Bloomberg – Global commodity trade plunged deeper into chaos as Chinese companies started walking away from purchase contracts because of the spread...
Offshore Technology – Oilfield services company Baker Hughes and artificial intelligence (AI) software provider C3.ai have launched an AI-based application that allows...
Pittsburgh Business Times – Chevron Corp. Chairman and CEO Michael Wirth said the oil and gas giant entered the Marcellus Shale at a...
Bloomberg – The world’s three biggest oil-market forecasters are split on what’s going to happen with supply and demand this year —...
Bloomberg – Chinese oil demand has dropped by about three million barrels a day, or 20% of total consumption, as the coronavirus squeezes the...
WVNews — A trio of bills relevant to West Virginia’s oil and gas industry were advanced by Senate committees on Thursday. The...
Houston Chronicle – Gradiant Energy Services CEO Danny Jimenez wants to change how the oil and natural gas industry handles the hundreds...
Reuters – At Exxon Mobil Corp (XOM.N), CEO Darren Woods’ plan to revive earnings at the largest U.S. oil and gas company...
S&P Global Platts – Producers in the New Mexico portion of the Permian Basin have shown resiliency amid depressed commodity prices and...
Robert Rapier – Forbes – Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and...
🛢️ Who really drives oil demand?
Just 2 countries burn 35% of the world’s crude.
This map is the demand side of the oil market.
In a world near 100M bpd of consumption, a handful of countries decide whether the market feels tight or oversupplied.
The scoreboard (million bpd,… pic.twitter.com/u3MedTmjHp
— Jack Prandelli (@jackprandelli) December 26, 2025
Texas Governor Greg Abbott has congratulated the Texas Legislature for passing House Bill 14, saying it will help revolutionize Texas’ energy sector and cement the state’s role in leading a nuclear power renaissance in the United States.

Major Indices | The S&P 500 closed down 0.03% at 6,929.94, though it reached a new intraday high of 6,945.77 earlier in the session. The Nasdaq Composite slipped 0.09% to close at 23,593.10, while the Dow Jones Industrial Average fell 20.19 points, or 0.04%, settling at 48,710.97.
Weekly Performance Despite today's modest declines, the S&P 500 posted a strong weekly gain of 1.4%, marking its fourth weekly advance in five weeks. Both the Dow and Nasdaq also gained more than 1% for the week.
Market Context Trading volume was light today as markets reopened after Christmas Day. Analysts noted that with limited corporate earnings reports and economic data during this period, trading was primarily driven by technical factors and positioning. The session fell within the traditional "Santa Claus rally" period.
Commodities Gold futures hit a new all-time intraday high of $4,579.60 per ounce, heading for its 54th record close in 2025. Silver futures also reached a new all-time intraday high of $76.15 per ounce.
With just three trading sessions remaining in 2025, the S&P 500 is approaching the 7,000 milestone, sitting about 1% below that level.
Story by Andreas Exarheas | RigZone.com | In its latest short-term energy outlook (STEO),...
by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey...
🔲 Regime change in Venezuela could reshape global oil flows, giving the U.S. renewed...
The history of the global oil and gas industry is inextricably linked to the...
Baker Hughes and Hunt Oil Company have signed a joint framework agreement aimed at...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to...
Two authoritative outlooks are shaping the 2026 oil narrative, pointing in different directions. On...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio,...
🎄The holiday season exposes how tight diesel markets really are. ⛽️Diesel demand during Christmas...
The Energy as a Service (EaaS) market is projected to double to over $55...
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