By: Matthew Brown and Felicia Fonseca – Associated Press – On oil well pads carved from the wheat fields around Lake Sakakawea,...
As banks pull back from energy lending, a variety of funds, including some of the world’s biggest, are rushing in to fill...
By: Bill Holland – S&P Global Market Intelligence – Designed with input from the financial and regulatory communities, the largest oil and...
By: Corina Ricker – EIA – In our June 2021 Short-Term Energy Outlook (STEO), we forecast U.S. natural gas prices to increase during...
By: Stephen Cunningham – Rystad Energy – Private equity is finally seeing some upside from shale investments, after treading water for the...
By: Michael Lynch – Forbes – Production of oil and gas from shale has been a modern marvel, and one that has...
By: Robert Tuttle – Bloomberg – Maine became the first U.S. state to enact a law requiring divestment from fossil fuels, after...
By: Jack Money – The Oklahoman – An oil and gas company claims in a lawsuit filed last week that a representative...
By: Amy R. Sisk – The Bismark Tribune – North Dakota has ranked as the nation’s second-biggest oil producer for nine years,...
By: Ron Bousso, Jessica Resnick-Ault, David French – Reuters – The sale could be for part or all of Shell’s position in...
Oil prices climbed Thursday, with U.S. and global benchmark crude settling at their highest levels in nearly two weeks, as traders monitored reports from Ukraine claiming Russia had launched an intercontinental ballistic missile.
The missile was described as Moscow's first use of a long-distance missile designed to deliver nuclear weapons since the conflict began in February 2022. Still, Western officials disputed that such weapons were used.
Price moves
-- West Texas Intermediate crude for January delivery rose $1.35, or 2%, to settle at $70.10 a barrel on the New York Mercantile Exchange. Based on the front month, WTI ended at its highest since Nov. 8, according to Dow Jones Market Data.
-- January Brent crude the global benchmark, rose $1.42, or 2%, to $74.23 a barrel on ICE Futures Europe, the highest since Nov. 7.
-- December gasoline added 0.7% at $2.06 a gallon, while December heating oil HOZ24 rose 2.2% to $2.27 a gallon.
-- Natural gas for December delivery climbed by 4.6% to $3.34 per million British thermal units, scoring the highest settlement in about a year.
On Monday, President Donald Trump reignited the energy debate by announcing a bold new...
In a significant move within the energy sector, Elliott Investment Management, one of the...
by Lucia Kassai – (Bloomberg) — US oil refiners along the Gulf Coast are...
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...
The Western Anadarko Basin in Oklahoma has long been a cornerstone of U.S. oil...
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...
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...
The Trump administration has taken another step toward expanding American crude oil production and...
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