The wild tale of America’s energy revolution, and the cowboy who made and lost billions on shale.
(Bloomberg) — The price to access unexplored shale assets on the New Mexico side of the Permian Basin soared to $95,001 an...
Stay updated on oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. U.S. benchmark...
Argus Media is reporting that US independent producers are stepping up hedging of oil and natural gas production as a safety net...
U.S. oil and gas companies are beginning to open their wallets wider given higher commodity prices. According to a report out last week from...
LONDON (Reuters) – Oil prices rose on Monday, supported by concerns that falling output from Iran will tighten markets once U.S. sanctions...
Stay updated on oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. The US...
OKLAHOMA CITY – St. Gregory’s University sold off a chunk of its assets and mineral rights for about $10.2 million in a...
The SCOOP (South Central Oklahoma Oil Province), like the STACK, lies in the Anadarko Basin, adjacent to and southeast of the popular...
For Marathon Oil, the primary focus in Oklahoma has been delineation and leasehold protection in the Meramec play in the STACK and...
U.S. crude oil closed below $60 per barrel on Tuesday, the lowest level in four years as traders fear that President Donald Trump's sweeping tariffs will trigger a full-blown, global trade war.
U.S. crude oil lost $1.12, or 1.85%, to close at $59.58 per barrel, the lowest level since April 2021. Global benchmark Brent fell $1.39, or 2.16%, to settle at $62.82 per barrel.
The U.S. benchmark rose much as 1.7% earlier in the session, but pulled back as Trump's China tariffs loom over the market. Prices are down more than 15% since last Wednesday when Trump announced the new round of import taxes.
Helima Croft, global head of commodity strategy at RBC Capital Markets, said the oil market faces a "toxic cocktail" of recession fears due to Trump's tariffs and OPEC+'s decision to bring more barrels back to the market.
U.S. stocks finished sharply lower Tuesday following a volatile session. The S&P 500 and the Dow Jones Industrial Average extended their declines to a fourth day after the White House confirmed that President Donald Trump is still set to impose 104% tariffs on all Chinese imports on Wednesday.
The Dow Jones Industrial Average fell 320.01 points, or over 0.8%, to end at 37,645.59, according to FactSet data.
The S&P 500 was off 79.48 points, or 1.6%, to finish at 4,982.77.
The Dow and the S&P 500 were down for four consecutive trading sessions and saw their worst four-day percentage declines since March 2020.
The Nasdaq Composite slumped 335.35 points, or nearly 2.2%, ending at 15,267.91.
U.S. stocks staged a sharp relief rally on Tuesday morning in hopes that Trump would ease tariffs on major trading partners. The Dow rose by as much as 1,461 points, or 3.9%, while the S&P 500 and the Nasdaq each popped over 4% in morning action before erasing all their gains in the afternoon.
According to Dow Jones Market Data, the large-cap benchmark S&P 500 suffered its largest blown percentage gain since 2008, while the tech-heavy Nasdaq saw its worst blown gain in over 40 years.
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 Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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