The oil & gas rumor mill is getting fired up again as recent industry chatter suggests that Chevron Corporation and Diamondback Energy...
By Alejandra Martinez | The Texas Tribune | FORT WORTH — Republican Christi Craddick cruised to reelection, defeating three challengers to keep her...
Donald Trump’s election has brought renewed optimism to the oil and gas industry. Energy Transfer co-CEO Mackie McCrea recently shared his thoughts,...
[S&P Global] – Asian oil buyers are set to witness significantly more opportunities to import attractively priced crude from the US despite...
In yesterdays elections, both Oklahoma and Texas have chosen leaders for their respective energy regulatory bodies, decisions that will have a significant...
In the whirlwind of the 2024 U.S. Presidential Election, former President Donald Trump reclaimed the White House in a dramatic victory, marking...
The gap in prices for U.S. shale oil from West Texas compared to Houston has widened significantly in the past two months....
Election Day has finally arrived in the US, following former President Donald Trump’s and Vice President Kamala Harris’ last-minute campaign blitzes in...
In a recent Bloomberg interview, Anne-Sophie Corbeau, the former head of gas analysis at BP, discussed the shifting dynamics in global energy...
Credit: Story by Bloomberg|Sam Kim| South Korea is considering boosting energy imports from the US if Donald Trump wins the election and...
U.S. stocks closed higher on Thursday, but off the session's loftiest levels, after President Trump touted his first significant win in securing a trade deal with a longstanding trade partner.
The U.S. and U.K. outlined broad strokes of their trade agreement, which still would keep 10% tariffs in place on many British imports sold in the U.S., while allowing more American agriculture products into the U.K.
Stocks lost ground in late-afternoon trade after Bloomberg reported that Trump wants to see a tax hike on wealthy people who earn $2.5 million or more.
The blue-chip Dow Jones Industrial Average closed 254.48 points higher, or up 0.6%, ending at 41,368.48. That was slightly less than the 10% climb needed from its recent closing low to cement an exit from correction territory for the index. The minimum needed would be a close of 41,410.15 or higher.
The S&P 500 gained 32.66 points, or 0.6%, ending at 5,663.94.
The Nasdaq Composite finished 189.98 points higher, or 1.1%, closing at 17,928.14.
U.S. productivity decreased at a 0.8% annual rate in the first quarter, the government said Thursday. That’s the first decline since the second quarter of 2022.
Economists surveyed by the Wall Street Journal had projected a 0.7% decrease. Over the past four quarters, U.S. productivity has increased at a 1.4% pace, the slowest pace since the first quarter of 2023.
Unit-labor costs, a key measure of wages, jumped 5.7% in the first quarter, up from 2.0% in the fourth quarter.
🔴 Negative for inflation outlook: Rising labor costs and falling productivity raise inflation risks.
🔴 Potential market impact: Could push bond yields higher as traders reassess interest rate cuts.
🔴 Federal Reserve implication: Makes the Fed’s job harder—slower growth but still sticky inflation.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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 Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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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