By: Reuters – Prior to the outbreak of fighting between Hamas and Israel, investors had become less bullish about the outlook for crude oil...
By: CNBC – OPEC on Monday raised its medium- and long-term forecasts for global oil demand. The oil producer group said the...
By: Reuters – Israel has suspended production at the Tamar gas field off its southern coast and will seek alternative fuel sources...
STORY BY Matthew Loh| Business Insider, via Yahoo News| The US is likely to directly intervene with air and naval strikes if...
By: Reuters – The White House may have blamed Exxon Mobil (XOM.N) for high energy prices taking their toll on consumers, but would struggle...
By: S&P Global – Global oil markets are poised for a potential price rally when trading reopens on Oct. 9 amid fears...
By: Robert Perkins & Eliza Turner – S&P Global – Russia has largely lifted its ban on diesel exports just two weeks after...
By: Reuters – Global crude oil prices could drop to about $60 per barrel by 2027 as demand growth slows, say oil...
Denver’s energy powerhouse, Civitas Resources Inc., is expanding its upstream footprint in the Permian Basin. The company has inked a $2.1 billion...
By: CNBC – It’s been a war of words and numbers between two major players in the energy industry – the International...
Stocks ended with losses, but off session lows, pulling back after disappointing guidance from retail behemoth Walmart Inc. sparked some concern around the health of the consumer.
Walmart shares fell 6.5% on the day, weighing on the Dow Jones Industrial Average, which finished with a loss of 450.94 points, or 1%, at 44,176.65. The Dow was down 677 points at its session low.
The S&P 500 gave up 26.63 points, or 0.4%, to close at 6,117.52, after back-to-back record finishes. The Nasdaq Composite shed 93.89 points, or 0.5%, to end at 19,962.36.
Data due today from the U.S. Energy Information Agency is expected to show a 187B cf draw from underground storage, leaving inventories at 2.11T cf, or 109B cf below the five-year average and 377B cf below the year-earlier level, according to a survey of analysts by The Wall Street Journal.
Technical indicators suggest overbought conditions, and physical prices likely will retreat next week as daily demand declines, Eli Rubin of EBW Analytics said, but "cold March weather risks after the coldest January-February in a decade are bridging bullish near-term conditions."
Front-month Nymex natural gas (NG1:COM) for March delivery closed +6.8% to $4.280/MMBtu, a new 52-week high and highest settlement value for the front-month contract since December 30, 2022; U.S. natural gas has surged 40% this month alone and 18% YTD.
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...
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