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By: Carlsbad Current-Argus – An oil and gas company headquartered in Fort Worth, Texas is planning to buy thousands of acres in...
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The U.S. stock market finished sharply higher Friday, as investors appeared encouraged by Federal Reserve Chair Jerome Powell’s Jackson Hole speech signaling the Fed was on the path toward cutting interest rates.
The Dow Jones Industrial Average climbed 462.30 points, or 1.1%, to close at 41,175.08.
The S&P 500 rose 63.97 points, or 1.1%, to finish at 5,634.61.
The Nasdaq Composite gained 258.44 points, or 1.5%, to end at 17,877.79.
According to Dow Jones Market Data, the Dow ended just 0.1% below its record closing high on July 17, while the S&P 500 finished 0.6% below its all-time closing high on July 16.
For the week, the Dow advanced 1.3% while the S&P 500 and technology-heavy Nasdaq each increased 1.4%, according to Dow Jones Market Data. All three major U.S. stock indexes booked back-to-back weekly gains.
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By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...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 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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