By Simon Watkins for Oilprice.com |Following the sudden removal of longtime Syrian President Bashar al-Assad from office on 8 December, the new...
By Felicity Bradstock | OilPrice.com | Several U.S. oil and gas companies have warned that they will not be looking to increase production...
On February 1, President Donald Trump officially announced a broad set of tariffs that will hit imports from Canada and Mexico at...
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By Georgina McCartney (Reuters) – Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become...
Dealmaking in the U.S. oil and gas industry reached $105 billion in 2024 while the Permian lead the way. 2024 ranked as...
by Andreas Exarheas |RigZone.com| U.S. natural gas is dipping back on the fact that the weather forecast is warming up in the U.S....
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🟢 US oil and gas companies are expected to prioritize shareholder returns and limit spending in 2025. 🟢 They will likely focus...
Oil futures finished Monday with a gain after President Trump slapped tariffs on Canada, Mexico and China over the weekend, sparking worries over U.S. crude imports. Upside was limited, however, by concerns that a trade war would dent demand.
At a regularly scheduled meeting on Monday, ministers from members of OPEC+ — made up of the Organization of the Petroleum Exporting Countries and its allies — left its existing oil production plans unchanged, even as Trump last month called on the group to lower oil prices.
West Texas Intermediate crude for March delivery rose 63 cents, or 0.9%, to settle at $73.16 a barrel on the New York Mercantile Exchange after trading as high as $75.18.
April Brent crude , the global benchmark, tacked on 29 cents, or 0.4%, to $75.96 a barrel on ICE Futures Europe.
Back on Nymex, March gasoline climbed 2.9% to $2.12 a gallon, while March heating oil gained 2.7% to $2.46 a gallon.
March natural gas surged 10.1% to $3.35 per million British thermal units, after posting a gain of nearly 12% last week.
U.S. stocks ended lower, but recovered from their session lows, after President Trump said on Monday that he would pause imposing new tariffs on Mexico for a month, though tariffs on China and Canada will stil take effect on Tuesday.
The Dow Jones Industrial Average went down 122.75 points or 0.28% to close at 44421.91, according to FactSet data.
The S&P 500 declined 45.96 points or 0.8% to finish at 5,994.57.
The Nasdaq Composite fell 235.49 points or 1.20% to end at 19,391.96.
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By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
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By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
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By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
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