By Julianne Geiger for Oilprice.com | Oil bulls have a narrow window for bullish bets as driving season and weather disruptions create...
A federal judge has mandated the U.S. Bureau of Land Management (BLM) to halt the issuance of new oil and gas drilling...
The Railroad Commission of Texas (RRC) is the state agency primarily responsible for regulating the oil and gas industry, pipelines, natural gas...
If confirmed, the strike would be a bold step for Israel’s clandestine operations in Syria, taking out an Assad regime insider from...
BP plc (BP) forecasts that global oil demand will reach its zenith next year, marking a pivotal shift as wind and solar...
Story Credit| Anthony Di Paola | Bloomberg | Saudi Arabia boosted imports of the dirtiest type of oil to the highest in...
On July 11, 2024, the U.S. Federal Trade Commission (FTC) sent a second request for additional information to both ConocoPhillips and Marathon...
Story By Jason Plautz| E&E News |Politico| After years of flat power demand, America’s digital economy is turning electricity into a growth industry....
The global liquefied natural gas (LNG) market witnessed a significant surge in trade, growing by 3.1% in 2023 to an average of...
Story by Andreas Exarheas| RigZone.com|Recent Houthi attacks in the Red Sea have sharply increased, disrupting shipping routes and impacting oil markets, Rystad Energy...
U.S. stocks finished lower after choppy trading, following the Federal Reserve's decision to lower its benchmark interest rate by half a percentage point, an aggressive start to a monetary-easing cycle in the world’s largest economy.
According to FactSet data, the Dow Jones Industrial Average was off 103.08 points, or 0.3%, to end at 41,503.10. The blue-chip index logged its worst daily point and percentage declines since Sept. 6 after reversing its nearly 400-point advance in the immediate aftermath of the Fed decision.
The S&P 500 fell 16.32 points, or 0.3%, to finish at 5,618.26, snapping a seven-day winning streak.
The Nasdaq Composite lost 54.76 points, or 0.3%, ending at 17,573.30.
In addition to the rate-cut decision, policymakers said they expect to lower interest rates multiple times by the end of 2024. According to the Fed's Summary of Economic Projections, also released Wednesday, the policy rate could fall to a range of 3.25% to 3.5% by the end of 2025.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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