By Alexander Tanas – CHISINAU (Reuters) – Moldova has not used Russian gas since late last year, but it is keeping open...
By: Mark Olalde – ProPublica – The California Legislature recently passed a bill that would provide the state’s taxpayers some of the...
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 energy sector is off to a higher start, supported by a rally in crude oil contracts as conflict in Israel ratchets up the geopolitical risk premium. Futures tied to the major equity indices are lower amid rising geopolitical tensions which is putting pressure on a market dealing with surging inflation and interest rates.
WTI and Brent crude oil futures are kicking off the week sharply higher, recovering some of last week’s losses fueled by this weekend’s attack by Hamas on Israeli towns. Analysts said the situation now brings discussion around whether or not other nations including Saudi Arabia and Iran will be drawn into the conflict. According to Reuters, global hedge fund managers were selling U.S. stocks sensitive to commodities at an accelerated pace in the week ending October 6, according to a Goldman Sachs note to clients, just before the price of oil jumped this morning. Hedge funds had, as of Friday, ramped up selling to the fastest pace since early June in shares of U.S. companies that manufacture chemicals, building materials, and paper products, said the note from Goldman Sachs' prime brokerage.
Natural gas futures are extending last week’s gains amid today’s rally in crude oil and as preliminary estimates for the EIA weekly storage data had a build of +83 to +93 Bcf vs 5-yr avg of +93 Bcf.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
A-list actors are turning their attention to Wall Street, and this time, the plot...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Amid rising global tensions following U.S. strikes on Iranian nuclear sites, former President Donald...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
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