(Bloomberg) — The Biden administration is taking steps to thwart oil development in remote reaches of Alaska by canceling leases to drill...
SAN JUAN, Puerto Rico (AP) — Hurricane Lee whirled through open waters on Thursday as forecasters warned it could become the first...
By: CNBC – UAE oil giant ADNOC — run by the president of the COP28 climate conference — is expected to spend...
By Salman Ghouri and Farris Ahmad|OilPrice.com, via Yahoo News|The oil industry is quite familiar with the concept of a “Peak Oil Supply,”...
BILLINGS, Mont. (AP) — A Louisiana company will receive $2.6 million to relinquish the last remaining oil and gas lease on U.S. forest...
Warren Buffett was born in Omaha in 1930. He developed an interest in the business world and investing at an early age,...
Saudi Arabia is considering an offering of additional Saudi Aramco shares of stock that could shatter records, the Wall Street Journal reported. A...
Story By Emily Foxhall | After months of unrelenting heat during a particularly sweltering summer, the Texas power grid’s ability to meet...
By Felicity Bradstock for Oilprice.com|Despite big promises, recent reports suggest that international oil majors are doing little to contribute to the green...
By: Reuters – European Union countries have increased their imports of liquefied natural gas (LNG) from Russia compared with before the Ukraine...
🛢️ Who really drives oil demand?
Just 2 countries burn 35% of the world’s crude.
This map is the demand side of the oil market.
In a world near 100M bpd of consumption, a handful of countries decide whether the market feels tight or oversupplied.
The scoreboard (million bpd,… pic.twitter.com/u3MedTmjHp
— Jack Prandelli (@jackprandelli) December 26, 2025
Texas Governor Greg Abbott has congratulated the Texas Legislature for passing House Bill 14, saying it will help revolutionize Texas’ energy sector and cement the state’s role in leading a nuclear power renaissance in the United States.

Major Indices | The S&P 500 closed down 0.03% at 6,929.94, though it reached a new intraday high of 6,945.77 earlier in the session. The Nasdaq Composite slipped 0.09% to close at 23,593.10, while the Dow Jones Industrial Average fell 20.19 points, or 0.04%, settling at 48,710.97.
Weekly Performance Despite today's modest declines, the S&P 500 posted a strong weekly gain of 1.4%, marking its fourth weekly advance in five weeks. Both the Dow and Nasdaq also gained more than 1% for the week.
Market Context Trading volume was light today as markets reopened after Christmas Day. Analysts noted that with limited corporate earnings reports and economic data during this period, trading was primarily driven by technical factors and positioning. The session fell within the traditional "Santa Claus rally" period.
Commodities Gold futures hit a new all-time intraday high of $4,579.60 per ounce, heading for its 54th record close in 2025. Silver futures also reached a new all-time intraday high of $76.15 per ounce.
With just three trading sessions remaining in 2025, the S&P 500 is approaching the 7,000 milestone, sitting about 1% below that level.
Story by Andreas Exarheas | RigZone.com | In its latest short-term energy outlook (STEO),...
by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey...
🔲 Regime change in Venezuela could reshape global oil flows, giving the U.S. renewed...
Baker Hughes and Hunt Oil Company have signed a joint framework agreement aimed at...
The history of the global oil and gas industry is inextricably linked to the...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to...
Two authoritative outlooks are shaping the 2026 oil narrative, pointing in different directions. On...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio,...
🎄The holiday season exposes how tight diesel markets really are. ⛽️Diesel demand during Christmas...
The Energy as a Service (EaaS) market is projected to double to over $55...
Have your oil & gas questions answered by industry experts.
