WHERE IT BEGINS Just over a week before the presidential election, Mizuho Americas laid out what it saw as the likely shift...
By: Renée Jean – Williston Herald – The Bakken was the only shale play in America to improve production efficiency per well...
By: Reuters – Oil edged up towards $69 a barrel on Tuesday as a tight physical market offset some of the COVID-19...
By: Reuters – U.S. investment bank Goldman Sachs said the OPEC+ deal to boost oil supply supports its view on oil prices...
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David Hasemyer, Inside Climate News – The Trans-Alaska Pipeline, one of the world’s largest oil pipelines, could be in danger due to...
By: Laila Kearney – Reuters – North Dakota is suing the U.S. government on claims the Department of the Interior and the...
U.S. stocks finished higher on Tuesday, clawing back some losses from their worst day in nearly two years, as investors paused from concerns that the U.S. economy could be heading toward a recession.
The Dow Jones Industrial Average rose 0.8%, to end near 38,996, according to preliminary data from FactSet.
The S&P 500 was up 1%, to finish around 5,239.
The Nasdaq Composite ended 1% higher, at around 16,366.
The numbers: The trade deficit fell by 2.5% in June and receded from a 19-month high, owing to higher exports of aircraft and U.S.-produced oil and gas.
Government data showed that the deficit dropped to $73.1 billion in June from $75.0 billion in May.
Still, a bigger trade gap in the second quarter shaved 0.7 percent points off the 2.8% annual rate of growth in the second quarter. Higher deficits subtract from the gross domestic product.
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
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In a recent interview with Bloomberg, Wil Vanloh, CEO of Quantum Energy Partners, shared...
By Lucia Kassai and Devika Krishna Kumar |Bloomberg)– Oil storage tanks at a key US...
A Spanish infrastructure company, Redexis, has reached a significant milestone for Spain’s energy industry....
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By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Some projections rank this discovery as the world’s fourth-largest in terms of oil and...
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