(Bloomberg) — Expansion in the US shale patch has come to an end for now with oil output set to shrink for...
The International Energy Agency (IEA) has recently released a comprehensive report indicating a foreseeable deceleration in the growth of oil demand by...
Amid ongoing tensions in the Strait of Hormuz, the U.S.-led International Maritime Security Construct has issued a warning to ships in the...
By: Bloomberg -The World Bank arbitration court awarded $77 million to Exxon Mobil Corp. in a resubmitted claim worth $1.4 billion over the...
UNITED NATIONS (AP) — The transfer of more than a million barrels of oil from an aging tanker moored off the coast...
By: Vail Daily – Eagle County isn’t the top place in Colorado considered suitable for oil and gas development, but a 2015...
The Uinta Basin lies in the northeast corner of Utah and is bounded on the north by the Uinta Mountains, on the south by...
Story By Olesya Dmitracova |CNN|Natural gas prices have spiked again this week, just as Europe prepares for the heating season. The price...
Story By Stephen Williams |Auto Blog|via Yahoo| Red or black? Draw or stand pat? Electric or gasoline? So many choices. To ease...
By: Carlsbad Current-Argus – An oil and gas company headquartered in Fort Worth, Texas is planning to buy thousands of acres in...
Oil prices slid Friday to their lowest levels in nearly four years. A plan to increase supply by the Organization of the Petroleum Exporting Countries and its allies added to fears that tariffs will plunge the global economy into recession.
Brent crude, the global benchmark, closed down at $65.58, off $4.56.
West Texas Intermediate, down $4.96, or 7.4%, at $61.99, the lowest front-month finish since April 26, 2021
In an unexpected move, eight OPEC+ countries said Thursday they will increase output by 411,000 barrels a day next month.
Even before President Trump’s latest sweeping tariffs, the escalating trade war was stoking fears of a global slowdown in economic activity that would erode demand. The possibility of a settlement of the war between Russia and Ukraine has raised the prospect of more Russian oil being exported.
"The two factors that previously limited downside risk to prices, that is low recession risk and OPEC's preference for low production" are no longer in place, Goldman Sachs analysts said.
They reduced their price forecast for Brent to an average of $69 a barrel in 2025, from $73. They cut WTI to $66, from $69.
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...
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...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
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