Story By Daniel Yergin and originally published on Project Syndicate. Is today’s energy crisis as serious as similar previous ones — particularly...
By: Kyra Buckley – Houston Chronicle – Texas continues to lead the nation in the number of oil field services employees as...
(Bloomberg) — European natural gas fell after Canada said it would return a stranded turbine for a key Russian pipeline to Germany,...
Haymaker Minerals & Royalties III acquired a “large-scale diversified mineral portfolio” in partnership with Denham Capital and its affiliates, the Houston-based company...
By: Janelle Stecklein – Claremore Daily Progress – Oklahoma’s coffers are reaping the benefits of soaring oil and gas prices, bringing in...
(Bloomberg) — Pakistan’s energy crisis looks set to drag on for months after another failed attempt by the nation to import gas....
By: Reuters – More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower...
Story: OilPrice.com, by Matthew Smith. A lack of major oil discoveries and meager proven reserves of 2 billion barrels saw Colombia look to hydraulic fracturing as...
By: Adrian Hedden – Carlsbad Current-Argus – Oil companies continued to spend hundreds of millions of dollars to purchase land on New...
Matt McGrath, BBC News. Finnish researchers have installed the world’s first fully working “sand battery” which can store green power for months...
Inflation ticked up slightly on an annual basis in October, the latest evidence that while cost increases were coming under control, they were not entirely vanquished.
The Consumer Price Index, released on Wednesday, climbed 2.6 percent from a year earlier, higher than September’s 2.4 percent. And after food and fuel prices were stripped out to give a better sense of the underlying inflation trend, “core” inflation held steady at 3.3 percent.
WTI crude oil prices remained near their November lows, trading around $68.39 per barrel Wednesday morning, as bearish market factors capped any gains during yesterday's session. In the physical market, indicators suggest a supply glut is emerging sooner than expected, while the futures market is displaying signs of oversupply. Additionally, OPEC reduced its demand growth forecasts for the fourth consecutive month, and the strong US dollar made commodities priced in the currency less attractive.
Despite some activity in the physical market supporting the Dated Brent benchmark, the overall outlook for oil remains weak. Global supply is expected to outpace demand next year, and China's latest economic measures fell short of direct stimulus while inflation remains subdued. Traders continue to monitor tensions in the Middle East, the possibility of a second Trump presidency, and OPEC+ production decisions, all of which contribute to the choppy trading environment in the mid-$60s to mid-$70s range.
By Ernest Scheyder |HOUSTON (Reuters) – Exxon Mobil said on Wednesday it has signed...
The owner of the Inglewood Oil Field in Los Angeles County is taking the...
By Jarrett Renshaw (Reuters) – U.S. President-elect Donald Trump does not intend to spare...
Thanksgiving Day, 6:42 a.m. The faint glow of sunrise illuminated the empty parking lot...
(Reuters) – Oil prices were little changed on Wednesday, pressured by a large surprise...
APA Corporation, a Houston-based oil and gas exploration company, is expanding its partnership with...
Story By Mella McEwen | Midland-Telegram Reporter |Devon Energy has begun detailing the results...
Donald Trump’s transition team is preparing to make energy a top priority, aiming to...
ONEOK, Inc. [OKE.N] and EnLink Midstream, LLC [ENLC.N] have announced that they have executed...
ConocoPhillips has recently made headlines with its acquisition of Marathon Oil, a move that...
By Kaanita Iyer, CNN |President-elect Donald Trump has chosen North Dakota Gov. Doug Burgum to...
U.S. natural gas producers are gearing up to boost output in 2025 after a...
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