By: Michael O’Boyle & Sridhar Natarajan – Bloomberg – It’s a Wall Street nightmare. You score hundreds of millions of dollars on...
By: Eklavya Gupte – S&P Global Platts – Global investment bank JPMorgan Chase, which is one of the largest financiers to the...
By: Sara Sneath – The New Orleans Advocate – The Louisiana House of Representatives has unanimously passed a bill to exempt oil...
By: Adrian Hedden – Carlsbad Current-Argus – Smaller oil and gas operators could be unfairly burdened by the State of New Mexico’s recently...
By: Mary-Ann Russon – BBC – The Colonial Pipeline carries 2.5 million barrels a day – 45% of the East Coast’s supply...
By: Starr Spencer – S&P Global Platts – Marathon Oil is returning to limited operations in Oklahoma and the Permian Basin’s western...
By: Reuters – (EQT.N), the largest U.S. natural gas producer, said on Thursday it will buy Appalachian basin rival Alta Resources for $2.93...
By: Ashton Eley – El Dorado News Times – Nearly 80% of Arkansas’ more than 47,300 oil and gas wells sit spent...
By: David Blackmon – Forbes – A recent report by the consulting/analytical firm Wood MacKenzie projects what would appear to be devastating impacts on...
By: Jack Money – The Oklahoman – You can pay me now or pay me later for the energy you use. That’s...
U.S. stocks finished higher on Tuesday, with the S&P 500 and the Nasdaq Composite scoring their biggest four-day rally of 2024 after softer-than-expected producer-price data reinforced bets that the Federal Reserve will commence cutting interest rates in September.
The Dow Jones Industrial Average rose 408.63 points, or 1%, to end at 39,765.64, according to FactSet data.The S&P 500 gained 90.04 points, or 1.7%, to finish at 5,434.43, and the Nasdaq Composite advanced 407 points, or 2.4%, ending at 17,187.61.
The S&P 500 and the Nasdaq have posted gains for four consecutive trading sessions. Both indexes notched their biggest four-day percentage climb of 2024.
Tuesday’s advance added to the market's comeback from the stock selloff earlier this month, with the three major indexes further erasing their heavy losses from the Aug. 5 rout.
Investors now await Wednesday's consumer-price index figures for July and Thursday's retail-sales data to gauge the health of the U.S. economy and whether the Fed truly has a green light to cut rates in September
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...
By Georgina McCartney (Reuters) – Top U.S. oilfield services firms are facing weaker pricing...
by Andreas Exarheas|RigZone.com| A fact sheet posted on the White House website on Tuesday stated...
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...
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 Julianne Geiger for Oilprice.com | Despite Trump’s full-throttle push to “unleash” U.S. energy,...
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 Andreas Exarheas |RigZone.com| U.S. natural gas is dipping back on the fact that the...
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