(Bloomberg) — Oil producers in the Permian Basin and elsewhere could soon find themselves facing the oilfield equivalent of trying to walk...
Source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production As domestic production continues to increase, the average density of crude oil...
SEATTLE, Oct. 12, 2018 /PRNewswire/ — JND Class Action Administration – Citation Oil and Gas Corp. The Settlement Class includes: All non-excluded owners of a...
U.S. natural gas supply report. Source: U.S. Energy Information Administration, Natural Gas Monthly, September 2018 In the first half of 2018, U.S. natural gas...
Stay updated on oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. Baker Hughes...
OKLAHOMA CITY (TNS) — Six Oklahomans made the prestigious Forbes 400 list of wealthiest Americans, while one recently cracked the list of...
DENVER, Oct. 2, 2018 /PRNewswire/ — LongPoint Minerals II, LLC (LongPoint II) announced the closing of its capital raise totaling over $846 million with an anchor equity...
Cenovus Energy Inc. Chief Executive Officer Alex Pourbaix was in his office in downtown Calgary, Canada in late August when he checked his...
In the previous article hopefully, I prompted an appreciation for sand, particularly the silica sand used for hydraulic fracturing of most wells...
For a number of reasons, the US inventory of drilled-but-uncompleted wells (DUCs) has swelled from almost 4,300 to more than 8,200 in...
Oil futures finished higher on Friday, with news of tighter U.S. sanctions on Iran and Russia having the potential to disrupt global crude supplies.
U.S. crude prices gained for the week—their first in eight weeks—as traders continued to monitor rising trade tensions and their impact on the economy and oil demand.
-- West Texas Intermediate crude climbed 63 cents, or nearly 1%, to settle at at $67.18 a barrel on the New York Mercantile Exchange. According to Dow Jones Market Data, Prices increased by 0.2% for the week based on the front-month contract.
-- May Brent crude rose 70 cents, or 1%, to $70.58 a barrel on ICE Futures Europe. It tacked on 0.3% for the week.
-- April gasoline added 0.7% at $2.1487 a gallon, up 1.9% for the week, while April heating oil rose 0.2% to $2.1666 a gallon, but posted a weekly loss of 2.2%.
-- Natural gas for April delivery settled at $4.104 per million British thermal units, down 0.2% for the day and losing 6.7% for the week.
The U.S. stock market closed sharply higher on Friday in a big, broad rebound to mark the end of a bruising week that saw the S&P 500 land in correction territory amid tariff worries.
The S&P 500 climbed 117.42 points on Friday, or 2.1%, to finish at 5,638.94.
The Dow Jones Industrial Average rallied 674.62 points, or 1.7%, to close at 41,488.19.
The Nasdaq Composite jumped 451.07 points, or 2.6%, to end at 17,754.09.
For the week, the Dow fell 3.1%, the S&P 500 shed 2.3% and the technology-heavy Nasdaq dropped 2.4%. The Dow booked its biggest weekly loss since March 2023, while the S&P 500 and Nasdaq each dropped a fourth straight week for their longest losing streaks since August, according to Dow Jones Market Data.
Most of the contiguous US will face severe weather today and tomorrow as a vast low-pressure system moves east across the continent, bringing heavy precipitation, potential tornadoes, and wildfire conditions. The National Weather Service’s Storm Prediction Center issued a moderate risk (level 4 of 5) for severe thunderstorms alert, a rare call made three days in advance (the first in three years).
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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