Story By Sohrab Darabshaw | Via Metal Miner| U.S. President Donald Trump has not been shy about his interest in “purchasing” Greenland,...
Story by Andreas Exarheas| RigZone.com | Donald J. Trump issued a raft of energy orders during his first day as the 47th President...
(Reuters) – Donald Trump’s pick to lead the Interior Department, Doug Burgum, said on Thursday he will vigorously pursue the president-elect’s goals of maximizing...
Canada is weighing its options for retaliating against incoming U.S. President Donald Trump’s proposed tariffs—potentially by restricting the flow of Canadian oil...
By JENNIFER McDERMOTT | AP | Chris Wright, President-elect Donald Trump’s pick for energy secretary, told senators during his confirmation hearing Wednesday that he...
Tsvetana Paraskova for Oilprice.com | Canada has drafted a list of U.S. goods worth billions of dollars that it could tax with...
The Permian Basin continues to dominate the U.S. oil production landscape, while other maturing Lower 48 basins are grappling with stagnation or...
Story by Bloomberg|Mia Gindis | Oil slipped from a five-month high as Hamas and Israel tentatively agreed to a cease-fire, cooling a rally fueled...
Langford Energy Partners (LEP), a private oil and gas operator, has announced the purchase of significant Midland Basin assets from Murchison Oil...
By Jonathan Saul | LONDON (Reuters) – At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts...
(Reuters) - Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran because of Western sanctions and expected higher Chinese demand.
Brent crude futures settled at $77.05 a barrel, up 75 cents, or 0.98%. U.S. West Texas Intermediate (WTI) crude finished at $74.25 a barrel, up 69 cents, 0.94%.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.022 million barrels for the week ending January 3. Analysts had expected a 250,000 barrel draw. For the week prior, the API reported a draw of 1.442-million-barrel in U.S. crude oil inventories in the midst of build season.
U.S. stocks finished lower on Tuesday as Treasury yields spiked after a pair of strong economic reports dampened hopes for aggressive Federal Reserve interest-rate cuts this year.
The Nasdaq Composite tumbled 375.30 points, or 1.9%, to end at 19,489.68. The tech-heavy index suffered its worst day since Dec. 18, according to Dow Jones Market Data.
The S&P 500 was off 66.35 points, or 1.1%, to finish at 5,909.03.
The Dow Jones Industrial Average fell 178.20 points, or 0.4%, ending at 42,528.36. It was the worst day for the blue-chip index since Dec. 30, according to Dow Jones Market Data.
A sharp selloff in the government-debt market weighed on U.S. technology stocks on Tuesday after the December ISM services and November job-openings reports beat consensus, leading markets to dial back their expectations for rate cuts this year.
The yield on the 10-year Treasury note jumped nearly 7 basis points to 4.684% on Tuesday afternoon, the highest since April 25 of last year. The 30-year rate spiked over 7 basis points to 4.91%, the highest since November 2023, according to Dow Jones Market Data.
"I think there's a level at which rates rise enough that investors begin to worry that it hurts the entirety of the equity market because it hurts the economy more," said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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