Oil Markets Oil prices fell on Friday, weighed down by a drop in the U.S. equities market, but Brent still marked a...
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Anytime Iran and the United States trade threats, global oil markets snap to attention. The reason is the narrow stretch of water...
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Panhandle Oil and Gas Inc. will fork over $9 million to acquire mineral rights and producing oil and gas wells in North...
HOUSTON (Reuters) – The world’s largest oil companies are pumping more natural gas than ever before, helping to spur a rise in...
Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. Oil Markets Oil prices are rising Monday amid an...
That’s not a typo. It’s the truth about the world’s most dynamic energy superpower, and what the Eagle Ford and Permian Basin have done...
Investopedia – by Gary Ashton ~ Oil had another bumpy week and closed 3.2% lower, with Monday making up most of the weekly...
Linn Energy Inc. subsidiary Blue Mountain Midstream LLC has commissioned part of its Chisholm Trail III cryogenic processing plant in Grady County,...
The Israeli military said on Saturday that it had killed Hassan Nasrallah, the longtime leader of Hezbollah, in an airstrike on the organization’s underground headquarters near Beirut on Friday. Hezbollah has not commented on the Israeli claim.
The announcement came after Israeli forces launched a series of new airstrikes in the same Hezbollah-dominated area, known as the Dahiya, sending more residents fleeing for safety. Israel’s military said the strikes were intended to destroy Hezbollah weapons caches.
The U.S. stock market closed mixed Friday, with the Dow Jones Industrial Average finishing at a record peak after investors parsed fresh data showing inflation continued to cool in August.
The Dow Jones rose 137.89 points on Friday, or 0.3%, to close at 42,313, notching its 32nd record close of the year.
The S&P 500 slipped 7.2 points, or 0.1%, to finish at 5,738.17.
The Nasdaq Composite shed 70.70 points, or 0.4%, to end at 18,119.59.
For the week, the Dow and S&P 500 each gained 0.6% while the technology-heavy Nasdaq climbed 1%. All three major U.S. stock benchmarks booked a third straight week of gains.
On Friday, destruction from Tropical Storm Helene stretched nearly 800 miles from South Florida into the mountains of Appalachia. The huge storm spawned flash floods and mudslides on its dash inland after bashing the Gulf Coast.
In the densely populated Tampa Bay region, neighborhood after neighborhood was underwater, resulting from a powerful storm surge. And across North Carolina, over two million people were under flash flood warnings at midday Friday.
In a surprising legal development, the New Mexico Court of Appeals has dismissed a...
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By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
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