&P 500 index added 23.02 points, or 0.4%, closing at 6,045.26.
The Nasdaq Composite advanced 46.61 points, or 0.2%, finishing at 19,662.48.
The S&P 500 has been taking baby steps toward reclaiming record levels since crossing back over the 6,000 mark last week. It needs to end above its 6,144.15 record set on Feb. 19.
According to data from the EIA Petroleum Status Report, crude oil inventories in the US fell by 3.644 million barrels in the week ending June 6, 2025, more than market expectations of a 2.5 million barrel decrease.
Also, stocks in the Cushing, Oklahoma, delivery hub decreased by 403 thousand barrels.
Among refined fuels, gasoline stocks rose by 1.504 million barrels and stocks of distillate fuels increased by 1.246 million barrels, both above expectations.
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
The race to lower costs and accelerate production timelines in the Permian Basin has...
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