NEW YORK, Nov 29 (Reuters) – Oil prices edged lower on Friday and posted a weekly decline of more than 3%, pressured...
The owner of the Inglewood Oil Field in Los Angeles County is taking the state of California to court over a law...
By Jarrett Renshaw (Reuters) – U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tariffs...
Thanksgiving Day, 6:42 a.m. The faint glow of sunrise illuminated the empty parking lot of a gas station just outside Stillwater, Oklahoma,...
(Reuters) – Oil prices were little changed on Wednesday, pressured by a large surprise build in U.S. gasoline stocks and worries about...
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Story By Mella McEwen | Midland-Telegram Reporter |Devon Energy has begun detailing the results of a 21-well multi-zone development in Loving County....
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ONEOK, Inc. [OKE.N] and EnLink Midstream, LLC [ENLC.N] have announced that they have executed a definitive merger agreement under which ONEOK will...
ConocoPhillips has recently made headlines with its acquisition of Marathon Oil, a move that could reshape the landscape of the U.S. oil...
Oil prices retreated on Friday as investors weighed expectations of a rise in OPEC+ supply starting in October, alongside dwindling hopes of a hefty U.S. interest rate cut next month, following data showing strong consumer spending.
Brent crude futures for October delivery, which expire on Friday, settled $1.14 lower, or 1.43%, at $78.80 a barrel, marking a decline of 0.3% for the week and 2.4% for the month.
U.S. West Texas Intermediate crude futures settled down $2.36, or 3.11%, to $73.55, a drop of 1.7% in the week and a 3.6% decline in August.
The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, is set to proceed with a planned oil output hike from October, as the Libyan outages and pledged cuts by some members to compensate for overproduction counter the impact of sluggish demand, six sources from the producer group told Reuters.
U.S. stocks ended higher Friday, with the Dow Jones Industrial Average notching a fresh record peak ahead of Labor Day weekend.
The Dow rose 228.03 points, or 0.6%, to close at 41,563.08.
The S&P 500 climbed 56.44 points, or 1%, to finish at 5,648.40.
The Nasdaq Composite advanced 197.19 points, or 1.1%, to end at 17,713.62.
All three major U.S. stock indexes accelerated their climb, approaching the closing bell to finish August with monthly gains.
The Dow rose 1.8% for the month, while the S&P 500 jumped 2.3% and the technology-heavy Nasdaq Composite increased 0.6%, according to Dow Jones Market Data. The Dow and S&P 500 each logged a fourth straight month of gains, as investors on Friday weighed a fresh reading on U.S. inflation that was largely in line with Wall Street's expectations.
The U.S. stock market will be closed Monday in celebration of Labor Day.
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The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
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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...
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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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