Story By Simon Watkins for Oilprice.com | As with the Russia-Ukraine War, a key component of the Israel-Hamas War (and the underlying...
Story By Andreas Exarheas |RigZone.com| Brent crude futures are in correction mode due to the uncertainty surrounding China’s economic outlook and stimulus...
Story by Andreas Exarheas|RigZone.com| Natural gas prices are digesting the damage from Hurricane Milton in Sarasota Country, Tampa, and other areas caught in...
Reporting By Laila Kearney (Reuters) | MARA Holdings Inc. (MARA.O), the world’s largest publicly traded bitcoin miner, has begun producing power in...
by Bloomberg | Devika Krishna Kumar and Christopher Charleston | Oil held steady after a day of choppy trading, as US crude...
Owning mineral rights can be both a rewarding and challenging experience, especially if you inherited them without much background in the oil...
By Tsvetana Paraskova for Oilprice.com | Russian oil companies and officials have discussed the possible ban on diesel exports for firms not...
BP has officially abandoned its 2030 target to significantly cut oil and gas production, marking a notable shift under CEO Murray Auchincloss....
By Bloomberg| Anthony Di Paola & Sherry Su | Saudi Arabia raised its main oil prices for buyers in Asia amid heightened...
U.S. energy firms have reduced the number of oil and natural gas rigs for the third consecutive week, according to the latest...
U.S. stocks finished lower on Tuesday, with the tech-heavy Nasdaq Composite leading declines. Semiconductor shares tumbled on concerns of continued pressures in the broader chip market.
The Nasdaq Composite slumped 187.10 points, or over 1%, ending at 18,315.59, according to FactSet data. It was the largest one-day point and percentage decline since Oct. 7, according to Dow Jones Market Data.
The S&P 500 lost 44.59 points, or 0.8%, to finish at 5,815.26. The large-cap benchmark index also snapped a two-day winning streak.
The Dow Jones Industrial Average was off 324.80 points, or nearly 0.8%, ending at 42,740.42.
U.S. semiconductor stocks fell on Tuesday after the Dutch microchip-equipment maker ASML Holding N.V. said it expects a “more gradual” recovery in the chip sector than previously anticipated. Shares of Nvidia Corp. and Advanced Micro Devices Inc. were down 4.7% and 5.2%, respectively.
The Dow, on the other hand, was dragged down by a 8.1% slump in shares of UnitedHealth Group Inc. The healthcare giant beat third-quarter profit and revenue expectations but missed on the medical-care profitability and lowered its full-year outlook.
By Tsvetana Paraskova for Oilprice.com | Russian oil companies and officials have discussed the...
California Governor Gavin Newsom signed a new law on Monday aimed at preventing gas...
Story By Simon Watkins for Oilprice.com | As with the Russia-Ukraine War, a key...
Texas is known as the energy capital of the world, but as Chevron’s Duncan...
Story By Andreas Exarheas |RigZone.com| Brent crude futures are in correction mode due to...
LNG Canada, a massive liquefied natural gas export terminal led by Shell, is set...
Story by Andreas Exarheas|RigZone.com| Natural gas prices are digesting the damage from Hurricane Milton...
In 2024, the United States has solidified its position as the world’s leading driver...
Reporting By Laila Kearney (Reuters) | MARA Holdings Inc. (MARA.O), the world’s largest publicly...
by Bloomberg | Devika Krishna Kumar and Christopher Charleston | Oil held steady after...
Owning mineral rights can be both a rewarding and challenging experience, especially if you...
Story from BBC News|Mark Poynting & Esme Stallard | The UK is about to...
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