By OilPrice.com – A few days ago, a rare event in the forex markets took place: for the first time in two decades,...
By: Humeyra Pamuk – Reuters – Major OPEC oil producers have spare capacity and are likely to boost oil supplies following President...
By: Mark Passwaters – Upstream Online – US oil and gas merger and acquisition activity declined in the second quarter, according to...
Big Oil majors in the United States have found themselves the target of much pressure to boost production lately, as prices go...
ELLEN CHANG, The Street.com. As a lengthy heatwave sears Texas, the state’s power grid operator is struggling to meet demand, forcing it...
By: Kristin E. Gibbs – Reuters – Increasing exports of U.S. natural gas due to geopolitical concerns has put a spotlight on...
By: Rick Newman – Yahoo Finance – The Biden administration is reeling from gasoline prices that crested to $5 per gallon in...
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,...
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...
By Andreas Exarheas |Rigzone.com| It may be that oil markets have not yet made...
Brazil’s government has officially approved joining OPEC+, the coalition of major oil-exporting nations, marking...
Diamondback Energy has announced a $4.08 billion cash-and-stock acquisition of select subsidiaries of Double...
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