API poll: Most Americans favor domestic O&G production
A new poll conducted by Morning Consult for the American Petroleum Institute reveals that 90% of surveyed...
A new poll conducted by Morning Consult for the American Petroleum Institute reveals that 90% of surveyed voters view oil and natural gas as major economic contributors, while 83% support the consideration of economic data in shaping energy policies and regulations. A similar majority of respondents also recognize the role of domestic energy production in reducing energy costs and enhancing energy security.
The Fed officially launched its instant payments system, FedNow. We previously wrote about what it means for you.
Iraq and Sweden are locked in an escalating geopolitical dispute over the recent burning of a Quran in Stockholm.
Domino’s cheapest pizza in the world costs 60 cents in Delhi, India.
Animals on the loose: A suspected lioness was spotted hunting a boar in Berlin, sparking a massive police search. Meanwhile, a surfboard-hijacking otter is successfully eluding authorities in the Bay Area.
Colombia’s Energy Minister Irene Vélez-Torres Resigns
Colombia’s mines and energy minister Irene Vélez-Torres resigned from the ministry on July 19, citing...
Colombia’s mines and energy minister Irene Vélez-Torres resigned from the ministry on July 19, citing investigations against her use of power.
The minister’s resignation comes as Colombia’s energy sector struggles to boost investments, hydrocarbon reserves, and production as both its oil and gas reserves are set to run out in less than eight years at current production levels, according to Colombia’s National Hydrocarbon Agency (ANH).
Benchmark U.S. crude oil for August delivery rose 28 cents to $75.63 a barrel Thursday. Brent crudefor September delivery rose 18 cents to $79.64 a barrel.
Wholesale gasoline for August delivery rose 2 cents $2.74 a gallon. August heating oilrose 2 cents to $2.66 a gallon. August natural gas rose 16 cents to $2.76 per 1,000 cubic feet.
Dow posts longest winning streak in nearly 6 years; Nasdaq slumps over 2%
U.S. stocks finished mostly lower Thursday, with the...
U.S. stocks finished mostly lower Thursday, with the Nasdaq and S&P 500 dragged down by disappointing earnings, while the Dow Jones Industrial Average rose for a ninth straight day for its longest winning streak in nearly six years.
The S&P 500 SPX fell 30.85 points, or 0.7%, to close at 4,534.87.
The Dow DJIA rose 163.97 points, or 0.5%, to finish at 35,225.18. The winning streak is its longest since a nine-day run that ended on Sept. 20, 2017, according to Dow Jones Market Data.
The Nasdaq Composite COMP ended at 14,063.31, down 294.71 points, or 2.1%.