David Gaffen, (Reuters) The oil industry has been hit by a simultaneous demand and supply shock in March as the coronavirus pandemic...
Bloomberg – The American shale industry shocked the world with its rebound after the 2014-2016 bust, setting records for output that pushed...
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Journal Record – Oklahomans who filed 17,720 initial claims for unemployment benefits last week shattered a nearly 30-year-old record. The previous record...
Reuters – Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus destroyed demand...
Forbes – As the domestic oil and gas industry moves into what will likely become one of the worst busts in modern...
CNBC – Oil prices rose on Tuesday on hopes that the United States will soon reach a deal on a $2 trillion coronavirus aid...
WSJ – Just weeks ago, Occidental Petroleum Corp. Chief Executive Vicki Hollub sought to reassure investors that her bold bet on U.S....
Reuters – Oil prices gave back early gains to turn negative on Friday, even as the world’s richest nations poured unprecedented aid into...
Forbes – When it rains it pours. International and domestic oil and gas markets and prices are under heavy pressure from COVID-19 impacts and...
The Dow Jones Industrial Average closed at its highest level of the year, while the S&P 500 carved out another record, amid hopes that the U.S. can reach more trade deals and Alphabet Inc.'s earnings will come in strong.
According to Scott Helfstein, head of investment strategy for the provider of exchange-traded funds known as Global X, "there is still room to move higher if earnings beat expectations.''
The Dow Jones Industrial Average rose 507.85 points, or 1.1%, to end at 45,010.29, based on preliminary data. It finished just 3.75 points away from its record closing high of 45,014.04, reached on Dec. 4.
The S&P 500 advanced 49.33 points, or almost 0.8%, to close at 6,358.95 for its 12th record high of the year.
The Nasdaq Composite rose 127.33 points, or 0.6%, to finish at 21,020.02.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, noting that inventories declined by 577,000 barrels in the week ending July 18.
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
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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