The oil and gas industry is rapidly evolving, and at the heart of this transformation is the critical role of data. In...
The energy sector, particularly oil and gas, saw steady activity in the final quarter of the year, but optimism among industry leaders...
In the dynamic landscape of the U.S. energy sector, 2023 marked a pivotal year for the shale oil industry, characterized by a...
In Oklahoma, Attorney General Gentner Drummond is intent on continuing his mission to hold energy companies accountable for the significant price surges...
Geothermal power, once sidelined in the energy sector, is now experiencing an unexpected resurgence. For years, energy experts considered geothermal energy a...
The U.S. is currently experiencing one of its biggest economic shocks, largely due to high oil prices and the associated costs of...
BP, the oil giant, has temporarily halted its tanker movements through the Red Sea due to increased attacks in the region, attributed...
Tokyo Gas Co., through its subsidiary Tokyo Gas America Ltd., is set to make a major move in the U.S. shale gas...
The United States has made a big splash in the oil world by setting a new annual record for oil production, and...
Shell PLC and Venezuela’s state oil company, PDVSA, are currently at a standstill over how much to charge for future shipments of...
[NEW YORK] Oil prices increased on Thursday as traders assessed a tightening of crude supplies and new US tariffs and their expected effect on the world’s economy.
Brent crude futures gained 24 cents, or 0.3 per cent, to settle at US$74.03 a barrel. US West Texas Intermediate crude futures rose 27 cents to US$69.92. On Wednesday, oil prices rose about 1 per cent to their highest since February.
Market participants were weighing escalating trade war risks. US President Donald Trump unveiled his plan on Wednesday to implement 25 per cent tariffs on imported cars and light trucks, effective next week, while those on auto parts begin on May 3.
“The biggest headwind for oil right now is the concern about tariffs, which might slow demand,” said Phil Flynn, senior analyst with Price Futures Group.
On Tuesday, Trump imposed new 25 percent tariffs on potential buyers of Venezuelan crude oil.
U.S. stocks ended lower Thursday, after struggling for direction as investors focused on new automobile tariffs and waited on Friday's release of the Federal Reserve's preferred inflation gauge.
The blue chip Dow Jones Industrial Average ended about 155 points, or 0.4%, near 42,229, according to preliminary data.
The S&P 500 closed about 0.3% lower.
The Nasdaq Composite ended down 0.5%.
U.S. auto stocks fell sharply, including shares of Ford Motor Co., General Motors Co. and Stellantis, while those of Tesla Inc. gained.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
Have your oil & gas questions answered by industry experts.