NEW YORK- (Reuters) – U.S. and global oil production are set to rise to slightly larger record highs this year than prior...
HOUSTON (Reuters) – Norwegian-headquartered Crown LNG is racing against time to develop and start construction of a liquefied natural gas export plant...
Coterra Energy is set to expand its footprint in the oil-rich Permian Basin, announcing on Wednesday that it will acquire assets from...
We are continuing our new periodic series, “Wildcatter Chronicles,” where Oklahoma Minerals delves into the captivating stories of the pioneering individuals who shaped...
Ring Energy And The Central Basin The Central Basin, a distinctive geological feature within the Permian Basin, occupies a substantial area in...
The surge in water production across the Permian Basin is being met with a rising focus on recycling and reusing that water....
Federal revenue from energy production on public lands and waters fell by 10% in the latest fiscal year, totaling $16.4 billion, according...
By Tsvetana Paraskova for Oilprice.com | Amid Middle East tensions, experts doubt Iran will follow through on threats to close the Strait...
by Bloomberg, via RigZone.com|Bloomberg News | Oil imports into China sank again last month, highlighting soft consumption in the largest buyer just...
The oil & gas rumor mill is getting fired up again as recent industry chatter suggests that Chevron Corporation and Diamondback Energy...
Crude oil futures fell Sunday, after widely-anticipated Israeli airstrikes against Iran did not hit crucial oil facilities.
After initially dropping more than 5%, West Texas Intermediate crude CL00 -4.39% was down 4.2%, to $68.76 a barrel, as of 8:30 p.m. Eastern, while Brent crude BRN00 -4.22% the global benchmark, was down 4% to $72.62.
► Gold prices rallied, approaching $2,800. Global bonds continued to fall as investors speculated about how far and how quickly central banks will cut interest rates.
► Treasury yields rose above 4.2%, impacting the market's liquidity. Rising yields suggest caution among investors as the Federal Reserve hints at a more moderate pace, likely to include a 25-basis-point cut.
► Geopolitical tensions continue to create uncertainty. Macroeconomic indicators reveal a troubling landscape in the housing market, with existing home sales hitting a 14-year low, underscoring the challenges of elevated mortgage rates and persistently high home prices.
► Big Tech earnings are in full swing, and major developments unfolded in the sector, with Qualcomm facing disruption as Arm Holdings cancels a critical chip design license.
► Bitcoin continued its uptrend amid high market volatility as traders sought alternative investments. Meanwhile, Robinhood's acquisition of Bitstamp for $200 million underscores the growth trajectory and potential consolidation within the crypto industry.
In a surprising legal development, the New Mexico Court of Appeals has dismissed a...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
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