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ConocoPhillips has made a significant move in the oil and gas industry by agreeing to acquire Marathon Oil Corp. in an all-stock...
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Memorial Weekend, a time-honored tradition in the United States, holds a profound significance as we pause to remember and honor the men...
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U.S. stocks ended slightly higher Thursday, hanging on to small gains after an appeals court ruled President Donald Trump's tariff measures could remain in place, pending an appeal of a trade-court ruling that would block them.
The Dow Jones Industrial Average rose 117.03 points, or 0.3%, to close at 42,215.73.
The S&P 500 gained 23.62 points, or 0.4%, to finish at 5,912.17.
The Nasdaq Composite added 74.93 points, or 0.4%, to end at 19,175.87.
Shares of Nvidia Corp. finished with a gain of 3.3%, leading Dow gainers and buoying the S&P 500 and Nasdaq, after the chip giant and artificial-intelligence bellwether reported earnings after Wednesday's closing bell.
Stocks had already tempered earlier gains due to uncertainty around the fate of the trade court's ruling, which had sparked sharp gains for equity-index futures Wednesday night.
Thursday's market action reflected increased uncertainty around tariff policy as investors wait to see how the administration's appeals of the trade court's ruling pans out. Trump is also expected to pursue tariffs via other means if the ruling — which pertained to his reliance on emergency powers under a 1977 law to impose tariffs — is upheld.
Shell will buy TotalEnergies’ 12.5% non-operated stake in the deepwater oilfield Bonga offshore Nigeria, where the UK-based supermajor plans to develop another major project.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
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,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
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