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• Closing Oil and Gas Prices
  Benchmark U.S. crude oil for January delivery...
  Benchmark U.S. crude oil for January delivery fell 6 cents to $77.77 per barrel Tuesday. Brent crude for January delivery rose 13 cents to $82.45 per barrel.
  
  Wholesale gasoline for December delivery was unchanged at $2.23 a gallon. December heating oil rose 7 cents to $2.92 a gallon. December natural gas fell 3 cents to $2.85 per 1,000 cubic feet.
  
  
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• U.S. stocks end lower Tuesday, S&P 500 snaps 5-session win streak
  U.S. stocks closed lower Tuesday in a holiday-shortened week...
  U.S. stocks closed lower Tuesday in a holiday-shortened week for Thanksgiving, taking a breather from a powerfully November rally for stocks that lifted both the S&P 500 and Nasdaq Composite quickly out of correction territory. The Dow Jones Industrial Average shed about 62 points, or 0.2%, ending near 35,088, according to preliminary data from FactSet. The S&P 500 index shed 0.2% and the Nasdaq Composite Index closed 0.6% lower. Shares of airlines were under pressure Tuesday, despite expectations for a record holiday travel season, with the U.S. Global Jets ETF falling 1.7%, a day after it finished at a six-week high. Minutes of the Federal Reserve’s early November meeting were released Tuesday, reflecting the worries of most Fed officials about inflation reaccelerating. U.S. Treasury yields were largely unchanged Tuesday, with the 10-year Treasury rate down less than a point at 4.417%, but almost 60 basis points off its October peak, according to Dow Jones Market Data. The S&P 500 has now been higher for five of the past six sessions.
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• $54M deal boosts WhiteHawk's Marcellus gas footprint
  WhiteHawk Energy will pay $54 million for additional natural gas mineral and royalty assets in the ...
  WhiteHawk Energy will pay $54 million for additional natural gas mineral and royalty assets in the Marcellus Shale, effectively doubling the company's ownership in its existing 475,000 gross acre position. "These assets include all the ideal mineral and royalty attributes -- diversified acreage positions in the core of well-established basins, operated by best-in-class companies, generating significant cash flow with no additional capital expenditures," said WhiteHawk CEO Daniel Herz.
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• Texas firm brings new tech to emissions monitoring market
  Midland-based Shepherd Safety Systems has launched Intrinsically Safe Continuous Monitoring, a technological...
  Midland-based Shepherd Safety Systems has launched Intrinsically Safe Continuous Monitoring, a technological solution designed to improve the granularity of emissions monitoring in the oil and natural gas sector. With sensors strategically positioned within the fence line and at the operational source, the technology equips operators with precise, actionable data for immediate decision-making, according to CEO Seth Long.
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• Energy Sector Commentary for Tuesday
  The energy sector is off to a...

  The energy sector is off to a moderately lower start, pressured by low conviction weakness in the underlying commodities and in the broader equity futures. Equity sentiment steadied this morning following the recent run-up in the benchmark indices as the markets assessed some disappointing retail results and looked ahead to the release of the Federal Reserve meeting minutes.

  
  

  Following two consecutive days of sharp gains, WTI and Brent crude oil futures are negative in early trading as investors weigh the impact of possible production cuts by OPEC+ against comments from the IEA saying they expect the oil market to see a slight supply surplus next year. Lingering concerns over an increase in tension in the Middle East also continued to be mitigated after the chief of Hamas told Reuters today that it was near a truce agreement with Israel. More near term, investors will be looking to the next round of inventory data which analysts expect to show crude and gasoline stockpiles rose last week.

  
  

  Natural gas futures are on pace for their fourth consecutive day of declines, pressured by reports showing record production and warmer forecasts for the first half of December.

  
  
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