By: Reuters – Top energy executives this week urged a more cautious transition of energy policy away from oil and gas, but...
By: J. Robinson – S&P Global Platts – Winter forward basis at East Texas natural gas hubs is down sharply since the...
By: Felicity Bradstock – OilPrice.com – The Covid-19 pandemic led to hundreds of thousands of job losses in the global energy sector...
By: Seeking Alpha – Goodrich Petroleum (GDP) has agreed to be acquired by Paloma Partners VI Holdings (an affiliate of EnCap Energy Capital Fund...
By: William Watts – Marketwatch – Oil futures can shake off a breathtaking Black Friday plunge and then some, testing $125 a...
In the oilfield’s present-day context of wrenching anxiety over the policies of the Biden administration, historians find the example of the old-time...
Global oil markets turned red quickly after Black Friday. WTI futures in New York and Brent in London plummeted more than 12% from...
By: Michael Collins – USA Today – President Joe Biden is releasing 50 million barrels of oil from the nation’s emergency stockpile...
By: John Kemp – Reuters – President Joe Biden’s request for an investigation into anti-competitive behavior in the oil and gas markets...
By: Pippa Stevens – CNBC – President Joe Biden is asking the Federal Trade Commission to look into behavior from energy companies...
U.S. stock and bond investors face a big employment report this week, after returning from the Labor Day weekend to kick off September trading.
The U.S. jobs report, scheduled to be released Friday, will be “huge” from a market’s perspective, said Victoria Fernandez, chief market strategist at Crossmark Global Investments, in an interview. She said the report on jobs growth and the unemployment rate in August, has the potential to move stocks and bonds.
July employment data, released in early August, had rocked the stock market as it was softer than Wall Street expected and showed the unemployment rate rose to 4.3%. However, U.S. stocks have bounced back from their recent slump, with the Dow Jones Industrial Average logging a fresh record high Friday while the S&P 500 ended 0.3% below its all-time peak notched July 16.
“The overall economy continues to look pretty strong,” said Bob Elliott, co-founder, chief executive officer, and chief investment officer of Unlimited Funds, by phone. But “the jury is still out on whether we’re going to get a ‘no landing,’ a soft landing, or a hard landing.”
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By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
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A small group of California Republicans has introduced several bills ahead of a special...
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The oil and gas industry is inherently tied to geopolitical events and domestic policy...
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