US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace talks affects oil price volatility Trump says the...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more than quadrupling from the previous year despite a...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West Texas Intermediate (WTI) average spot crude oil price...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum System, an oil and gas province that stretches...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove record crude output in the U.S. over the...
The race to lower costs and accelerate production timelines in the Permian Basin has pushed operators to continuously rethink completion strategies. The...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d in late 2025, leading to lower crude prices....
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing, the new administration has approved a strategy that...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal projects fell 25% in the first seven months...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off non-core assets and pushing forward in its debt...
Hours after three Israeli women were released from captivity in Gaza on Sunday, roughly 90 Palestinian prisoners were freed, Israel’s prison service said in a statement early Monday morning, as a long-awaited cease-fire agreement between Israel and Hamas went into effect. The truce prompted celebrations in Gaza, relief for families and hope for an end to a devastating 15-month war.
Al Jazeera, the Qatar-funded Arabic broadcaster, streamed footage of Red Cross buses ferrying prisoners out of Ofer prison near Jerusalem after midnight on Monday.
U.S. stocks ended up Friday, the last day of trading under U.S. President Joe Biden, as investors headed into a three-day weekend that will see Donald Trump inaugurated Monday.
The Dow Jones Industrial Average rose 334.70 points, or 0.8%, to close at 43,487.83.
The S&P 500 rose 59.32 points, or a sharp 1%, to finish at 5,996.66.
The Nasdaq Composite rallied 291.91 points, or 1.5%, to end at 19,630.20.
For the week, all three indexes booked gains as investors appeared relieved by a retreat in Treasury yields. The Dow booked a 3.7% weekly gain, while S&P 500 climbed 2.9% and the technology-heavy Nasdaq advanced 2.4%, according to Dow Jones Market Data. The Dow and S&P 500 each had their best week since early November, when Trump’s victory in the U.S. election sparked a strong rally.
In the bond market, the yield on the 10-year Treasury note fell 16.1 basis points this week to 4.610%, according to Dow Jones Market Data. The U.S. stock and bond markets will be closed Monday in honor of Martin Luther King Jr. Day.
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
Reporting by Gavin Maguire | (Reuters) – U.S. power developers are planning to sharply...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
Data centers across the United States are increasingly grappling with one of the most...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
The International Energy Agency (IEA) has issued a stark warning that the world’s oil...
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