LONDON (Reuters) – One of the world’s biggest traders, Trafigura, booked a $254 million loss from oil and gas market hedges last year, highlighting the challenges traders...
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(Reuters) – Next-day natural gas prices for Wednesday at the Waha hub in West Texas plunged to record negative levels as a...
Roswell Daily Record — A Roswell energy development company has paid almost $400,000 for an oil and gas lease in Lea County,...
Pottawatomie County is a county located in the U.S. state of Oklahoma. As of the 2010 census, the population was 69,442. Its county seat is Shawnee. Pottawatomie County was carved out of land...
U.S. crude rose 30 percent in the first three months of the year. Oil prices draw support in 2019 from efforts by...
By JUDITH KOHLER | The Denver Post–A bill overhauling how oil and gas will be regulated in Colorado won final approval in the...
(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...
Highlight:
Armstrong gets invited to speak to Devon technical about drilling exploratory wells
Walks into room of 75 engineers and asked show of hands how many have ever drilled a dry hole. 2 raise their hand
Follows up asking how many have drilled a commercial shale well
🐐 https://t.co/pZRjIczcgg
— BSB 💣 (@StreetBomber) August 19, 2025
Reuters) - Oil prices fell on Tuesday as traders bet that talks over a possible agreement to legitimize or end Russia's invasion of Ukraine could ease sanctions on Russian crude oil, boosting global supply.
Brent crude futures settled at $65.79 a barrel, down 81 cents, or 1.22%. U.S. West Texas Intermediate crude futures for September delivery, set to expire on Wednesday, finished at $62.35 a barrel, down $1.07, or 1.69%.
"Even with this peace dividend, we have a record short position," said Phil Flynn, senior analyst with Price Futures Group. "Because of the size of the short position, people are betting on a cease-fire and if we don't get one there could be a bounce."
Following a White House meeting on Monday with Ukrainian President Volodymyr Zelenskiy and European allies, U.S. President Donald Trump announced in a social media post that he had spoken with Russian President Vladimir Putin.
Trump said arrangements were being made for a meeting between Putin and Zelenskiy, which could lead to a trilateral summit involving all three leaders.
U.S. stocks finished mostly lower on Tuesday, after a selloff in megacap technology names weighed on the three major indexes ahead of the Federal Reserve’s annual economic symposium in Jackson Hole, Wyo., later this week.
The Dow Jones Industrial Average finished flat at 44,922.27, according to FactSet data. Earlier, the blue-chip index rose to a fresh intraday record, thanks to strong gains in shares of Home Depot Inc.
The S&P 500 fell 37.78 points, or 0.6% to end at 6,411.37.
The Nasdaq Composite slumped 314.82 points, or nearly 1.5% to finish at 21,314.95. It was the largest one-day point and percentage decline for the tech-heavy index since Aug. 1, according to Dow Jones Market Data.
Investors turned cautious ahead of the Federal Reserve's Jackson Hole Economic Policy Symposium on Friday, where Fed Chair Jerome Powell is set to provide insights into the central bank's future monetary-policy decisions.
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
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