The recent U.S. decision to impose a 25% tariff on steel and aluminum imports is set to significantly impact the oilfield services...
By Bloomberg |Alex Longley, Jack Wittels| The manager of an oil tanker on fire near the UK said the vessel spilled jet...
As construction, labor, and borrowing costs continue to climb, several U.S. liquefied natural gas (LNG) producers are looking to renegotiate higher prices...
By Alex Kimani for Oilprice.com | Three years ago, Europe suffered one of its biggest energy crises in modern history following Russia’s...
LITTLETON, Colorado, (Reuters) – Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of...
JON GAMBRELL Associated Press | DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco reported a $106.25 billion profit in 2024...
The Osage Minerals Council has taken a firm stand against the Department of Government Efficiency’s (DOGE) proposal to terminate the lease for...
Oilfield theft has become a major concern in Texas, where the energy industry remains a critical pillar of the state’s economy. Criminal...
OPEC+ has confirmed that it will proceed with its planned April 2025 oil production increase, marking the first output hike since 2022....
by Bloomberg|Ari Natter|The Senate voted Thursday to repeal a new US fee on climate-warming methane emissions from oil and gas producers, sending the...
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.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
In a stark reminder of the volatile energy landscape and the relentless drive for...
Over the past two decades, the U.S. shale revolution has dramatically transformed the global...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
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 Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
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 Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
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