In a story in the New York Times,Rebecca F. Elliott writes that electricity demand is rising so quickly in the United States...
In an impactful move set to strengthen its foothold in the Delaware Basin, Kinetik Holdings Inc. (NYSE: KNTK) has announced a $180...
➡️Recent discoveries in Guyana and Namibia have reignited interest in deepwater oil exploration, offering high returns for major oil companies. ➡️Despite forecasts...
Equinor UK Ltd, a subsidiary of Equinor ASA, and Shell UK Limited, a subsidiary of Shell plc, have announced a major energy...
The Biden administration has announced plans to hold an oil and gas lease sale in Alaska’s Arctic National Wildlife Refuge (ANWR) on...
Story By Julianne Geiger for Oilprice.com | The European Union is working with the United States to soften the blow without undermining...
Imagine you own a 135-acre farm in Tioga County, Pennsylvania, and after negotiating what you believed to be a cost-free royalty agreement...
CNX Resources Corporation (NYSE: CNX) has taken a significant step in its operational expansion by announcing the acquisition of Apex Energy II,...
Frank Phillips, born on November 28, 1873, in Scotia, Nebraska, was the eldest of ten children in a farming family. In 1874,...
Crescent Energy Company (NYSE: CRGY) has made a bold move in the energy sector by signing a definitive agreement to acquire assets...
Oil futures declined on Friday, with worries about the global economic outlook and rising trade tensions from the Trump administration’s tariff plans prompting U.S. and global benchmark prices to post their biggest monthly losses since September.
Prices on Friday then finished off at the session’s lowest levels after a tense meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky dashed hopes for a Ukraine-Russia peace deal that might have eventually led to an end to sanctions on Russia’s oil sector.
U.S. stocks ended sharply higher Friday, after a choppy trading session in which investors appeared initially shaken by Ukraine President Volodymyr Zelensky’s tense meeting at the White House.
The Dow Jones Industrial Average rose 601.41 points Friday, or 1.4%, to close at 43,840.91.
The S&P 500 gained 92.93 points, or 1.6%, to finish at 5,954.50.
The Nasdaq Composite climbed 302.86 points, or 1.6%, to end at 18,847.28.
Investors also assessed on Friday the latest inflation reading from the personal-consumption expenditures price index, which was in line with Wall Street’s forecast. U.S. stocks ended the trading session, the last day of February, with a monthly loss as sticky inflation worries and growth concerns weighed on the market.
The Dow fell 1.6% in February, while the S&P 500 saw a monthly drop of 1.4% and the technology-heavy Nasdaq saw a 4% monthly loss. The Nasdaq snapped a three-month winning streak.
The United Arab Emirates is making a major financial play in the United States,...
CNBC – President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and...
As it ages, the Permian Basin is producing more water, gas, and less oil...
In 2024, Texas’s oil and natural gas industry achieved unprecedented production milestones, reinforcing the...
Goldman Sachs says a drop in oil prices could significantly impact production growth outside...
Iron Oak Energy Solutions LLC, a prominent proppant supplier in North America, has announced...
By Mella McEwen,Oil Editor |Midland Telegram-Reporter| Buffeted by geopolitical risk, trade policies and other factors,...
Story By Rodielon Putol | Earth.com | Transitioning from fossil fuels to renewable energy,...
The Permian Basin, long celebrated as the crown jewel of America’s shale revolution, is...
The oil and gas industry enters the second quarter of 2025 with cautious optimism....
President Donald Trump on Monday announced a sharp new move aimed at Venezuela’s oil...
By Tsvetana Paraskova for Oilprice.com | As Saudi Arabia pushes ahead with its ambitious...
Have your oil & gas questions answered by industry experts.