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...
By: Anastasia Hufham – The Salt Lake Tribune – Utah made $1.4 billion in royalty revenue from gas and oil production on public...
By: Reuters – Oil prices tumbled by more than 4% on Wednesday following reports that Russia may lift its diesel ban in...
The Economist, via Yahoo News: In the first half of the year, Saudi Arabia and its allies in the Organisation of the...
The energy sector is off to a higher start, rebounding from yesterday's steep slide on the backs of strength in the underlying commodities. Major equity futures meanwhile steadied this morning as rates ticked higher and investors await a pair of key inflation readings later this week to gain clarity into the path forward for rate cuts from the Fed. The benchmark 10-year Treasury note yield rose more than 4 basis points this morning and is now trading above 4%.
WTI and Brent crude oil futures are up by over 2.5% in early trading, recovering from yesterday’s 4% drop on rising concerns that tensions in the Middle East will spread and ongoing supply outages in Libya. Weak economic data out of Germany, lingering demand worries, and speculation of rising OPEC supply after Saudi Arabia cut its OSP yesterday, are keeping a cap on gains. The Israeli military has said its fight against Hamas will continue through 2024, worrying markets that the conflict could grow into a regional crisis that could disrupt Middle Eastern oil supplies. German industrial production unexpectedly fell in November according to the Federal Statistics Office, marking a sixth consecutive monthly decline.
Natural gas futures resumed their trend higher, backed by cooler weather forecast in key consuming regions that should stir demand ahead of another winter storm.
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The race to lower costs and accelerate production timelines in the Permian Basin has...
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