ALBUQUERQUE JOURNAL – Southeastern New Mexico is riding a monster wave of oil production, with output flooding into a record of nearly...
OKLAHOMA CITY, March 11, 2019 /PRNewswire/ — Red Wolf Natural Resources, LLC (“Red Wolf”), a newly formed upstream oil and gas exploration and production company,...
Many division order analysts are squeamish about working Oklahoma as a geographic area. This is because Oklahoma is unique in its royalty...
A New York-based hedge fund manager said Wednesday Gulfport Energy’s plan to repurchase $400 million of stock was just one of several...
LONDON (Bloomberg) — BP Plc’s sale of a portfolio of U.S. onshore shale assets worth a combined $7 billion is progressing, with...
Reuters – Exxon Mobil Corp. on March 5 estimated production at its top U.S. shale field would rise to 1 million barrels...
It is time to start chipping away at the giant iceberg of issues surrounding post-production deducts and the litigation that follows. This...
CALGARY, Alberta–(BUSINESS WIRE)–Feb 20, 2019–RS Energy Group (RSEG) is excited to announce it has formed a strategic partnership with Denver-based FourPoint Energyand LongPoint Minerals, uniquely...
Jaime R. Carrero | Victoria Advocate –Researchers are using satellites to see how much flaring is occurring in the Eagle Ford Shale...
Hart Energy –Devon Energy Corp. (NYSE: DVN) launched plans on Feb. 19 to complete its transformation into a high-return U.S. oil growth...
Oil futures finished lower on Monday, with U.S. and global benchmark prices at their lowest in almost two weeks.
Crude prices face headwinds from "familiar factors, with analysts remaining skeptical that Chinese stimulus measures will be sufficient for boosting lackluster crude demand," said Robbie Fraser, associate director of global research and analytics at Schneider Electric.
West Texas Intermediate crude for December delivery fell $2.34, or 3.3%, to settle at $68.04 a barrel on the New York Mercantile Exchange. January Brent crude, the global benchmark, dropped $2.04, or 2.8%, to $71.83 a barrel on ICE Futures Europe. According to Dow Jones Market Data, Brent and WTI marked their lowest settlements since Oct. 29.
Stocks ended higher Monday, with the Dow, S&P 500 and Nasdaq Composite building on last week's record run.
The Dow closed above 44,000 for the first time, while the S&P 500 ended just above the 6,000 milestone after temporarily trading above that threshold in Friday's session. The U.S. bond market was closed Monday for the Veterans Day holiday.
The Dow ended 304.14 points higher, up 0.7%, at 44,293.13
The S&P 500 rose 5.81 points, or 0.1%, to 6,001.35.
The Nasdaq Composite finished at 19,298.76, up 11.99 points, or 0.1%
Veterans Day is a federal holiday in the United States that honors all military veterans. Originally called Armistice Day, it was established to commemorate the end of World War I. Today, it is a day marked by parades, public events, and the closure of many businesses and government offices.
The stock market, including the New York Stock Exchange and Nasdaq, will remain open on Veterans Day, but the bond markets will be closed. The U.S. Postal Service will not deliver mail, and most banks will also be closed. Additionally, since it is a federal holiday, all non-essential government offices will be closed, and it is a state holiday in nearly every state except Wisconsin.
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...
By Darren Barbee | Hart Energy, via Yahoo News | ConocoPhillips Co., looking to shed...
By Felicity Bradstock for Oilprice.com | President Trump has been emphatic about his support for...
President Donald Trump announced Thursday that the United States is set to boost oil...
by Bloomberg|Kari Lundgren| The first ship in a 30 billion-kroner ($2.7 billion) plan to store...
Story by Adam Kemp |PBS News| When Rhiannon Kymer opened the doors of her...
By Lucia Kassai |BNN Bloomberg | Slowing U.S. oil-production growth is casting a pall over...
President Donald Trump’s declaration of a “national energy emergency” in early 2025 has sent...
Brazil’s government has officially approved joining OPEC+, the coalition of major oil-exporting nations, marking...
By Andreas Exarheas |Rigzone.com| It may be that oil markets have not yet made...
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