The withdrawal follows the two largest in recent years: 359 Bcf in January 2018 and 338 Bcf in February 2021, the week...
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Story By Andreas Exarheas | RigZone | In a release sent to Rigzone late Tuesday, Xeneta said its latest data forecasts ocean...
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In a significant development impacting the oil and gas industry, Hilcorp San Juan L.P., with operations spanning Aztec, New Mexico, and Houston,...
(Reuters) - Oil prices rose about 1.5% to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash tariffs, raising hopes of an end to the trade war between the world's two biggest economies.
Brent crude futures rose $1.05, or 1.6%, to $64.96 a barrel. U.S. West Texas Intermediate (WTI) crude gained 93 cents, or 1.5%, to settle at $61.95.
Both benchmarks notched their highest settlements since April 28.
U.S. stocks traded sharply higher on Monday after the U.S. and China reached a deal to slash tariffs on each other for 90 days.
The Dow Jones Industrial Average went up 1,160.72 points or 2.8%, ending at 42,410.10.
The S&P 500 gained 184.28 points or 3.3% to finish at 58,444.19
The Nasdaq Composite rose 779.43 points or 4.4% to close at 18,708.34 for its fourth straight daily gain, exiting bear-market territory. Highlights:
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Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
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By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
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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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