By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn from a high-profile effort to establish a global...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a master plan for rebuilding Syria’s oil, gas, and...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the Government of Norway launched a $200 million initiative...
After a long slump, Oklahoma’s natural gas sector is once again showing signs of life. Rig activity across the state has rebounded...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment pledges on Tuesday, part of a push by...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50 million state fund created to cut methane emissions...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks a dramatic shift in U.S. energy policy. The...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their electrical grid system, as vast quantities of renewable...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position in the U.S. lithium market, announcing today a...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of 548,000 oil bpd. 🟢 Analysts say...
The energy sector is off to a higher start, supported by strength in the underlying commodities and the broader markets. The major market futures have regained ground and are pointing to a higher start as comments from the Federal Reserve hinted a “soft landing” can be achieved and a recession may be avoided.
WTI and Brent crude oil futures have recovered earlier losses and are trading up as OPEC+ is set for a small output increase, despite a call from U.S. President Joe Biden for a meaningful supply boost. Ministers for members of OPEC+ announced they are set to agree on a small output increase of 1000,000 barrels per day. Kazakhstan’s Energy Minister Akchulakov said the group may have to raise production to avoid the market from overheating. Ahead of the meeting, OPEC+ trimmed its forecast for the oil market surplus this year by 200,000 BPD to 800,000 BPD. Data released from the API which showed U.S. crude stocks rose by 2.2mln barrels last week has also provided support to oil futures.
Natural gas futures rose this morning on forecasts for more demand in the next two weeks than previously expected.
Benchmark U.S. crude oil for September delivery rose 53 cents to $94.42 a barrel Tuesday. Brent crude for October delivery rose 51 cents to $100.54 a barrel.
Wholesale gasoline for September delivery rose 6 cents to $3.06 a gallon. September heating oil fell 6 cents to $3.38 a gallon. September natural gas fell 57 cents to $7.71 per 1,000 cubic feet.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
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 Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
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