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By: Idaho Capital Sun – Members of the U.S. Senate Energy and Natural Resources Committee used a Tuesday hearing on the Interior...
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Oil futures settled higher on Thursday, finding support a day after President Donald Trump said he was revoking a license issued by the Biden administration that had allowed Chevron Corp. to produce oil in Venezuela.
Prices remained lower week to date, however, with U.S. tariffs on Canada and Mexico expected to come into effect next week, potentially hurting the outlook for the economy and for energy demand.
U.S. stocks lost their grip on earlier gains to end sharply lower Thursday, with the Nasdaq Composite posting its worst day in about a month and the S&P 500 turning negative for the year.
The market's jitters came ahead of a closely followed inflation update on Friday, and as concerns have risen over President Trump's threats of fresh trade tariffs to start next week against Canada, Mexico and China.
The Dow Jones Industrial Average shed 193.62 points, or 0.5%, ending at 43,239.50.
The S&P 500 shed 94.49 points, or 1.6%, closing at 5,861.57 and turning negative for the year.
The Nasdaq Composite plunged 2.8%, finishing at 18,544.42. That was its biggest one-day percentage decline since it tumbled 3.1% on Jan. 27, according to Dow Jones Market Data.
Investors have been nervous not only about the potential impact that tariffs could have on inflation, but also on U.S. economic growth.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
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