Devon Energy Corporation (NYSE: DVN) has assets in the very best North American resource plays and a deep inventory of opportunities. After initiating...
BHI revealed a weekly climb in the number of active U.S. rigs drilling for oil–the sixth-weekly climb in seven weeks.The number of...
Back in January of this year, Luxe Energy LLC announced it had acquired about 18,000 net acres in the core of the...
The number of rigs exploring for oil and natural gas in the U.S. increased by nine this week to 440. A year...
The number of rigs exploring for oil and natural gas in the U.S. declined by three this week to 421, snapping three...
With the equity backing of Natural Gas Partners, HighMark Energy was formed in the fall of 2013 to acquire, develop and produce upstream...
Marathon Oil allocated $1.15 billion to activity in North America for 2016 with the majority focused on the Company’s three U.S. resource...
On June 2, Halcón Resources Corp. reported that on May 26, it was notified that the price of its common stock had...
I am continually analyzing a myriad of data streams in an effort to determine where best to invest in buying oil and...
The West Texas Intermediate (WTI) oil futures are currently trading at around $48 per barrel this morning. Baker Hughes Inc. reported another...
Energy stocks opened just above breakeven levels, tracking higher broader market futures, which erased premarket losses and shifted into the green following tame January PCE data. Inflation rose 0.4% in January, which was in-line with expectations, and +2.8% from a year ago. While still positive, markets were primed for weakness if the inflation figures rose anywhere above market expectations. Risk sentiment should be positive today. Meanwhile, earnings continue to wrap up across the energy sector.
Oil prices were mixed, with WTI slightly positive and Brent around the flatline following the in-line PCE report. Brent has hovered comfortably above the $80 mark for three weeks, with the Middle East conflict having only a modest impact on crude flows. A Reuters survey of 40 economists and analysts on Thursday forecast an average price of $81.13 a barrel for the front-month contract this year.
Natural gas futures are down about 3 cents ahead of weekly inventory, in which analysts expect a draw of 88 bcf.
The death toll in Gaza passed a somber milestone on Thursday as the local health ministry reported that more than 30,000 people had been killed in the war since Oct. 7.
The number of deaths since Israel launched its military offensive against Hamas in Gaza had already surpassed the tolls of any previous Arab conflict with Israel when it rose above 20,000 in December. Many experts say the official toll is very likely an undercount, given the difficulty of accurately tallying deaths amid unrelenting fighting, communications disruptions, a collapsing medical system and people still believed to be under the rubble.
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
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