By: Karl W. Smith – Bloomberg – U.S. President Joe Biden is pushing for a temporary increase in oil and gas production at...
By: Valerie Volcovici and Nichola Groom – Reuters – The Biden administration on Tuesday unveiled a plan to slash emissions of the...
Denver-based natural gas company Antero Resources is letting all of its hedging contracts expire due to its confidence that higher oil and...
By: Pippa Stevens – CNBC – Chevron said Friday that it generated the highest free cash flow on record during the third quarter...
By: Bloomberg News – The culprit behind the latest jump in oil prices isn’t soaring natural gas prices or even OPEC+’s limits...
What is ESG and why should I care? ESG is a back door way of choking capital to the energy sector. Its...
By: Gerson Freitas Jr. – Pittsburgh Post-Gazette – U.S. natural gas prices soared the most in more than a year, erasing much...
By: Noah Browning – Reuters – Oil prices extended pre-weekend gains on Monday to hit multi-year highs, lifted by tight global supply...
By: Bob Woods – CNBC – As energy sector demand roars back and commodities market pundits talk about the return of $100...
By: David Blackmon – Forbes – On April 20, 2020, during the depths of the COVID-19 pandemic, the price for a barrel...
U.S. stocks ended higher on Monday, building on last week's gains.
According to Dow Jones Market Data, the Dow Jones Industrial Average climbed 236.77 points, or 0.6%, to end at 40,896.53 for its fifth straight daily gain.
The S&P 500 gained 54.00 points, or 1%, to 5,608.25 for its eighth straight daily gain — logging its longest winning streak since November 8, 2023, when the market rose for eight straight trading days. The index also notched its largest eight-day percentage gain since March 24, 2022.
The Nasdaq Composite rose 245.05 points, or 1.4%, to finish at 17,876.77 for its eighth straight daily gain — recording its longest winning streak since December 19, 2023, when the market rose for nine straight trading days. The index also exited correction territory on Monday after only 11 trading days, the shortest correction for the index since the one ending October 11, 2011, which lasted six trading days.
Based on data since 1971, the Nasdaq Composite saw an average gain of 0.3% in the week after exiting correction territory and an average rise of 23.6% one year after such a move.
Market watchers widely expect Federal Reserve Chair Jerome Powell to set the tone for a September interest-rate cut in his speech at the Kansas City Fed’s annual Jackson Hole Economic Symposium on Friday.
However, if the speech goes differently, it could threaten the stock market’s recent bounce.
Powell is due to speak on the economic outlook at 10 a.m. Eastern time, following a precedent where Fed chairs almost always give a keynote speech during the high-profile annual gathering that regularly attracts top U.S. and global central bankers. The event runs from Aug. 22 to 24 in Grand Teton National Park in Wyoming.
The recent unveiling of DeepSeek, an AI model developed by a Chinese startup, has...
🟢 US oil and gas companies are expected to prioritize shareholder returns and limit...
U.S.-based Diversified Energy has announced a definitive agreement to acquire Maverick Natural Resources from...
By Georgina McCartney (Reuters) – Top U.S. oilfield services firms are facing weaker pricing...
Infinity Natural Resources, Inc. (“Infinity”) has officially made its Wall Street debut, announcing the...
Chris Mathews | Hart Energy, via Yahoo Finance | Diamondback Energy will drop down billions of...
by Andreas Exarheas|RigZone.com| A fact sheet posted on the White House website on Tuesday stated...
Dealmaking in the U.S. oil and gas industry reached $105 billion in 2024 while...
US Energy Development Corporation (USEDC) is gearing up for a big year in 2025...
By Felicity Bradstock | OilPrice.com | Several U.S. oil and gas companies have warned that...
El Paso billionaire Paul Foster and his partners at Franklin Mountain Energy (FME), a...
By Julianne Geiger for Oilprice.com | Despite Trump’s full-throttle push to “unleash” U.S. energy,...
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