By: CNBC – Chief executives of some of the world’s largest energy companies on Monday sought to defend themselves from criticism, saying...
Story by Andreas Exarheas|RigZone.com| In the latest Dallas Fed Energy Survey, which was released last week, executives from 138 oil and gas firms...
The head of the Organization of the Petroleum Exporting Countries — a group of the world’s major oil producers — told CNN...
By: Reuters – The Biden administration’s five-year plan for offshore oil and gas leasing will not include any sales in 2024 and...
While there’s been a lot of angst over the shrinking US inventories, there are yet to be any concrete signs of a...
Over the past year, few currencies have done worse than Russia’s rouble. Last September an American dollar bought just over 60 of...
SANTA BARBARA, Calif. (AP) — ExxonMobil lost a court bid Wednesday to truck millions of gallons of crude oil through central California...
LONDON (AP) — Britain on Wednesday gave the go-ahead for a major oil and gas project in the North Sea, ignoring warnings...
The Fed, Interest Rates and Inflation; a Story By Sarah Foster |Bankrate| Consumers and investors were spared from a 12th rate hike...
Story By Marc Sternfield|KTLA, via Yahoo News| Gasoline prices in California edged higher again on Tuesday, hitting an average of $5.84 per...
South Korea’s top court voted unanimously to dismiss the country’s impeached president, Yoon Suk Yeol, on Friday, clearing the way for the key American ally to elect a new leader after months of political turmoil that has tested its democratic guardrails.
In a ruling that millions of South Koreans watched on live television, the Constitutional Court’s eight justices endorsed the National Assembly’s decision to impeach Mr. Yoon for his failed attempt to place his country under martial law in December. With that ruling, Mr. Yoon, who had been suspended from office since the parliamentary vote on Dec. 14, was formally unseated.
Stocks closed sharply lower on Thursday as President Donald Trump's latest tariffs rocked Wall Street, with the S&P 500 posting its worst daily drop since mid-2020, according to Dow Jones Market Data.
Bond yields sank as investors flocked to haven government debt, fueled by growing worries that the U.S. economy could falter amid the uncertain backdrop for global trade.
According to FactSet data, the Dow Jones Industrial Average shed 1,679.39 points, or 4%, to end at 40,545.93.
According to Dow Jones Market Data, the S&P 500 skidded 274.45 points, or 4.8%, to 5,396.52, logging its biggest daily drop since June 11, 2020.
The Nasdaq Composite Index shed 1,050.44 points, or 6%, to 16,550.61, its biggest daily drop since March 16, 2020.
Oil prices dropped 6% on Thursday after OPEC+ accelerated its plan to increase oil output in May, compounding losses from US President Trump’s new tariffs, with Brent futures falling by $4.51 to $70.44. In today’s OPEC+ ministers’ meeting, countries decided to raise output by… pic.twitter.com/TRRrNnknEZ
— Zoom News (@zoomnewskrd) April 3, 2025
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
A key hearing is set for this Friday in Big Spring, Texas, in a...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
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