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...
Three of the U.S.’s most oil-rich producing basins have also seen a notable rise in natural gas output over the past decade,...
Introducing our new periodic series, “Wildcatter Chronicles,” where Oklahoma Minerals delves into the captivating stories of the pioneering individuals who shaped the...
Next week, Oklahomans will decide who takes a seat on the Oklahoma Corporation Commission, which oversees utilities and the oil and gas...
By Trevor Hawes, Editorial Director | Midland Telegram Reporter |A thunderstorm in West Texas can certainly be an amazing sight to see, but...
Energy stocks opened lower this morning, tracking mildly weaker broader index futures and lower oil prices. News flow continues to thin out as earnings have passed and year-end nears. Market participants will continue to remain focused on macroeconomic data, rates and Fed commentary.
Oil prices edged lower on Thursday, extending losses from the previous session as signals of higher supply from the U.S. met concern over lackluster energy demand from China. Near-term prices remain in contango, suggesting that investors expect prices to increase. "Clearly, the decline in crude oil prices and the weakening of the structure is an ominous sign; one that implies an oversupplied physical market," said Tamas Varga of oil broker PVM.
Natural gas futures are higher by a nickel. Cooler forecasts for the coming two weeks is aiding futures. EIA storage data will cover the past two weeks, with consensus expecting a combined build of 38 bcf.
Oil futures fall as EIA says crude inventories in the two weeks to Nov. 10 rose by 17.5 million barrels, to 439.4 million barrels.
EIA says crude stocks were up by 3.6 million barrels last week, adding to a 13.9 million build the previous week which it hadn't reported because of a system upgrade.
Crude stocks were 2% below their 5-year average. Gasoline stockpiles fell by 1.5 million barrels and distillate stocks were down by 1.4 million. Refineries processed 15.4 million barrels of crude daily, operating at 86.1% of capacity amid slumping refining margins.
The Cushing Hub held 25 million barrels of oil as of November 10, up from the 23.1 million recorded on October 27. Cushing’s total at the end of September was 22.1 million barrels.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Have your oil & gas questions answered by industry experts.