MarketWatch: Inflation in the United Kingdom could soar to as high as 19% by next year because of high winter fuel prices,...
Heatwaves this summer and expected natural gas shortages this winter are driving gas prices higher and higher in Europe. Europe’s benchmark gas...
From OilPrice.com. In February this year, The Guardian published exclusively a report by two non-profits that detailed the participation of the world’s...
As Central Texas continues to weather record-setting heat and some of the worst drought conditions seen in more than a decade, The...
By: Reuters – A third gas pipeline between Spain and France would cost at least 3 billion euros ($3 billion) and take...
From Hart Energy: Continental Resources Inc. promoted Doug Lawler on Aug. 18 to serve as president and COO. Lawler joined Continental in...
Brent oil will bounce back to $125 a barrel by the end of 2022, UBS said Wednesday. Brent has dropped 25% since...
By: Reuters – Oil prices rose about 1.5% after hitting a six-month low on Wednesday, as a steeper-than-expected drawdown in U.S. crude...
By: Sam Meredith – CNBC – New OPEC Secretary-General Haitham Al Ghais said Wednesday that the influential producer group is not to...
Saudi Arabia’s sovereign-wealth fund ramped up its bets on US big-cap stocks in the second quarter. The Public Investment Fund poured more...
An Israeli airstrike early Saturday hit a school compound in northern Gaza where displaced Palestinians were sheltering, killing more than 90 people, according to Gaza health authorities.
The Israeli military said Hamas and another armed Palestinian group were using the school compound in Gaza City for military operations and attacks on Israel.
U.S. stocks closed Friday higher, significantly cutting losses from earlier in the week. Equities staged a big comeback after extreme turbulence hit global financial markets.
According to preliminary data, the Dow Jones Industrial Average ended up about 51 points, or 0.1%, at around 39,497.
The S&P 500 closed 24 points higher, or 0.5%, closing near 5,344.
The Nasdaq Composite finished up 85 points, or 0.5%, finishing around 16,745.
On a weekly performance basis:
The Dow closed 0.6% lower, off from a peak 3.1% retreat on Monday from the previous Friday's close, per Dow Jones Market Data. The S&P 500 shed less than 0.1%, after sinking 4.3% Monday. The Nasdaq ended down 0.2%, after tumbling 6.4% Monday.
Treasury yields also were swept up by market volatility, with the benchmark 10-year rate closing out the week at 3.943%, its sixth lowest level of the year.
A passenger plane carrying 62 people crashed on Friday outside São Paulo, Brazil, killing all onboard, according to the Brazilian authorities.
The airline operating the flight, VoePass, said that Flight 2283 had crashed in the Brazilian city of Vinhedo, near its destination, São Paulo. The flight had taken off from Cascavel, Brazil, about 450 miles away, for a nearly two-hour scheduled flight that VoePass has been operating daily.
According to FlightRadar24, a provider of flight data, the plane was an ATR 72, a twin-engine regional turboprop made by ATR, a joint venture of two European aerospace manufacturers, Airbus and Leonardo. VoePass used the same plane to fly from São Paulo to Cascavel earlier on Friday, according to FlightRadar24 data.
On Monday, President Donald Trump reignited the energy debate by announcing a bold new...
In a significant move within the energy sector, Elliott Investment Management, one of the...
by Lucia Kassai – (Bloomberg) — US oil refiners along the Gulf Coast are...
By Darren Barbee | Hart Energy, via Yahoo News | ConocoPhillips Co., looking to shed...
President Donald Trump announced Thursday that the United States is set to boost oil...
By Felicity Bradstock for Oilprice.com | President Trump has been emphatic about his support for...
Story by Adam Kemp |PBS News| When Rhiannon Kymer opened the doors of her...
By Lucia Kassai |BNN Bloomberg | Slowing U.S. oil-production growth is casting a pall over...
President Donald Trump’s declaration of a “national energy emergency” in early 2025 has sent...
Brazil’s government has officially approved joining OPEC+, the coalition of major oil-exporting nations, marking...
By Andreas Exarheas |Rigzone.com| It may be that oil markets have not yet made...
Diamondback Energy has announced a $4.08 billion cash-and-stock acquisition of select subsidiaries of Double...
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