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By: Silvio Marcacci – Forbes – Few climate proposals have been politicized more than the Green New Deal, although it is essentially...
Oil is often called the lifeblood of industrialized nations. Once refined, oil can be turned into automobile gas, petroleum products, chemical products,...
By – Sam Meredith – CNBC – OPEC and non-OPEC allies will meet Thursday to review production policy, amid a faltering recovery...
By: Don Hopey – The Morning Call – More natural gas was fracked from Pennsylvania wells in 2019 than in any previous...
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By: Rachel Adams-Heard and Kevin Crowley – Bloomberg – The meeting would mark the beginning of the end of Lea Frye’s career...
By: Reuters – No new liquefied natural gas (LNG) export projects could be approved this year for the first time in at...
U.S. stocks closed lower on Thursday as bond yields rose and investors waited to hear from Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Symposium on Friday.
The Dow Jones Industrial Average fell about 177 points, or 0.4%, closing near 40,713, according to preliminary data.
The S&P 500 shed about 50 points, or 0.9%, to close around 5,570, logging its worst daily decline since Aug. 5, when it tumbled 3%.
The Nasdaq Composite lost about 299 points, or 1.7%, closing near 17,619.
"Powell is expected to lay the groundwork for the Fed’s first rate cut in over four years," Adam Turnquist, chief technical strategist at LPL Financial, wrote in emailed comments Thursday. "Signs of reduced pricing pressures and cooling economic growth will likely be enough for policymakers to start reducing the target rate."
According to Dow Jones Market Data, the 10-year Treasury yield jumped 8.5 basis points to 3.862%, notching its biggest daily gain in a week.
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A federal judge has hit the pause button on new oil and gas drilling...
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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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