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The Railroad Commission of Texas (RRC) is the state agency primarily responsible for regulating the oil and gas industry, pipelines, natural gas...
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The global liquefied natural gas (LNG) market witnessed a significant surge in trade, growing by 3.1% in 2023 to an average of...
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Oil futures finished higher on Friday, with news of tighter U.S. sanctions on Iran and Russia having the potential to disrupt global crude supplies.
U.S. crude prices gained for the week—their first in eight weeks—as traders continued to monitor rising trade tensions and their impact on the economy and oil demand.
-- West Texas Intermediate crude climbed 63 cents, or nearly 1%, to settle at at $67.18 a barrel on the New York Mercantile Exchange. According to Dow Jones Market Data, Prices increased by 0.2% for the week based on the front-month contract.
-- May Brent crude rose 70 cents, or 1%, to $70.58 a barrel on ICE Futures Europe. It tacked on 0.3% for the week.
-- April gasoline added 0.7% at $2.1487 a gallon, up 1.9% for the week, while April heating oil rose 0.2% to $2.1666 a gallon, but posted a weekly loss of 2.2%.
-- Natural gas for April delivery settled at $4.104 per million British thermal units, down 0.2% for the day and losing 6.7% for the week.
In a surprising legal development, the New Mexico Court of Appeals has dismissed a...
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By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
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The World Bank has made a landmark decision by lifting its long-standing ban on...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
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By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
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