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...
STORY By By MACK WILOWSKI |Investopedia| Higher oil prices likely won’t cause consumer spending and gross domestic product (GDP) to decline, Goldman Sachs (GS) analysts said...
Story By Chris Mathews | Hart Energy, via Yahoo News| Midcontinent oil and gas producer Mach Resources is planning to go public,...
By: Carlsbad Current-Argus – Oil and gas operations in the Permian Basin continued to decline this week, signaling American supplies were meeting...
Story By Alex Mills | Wichita Falls Times Record News| Saudi Arabia’s decision to reduce its oil supply has played a significant...
Story By Carla Sands |The Telegraph| At the G20 conference this month, President Biden stated that “the only existential threat humanity faces...
By: Reuters – A former deputy chief of Russian natural gas producer Novatek (NVTK.MM) was sentenced on Thursday to seven years and two months...
By: Reuters – Government policies to fight climate change are discouraging oil companies from investing heavily in new production even as they...
Story By Avi Salzman |Barron’s| Oil prices are nearing $100 a barrel, and an increasing number of analysts expect prices to surpass...
The energy sector is off to a lower start, pressured by weakness in the crude complex. U.S. equity futures are mixed as investors brace themselves for more quarterly earnings reports.
WTI and Brent crude oil futures are trading lower, following last week’s short-covering rally as investors wait for Chinese economic data which will provide more color on the country’s demand recovery. On Tuesday, China will release its first-quarter GDP data which is expected to be positive for commodities as forecasts suggest they will account for most of 2023 demand growth. However, according to the IEA, further supply tightening by OPEC+ is anticipated to hurt economic growth during the latter half of the year. Oil exports from northern Iraq to Turkey remain halted for almost three weeks which is lending additional support to futures.
Natural gas futures are up as the NOAA’s 8-14 day outlook forecasts below-normal temperatures for key consuming regions.
Deadly clashes broke out on Saturday in Sudan’s capital, Khartoum, and several other cities as months of rising tensions between rival factions of the armed forces turned into an all-out battle for control of one of Africa’s biggest countries.
At least 30 people were killed and hundreds were injured, according to United Nations officials, after fighting that erupted early Saturday at a military base in Khartoum quickly spread to the presidential palace, the international airport and the headquarters of the state broadcaster. As residents cowered in their homes amid gunfire and explosions, warplanes screeched over rooftops at low altitudes.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
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...
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