CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter ceasefire that President Vladimir Putin announced, with both sides...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this week after taking a dive following President Trump’s...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom, North Dakota, resulting in the release of approximately...
A long-overlooked shale play in South Texas might finally be showing signs of promise, thanks to a surprising result from Formentera Partners...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports fell to below $70 per barrel this month,...
Over the past two decades, the U.S. shale revolution has dramatically transformed the global energy landscape. Advancements in hydraulic fracturing and horizontal...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels of...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans to increase the use of a technique that...
In the wake of President Donald Trump’s re-election in November 2024, his administration swiftly implemented a series of aggressive tariff measures aimed...
by Andreas Exarheas|RigZone.com| In a market update sent to Rigzone by the Rystad Energy team late Monday, Rystad warned that, in the...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell sharply, by 10.133 million barrels in the week ending June 13 after analysts had estimated a 600,000-barrel draw. The API reported a 337,000 barrel inventory decrease in the prior week.
In a post on Truth Social, Trump wrote that the US knows where Iranian leader Ayatollah Ali Khamenei is “hiding,” calling him an “easy target” but saying he will not be killed, “at least not for now.” He also demanded Iran’s “unconditional surrender” as it traded airstrikes with Israel for the fifth day. Trump’s escalating rhetoric came as the US moved more warships into the Middle East in what officials said was a defensive position. The president also posted, “We now have complete and total control of the skies over Iran,” but it was unclear if that meant the US was directly involved in the conflict. Trump is reportedly weighing using US military assets to strike Iran.
U.S. stocks finished lower on Tuesday, giving back most gains from the previous session, as investors feared that an escalation of tensions between Israel and Iran could trigger deeper U.S. involvement in the Middle East conflict.
The Dow Jones Industrial Average fell nearly 300 points, or 0.7%, to end near 42,215, according to preliminary data from FactSet.
The S&P 500 was off 0.8%, to finish at around 5,982.
The Nasdaq Composite slumped 0.9%, ending near 19,521.
U.S. President Donald Trump on Tuesday called on Iran to surrender without conditions to bring an end to the conflict with Israel, fueling fresh worries on Wall Street that the White House is on the verge of joining Tel Aviv's military strikes against Tehran.
The surge in oil prices picked up steam on Tuesday. West Texas Intermediate crude for July delivery was up over 4% to trade at $74.84 a barrel, while August Brent crude, the global benchmark, also rose around 4.4%, at $76.45 a barrel, according to FactSet data.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
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...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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