OKLAHOMA CITY, Aug. 7, 2018 /PRNewswire/ –/PRNewswire/ Continental Resources, Inc. today announced second quarter operating and financial results. The Company reported net income of $242.5 million,...
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OKLAHOMA CITY, Aug. 6, 2018 /PRNewswire/ — Continental Resources, Inc. (NYSE: CLR) (The “Company”) today announced that Franco-Nevada (NYSE & TSX: FNV) has agreed to pay...
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THE WOODLANDS, Texas, — Newfield Exploration Company (NYSE: NFX) announced last week its second-quarter 2018 unaudited financial and operating results. Additional details can be...
Chesapeake Energy Corp posted a quarterly loss on Wednesday, hurt by a drop in natural gas prices and higher expenses, sending its...
Devon Energy Corp. (DVN) on Tuesday reported a second-quarter loss of $425 million, after reporting a profit in the same period a...
Oil Markets Oil prices fell on Friday, weighed down by a drop in the U.S. equities market, but Brent still marked a...
It was Chesapeake that discovered the Ohio Utica in 2011. At the time, the late Aubrey McClendon, CEO, famously said, “It would...
Anytime Iran and the United States trade threats, global oil markets snap to attention. The reason is the narrow stretch of water...
U.S. crude oil fell more than 1% on Wednesday, tumbling below $70 per barrel and raising speculation that OPEC+ could delay production increases scheduled to begin next month.
The U.S. benchmark hit a session low of $68.83, the lowest level since Dec. 13, after plunging more than 4% on Tuesday. U.S. crude and global benchmark Brent have erased all gains for 2024.
“With demand growth uncertain and significant supply outages looking unlikely, all eyes are again on OPEC+,” Svetlana Tretyakova, senior analyst at Rystad Energy, said in a note Wednesday. “Until OPEC+ clarifies its strategy, overall bearishness will persist.”
Here are Wednesday’s closing energy prices:
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A federal judge has hit the pause button on new oil and gas drilling...
Story By Andreas Exarheas |Rigzone.com| The U.S. Energy Information Administration’s (EIA) latest gasoline and...
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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The oil and gas industry is inherently tied to geopolitical events and domestic policy...
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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