AXIOS – Pain in the U.S. oil patch from the coronavirus outbreak is no longer on the horizon. It’s here, and several...
Williston Herald – A University of North Dakota economist anticipates that it won’t take as long for the Bakken to recover from...
CNBC – Some of the world’s largest oil producers will meet to discuss a historic production cut later this week, with energy...
Wal van Lierop – Forbes – The COVID-19 pandemic has shuttered the world’s economies, overwhelmed healthcare systems and taken loved ones from...
NEW YORK (AP) — In Montana, a father and son running a small oil business are cutting their salaries in half. In...
By: Dylan Goforth – Enid News & Eagle – Gov. Kevin Stitt this week sent a letter to President Donald Trump, urging...
USA TODAY – Former Energy Secretary Rick Perry believes that the oil industry could collapse because of the dramatic decrease in demand...
By Greg Avery – Reporter, Denver Business Journal – Denver-based oil company Whiting Petroleum is seeking Chapter 11 bankruptcy protection, the first of what experts...
Houston Chronicle – Bankruptcy attorneys and restructuring experts are quickly becoming the most popular people in the oil patch. Energy companies are...
Texas Tribune – Two Texas oil companies with large footprints in the West Texas oil patch sent a letter Monday to state...
U.S. stocks finished higher on Monday as Wall Street geared up for a busy week packed with quarterly earnings from megacap technology companies.
The Dow Jones Industrial Average rose 273.17 points, or 0.7%, to end at 42,387.57. It was the largest one-day point and percentage gain since Oct. 16.
The S&P 500 was up 15.40 points, or 0.3%, to finish at 5,823.52.
The Nasdaq Composite gained 48.58 points, or 0.3%, ending at 18,567.19.
Monday's stock market rally came as oil futures suffered their largest daily percentage decline in over two years after widely anticipated Israeli airstrikes against Iran did not hit crucial oil facilities.
The S&P 500's energy sector was the worst performer on the large-cap benchmark index, off 0.7%, according to FactSet data.
Looking ahead, five of the so-called Magnificent Seven companies are scheduled to report their earnings results this week. Google parent Alphabet Inc. is scheduled to report on Tuesday, followed on Wednesday by Microsoft Corp. and Meta Platforms Inc. Apple Inc. and Amazon.com Inc. will report on Thursday.
By JENNIFER McDERMOTT | AP | Chris Wright, President-elect Donald Trump’s pick for energy secretary, told...
Story By Sohrab Darabshaw | Via Metal Miner| U.S. President Donald Trump has not...
President Donald Trump wasted no time reversing the country’s energy policies upon taking office,...
Canada is weighing its options for retaliating against incoming U.S. President Donald Trump’s proposed...
The recent unveiling of DeepSeek, an AI model developed by a Chinese startup, has...
Story by Andreas Exarheas| RigZone.com | Donald J. Trump issued a raft of energy orders...
Tsvetana Paraskova for Oilprice.com | Canada has drafted a list of U.S. goods worth...
Argentina concluded 2024 with its largest energy trade surplus in nearly two decades, according...
Story By Arpan Rai | Ukrainian officials welcomed Donald Trump’s threat to sanction Russia harder, suggesting punitive...
U.S.-based Diversified Energy has announced a definitive agreement to acquire Maverick Natural Resources from...
🟢 US oil and gas companies are expected to prioritize shareholder returns and limit...
Tsvetana Paraskova | OilPrice.com | President Trump’s ‘drill, baby, drill’ policy promises to unleash...
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