Forbes – When it rains it pours. International and domestic oil and gas markets and prices are under heavy pressure from COVID-19 impacts and...
Oil could fall below $20 a barrel and “stock markets could easily shed another 30-40% of their values,” one analyst said. The...
Reuters – For the last five years, U.S. shale oil producers have been battling suppliers for lower costs and running equipment and...
Midland Reporter-Telegram – Two more Houston energy companies slashed spending and dividends Thursday after oil prices crashed earlier this week. Apache Corp....
CNBC – Oil dropped as much as 8% on Thursday as crude continues to take a hit on both the supply and...
By: Jack Money The Oklahoman – Pandemic fears and a global energy war are poised to wreak havoc on Oklahoma’s oil and...
Financial Post – Chevron said it is looking at ways to cut spending, which could lead to lower near-term oil and gas...
The Washington Post – Wall Street was under siege Monday as a coronavirus-fueled oil war sent crude prices plummeting more than 20...
The Dallas Morning News – Dallas City Hall owes gas driller Trinity East Energy $44.5 million — and counting. That’s according to...
Bloomberg – Troubled oil and gas companies may have a hard time persuading their banks to keep extending credit as the outlook...
The number of Americans filing for unemployment benefits dropped significantly for the second consecutive week, reaching 227,000 in the week ending October 19. This decline of 15,000 claims from the previous week reverses the spike caused by Hurricanes Helene and Milton earlier in the month, which had particularly affected states like North Carolina and Florida.
Raw unemployment claims fell to 202,365 last week, with decreases reported in 39 of 53 states and territories. However, continuing claims increased by 28,000 to 1.9 million, surpassing prepandemic levels, as job seekers are taking longer to find new employment.
While jobless claims remain historically low, their accuracy typically diminishes during the holiday season from November to January due to temporary hiring fluctuations. Nevertheless, with the Federal Reserve reducing interest rates, the economy is expected to maintain growth at a pace that supports low unemployment and minimal layoffs.
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...
U.S.-based Diversified Energy has announced a definitive agreement to acquire Maverick Natural Resources from...
Story By Arpan Rai | Ukrainian officials welcomed Donald Trump’s threat to sanction Russia harder, suggesting punitive...
🟢 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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