The U.S. Interior Department has proposed a major rule change that could reshape onshore oil and gas development in the West. Under...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of diplomacy with Iran and rising expectations for increased...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where they expect the West Texas Intermediate (WTI) crude...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and gas industry emissions of the powerful greenhouse gas...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to oil and gas operators in a ruling that...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest $1.3 billion (13 billion Norwegian crowns) in the...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its latest U.S. crude oil and natural gas proved...
The oil and gas sector is undergoing a major digital overhaul, and data is at the center of it. In 2023, the...
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced that it has released its annual list of...
A-list actors are turning their attention to Wall Street, and this time, the plot centers around the climate crisis. In a bold...
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...
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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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