(Bloomberg) — The complex web of U.S. pipelines, tanks and export terminals that’s helped make America the world’s top crude oil producer...
Helium – BY RON DUNGAN -SIERRA – The high desert of northern Arizona was once a tropical forest, home to large animals with...
Jordan Blum – Houston Chronicle –The nation’s biggest energy players, Exxon Mobil and Chevron, are emerging as the biggest competitors in the...
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EDDY COUNTY, NEW MEXICO (Reuters) – In New Mexico’s Chihuahuan Desert, oil major Exxon Mobil Corp is building a massive shale oil...
By Will Anderson – Managing Editor, Austin Business Journal | Bud Brigham, who has sold two oil companies this decade for a combined $6.8 billion,...
By Rob Ruth – The Argus Observer – – PAYETTE COUNTY — A class action suit filed in Payette County challenges gas...
In the last two months of 2018, the U.S. Gulf Coast exported more crude oil than it imported. Monthly net trade of...
U.S. natural gas production rose 11% or by 10 billion cubic feet per day in 2018, from 2017, and the growth was...
NEW YORK/HOUSTON (Reuters) – Occidental Petroleum Corp has emerged as one of the biggest exporters of U.S. shale oil, rivaling large trading...
U.S. stocks ended lower on Friday after President Donald Trump threatened to impose a 35% tariff on imports from Canada, with investors concerned about more potential tariff announcements over the weekend.
The Dow Jones Industrial Average went down 279.13 points or 0.6% to end at 44,371.51 on Friday, snapping back-to-back gains, according to Dow Jones Market Data. The index ended 457.02 points, or 1% lower for the week, snapping a three-week winning streak.
The S&P 500 fell 20.71 points or 0.3% to close at 6259.75, also snapping back-to-back gains. The index lost 19.60 points or 0.3% this week, snapping a two-week winning streak.
The Nasdaq Composite declined 45.14 points or 0.2% to finish at 20,585.53. It was down 15.57 points or 0.08% for the week.
(Reuters) - Oil prices fell more than 2% on Thursday, as investors weighed the potential impact of U.S. President Donald Trump's tariffs on global economic growth.
Brent crude futures settled at $68.64 a barrel, down $1.55, or 2.21%. U.S. West Texas Intermediate crude finished at $66.57 a barrel, down by $1.81, or 2.65%.
On Wednesday, Trump threatened Brazil, Latin America's largest economy, with a punitive 50% tariff on exports to the U.S., pressuring his Brazilian counterpart Luiz Inacio Lula da Silva over Brazil's trial of former President Jair Bolsonaro over charges of plotting a coup to stop Lula from taking office in 2023.
Higher interest rates make borrowing more expensive and can slow demand for oil.
OPEC+ oil producers are set to approve another big output boost for September, as they complete unwinding voluntary production cuts by eight members and the United Arab Emirates' move to a larger quota.
However, OPEC+ indicated it may pause output hikes in October because of a possible peak in oil demand, said Phil Flynn, senior analyst with Price Futures Group.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
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....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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