Oil could fall below $20 a barrel and “stock markets could easily shed another 30-40% of their values,” one analyst said. The...
Reuters – For the last five years, U.S. shale oil producers have been battling suppliers for lower costs and running equipment and...
Midland Reporter-Telegram – Two more Houston energy companies slashed spending and dividends Thursday after oil prices crashed earlier this week. Apache Corp....
CNBC – Oil dropped as much as 8% on Thursday as crude continues to take a hit on both the supply and...
By: Jack Money The Oklahoman – Pandemic fears and a global energy war are poised to wreak havoc on Oklahoma’s oil and...
Financial Post – Chevron said it is looking at ways to cut spending, which could lead to lower near-term oil and gas...
The Washington Post – Wall Street was under siege Monday as a coronavirus-fueled oil war sent crude prices plummeting more than 20...
The Dallas Morning News – Dallas City Hall owes gas driller Trinity East Energy $44.5 million — and counting. That’s according to...
Bloomberg – Troubled oil and gas companies may have a hard time persuading their banks to keep extending credit as the outlook...
EIA – U.S. natural gas consumption increased by 3% in 2019, reaching a record of 85.0 billion cubic feet per day (Bcf/d), according...
Oil futures ended with losses Friday, turning lower on the week, as crude continued to struggle to break out of a sideways trading pattern.
The U.S. stock market struggled Friday, with the Dow Jones Industrial Average seeing its biggest weekly drop since October as investors assessed a survey showing consumer sentiment soured.
The Dow Jones tumbled 748.63 points on Friday, or 1.7%, to close at 43,428.02.
The S&P 500 dropped 104.39 points, or 1.7%, to finish at 6,013.13.
The Nasdaq Composite slumped 438.36 points, or 2.2%, to end at 19,524.01.
The Dow has now wiped out all its post-inauguration gains, according to Dow Jones Market Data. A survey from the University of Michigan found that consumer sentiment has dropped and consumers have increased their inflation expectations on tariff worries. Other economic data released Friday raised investor concerns over a decline in U.S. services activity in February.
For the week, the Dow retreated 2.5%, the S&P 500 fell 1.7% and the technology-heavy Nasdaq dropped 2.5%. The Dow saw its worst week since the stretch ending Oct. 25, according to Dow Jones Market Data.
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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