Suspected sabotage of Baltic Sea communication cables has sparked investigations and heightened tensions between Russia and the West. European officials and the...
From Bloomberg|by Jonathan Tirone| Iran has agreed to stop producing uranium enriched close to the level required for nuclear weapons, a sign...
Over the past five years, BP has attempted to make a bold move to transform itself from a traditional oil giant into...
By Tsvetana Paraskova for Oilprice.com | The Johan Sverdrup oilfield offshore Norway, the largest oilfield in Western Europe, resumed production early on...
Entergy has big plans for northeast Louisiana. The company has proposed a $3.2 billion project to build a natural gas plant to...
Story by Andreas Exarheas| RigZone.com | The U.S. Energy Information Administration (EIA) has revealed its latest Henry Hub natural gas spot price forecast...
After plenty of hype, the new Taylor Sheridan series Landman is finally hitting Paramount+ tomorrow, offering viewers a closer look at the...
By Kaanita Iyer, CNN |President-elect Donald Trump has chosen North Dakota Gov. Doug Burgum to serve as his next secretary of the Department...
FourPoint Resources, alongside its partners Quantum Capital Group and Kayne Anderson, has agreed to acquire Ovintiv Inc.’s assets in the Uinta Basin...
NEW YORK- (Reuters) – U.S. and global oil production are set to rise to slightly larger record highs this year than prior...
The U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 1. EIA HERE
U.S. stocks completed a momentous trading session on Wednesday, with investor optimism over Donald Trump's presidential election victory fueling the most significant post-election jump in the Dow Jones Industrial Average in over 100 years.
Wednesday's advance in all three major U.S. stock indexes came despite a spike in Treasury yields, led by a 15.3-basis-point rise in the 30-year rate.
Based on preliminary data, the Dow Jones Industrial Average closed up 1508.05 points, or 3.6%, at a new record close of 43,729.93.
The S&P 500 closed up by 146.28 points, or 2.5%, at 5,929.04.
The Nasdaq Composite ended up by 544.29 points, or almost 3%, at 18,983.47.
The small-cap Russell 2000 Index finished up by roughly 129 points, or 5.7%, at around 2,390 for its largest one-day point gain on record.
At Janus Henderson Investors, Marc Pinto, head of Americas equities, and Lucas Klein, head of EMEA and Asia Pacific equities, said the surprisingly straightforward U.S. election results may provide additional fuel for U.S. stocks through year-end. However, they said, it remains to be seen how policy will impact future earnings—the real driver of long-term returns.
The Western Anadarko Basin in Oklahoma has long been a cornerstone of U.S. oil...
Story by Adam Kemp |PBS News| When Rhiannon Kymer opened the doors of her...
President Donald Trump announced Thursday that the United States is set to boost oil...
Brazil’s government has officially approved joining OPEC+, the coalition of major oil-exporting nations, marking...
President Donald Trump’s declaration of a “national energy emergency” in early 2025 has sent...
Diamondback Energy has announced a $4.08 billion cash-and-stock acquisition of select subsidiaries of Double...
The Trump administration has taken another step toward expanding American crude oil production and...
Investing.com |The Energy Information Administration (EIA) has released its latest Natural Gas Storage report,...
By Andreas Exarheas |Rigzone.com| It may be that oil markets have not yet made...
Story By Felicity Bradstock |OilPrice.com| President Trump has doubled down on his pledges to...
By Georgina McCartney | HOUSTON (Reuters) – Two large earthquakes that hit the Permian...
Stroy By Nicole Jao| NEW YORK (Reuters) – Top U.S. refiners are poised to...
Have your oil & gas questions answered by industry experts.