TULSA — ONEOK Inc. said Monday it will expand energy infrastructure in Oklahoma’s STACK play to serve growth from EnLink Midstream Partners...
June 16, 2017 by Tom Terrarosa U.S. oil and natural gas producers added six drilling rigs over the past week, bringing the...
When conveying real estate in Oklahoma, including any interest in minerals, there are numerous types of instruments of conveyance a landowner may...
U.S. exploration and production companies have added an extra 400+ rigs to target oil-bearing formations since the end of May 2016. The...
June 9 (UPI) — The economy in shale-rich Oklahoma has recovered from last year’s market downturn as gross tax receipts improve, the...
STACK pilot well performance so far in 2017 is mixed as one would expect in the early stages of assessing a new...
Times Record News, June 5, 2017 The Texas oil industry had no where to go but up after crashing down to about $28...
Lonestar Resources US Inc. (NASDAQ: LONE) said May 30 it agreed to acquire roughly 21,000 net Eagle Ford acres—significantly increasing its leasehold...
Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG) and EOG Resources, Inc. (NYSE: EOG) have entered into a definitive agreement...
Oklahoma City-based Continental Resources Inc., recently disclosed the development of a new rock layer in south central Oklahoma. Continental teams have completed...
Oil futures on Friday ended lower, but still higher for the week, with the possibility that Venezuelan and, especially, Iranian exports will decline due to sanctions being the dominant factors — and bullish ones at that, said Michael Lynch, president at Strategic Energy & Economic Research.
Venezuelan oil exports are “minor enough that, even if the sanctions are effective, the market will be only minimally affected,” he said. President Donald Trump earlier this week threatened “secondary tariffs” of 25% on all imports from any country that buys oil from Venezuela.
Iranian oil exports, meanwhile, could decline by half a million barrels a day or more, but it's not clear how successful sanctions will be, said Lynch. The U.S. on March 20 sanctioned additional entities that have participated in Iran’s petroleum trade as part of its ongoing "maximum pressure" campaign on Iran.
May West Texas Intermediate crude settled down 56 cents, at $69.36 a barrel Friday, down 0.8% for the session but up 1.6% for the week. Brent crude, the international oil benchmark, closed down 40 cents, at $73.63 per barrel.
The U.S. stock market closed sharply down Friday, booking weekly losses as investors fretted over the potential for tariffs to weigh on consumer spending and weaken the economy.
According to preliminary FactSet data, the Dow Jones Industrial Average closed 1.7% lower, the S&P 500 dropped 2%, and the technology-heavy Nasdaq Composite lost 2.7%.
Stock-market volatility climbed Friday as traders parsed fresh economic reports showing core inflation rose in February more than forecast and that consumer sentiment slumped in March amid worries that tariffs will increase inflation. Investors expect that President Donald Trump will reveal his plan for reciprocal tariffs on April 2, an announcement he refers to as "Liberation Day.”
This week, the Dow lost 1%, the S&P 500 slid 1.5% and the Nasdaq fell 2.6%, the preliminary data show.
The United Arab Emirates is making a major financial play in the United States,...
CNBC – President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and...
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A jury in North Dakota has delivered a devastating blow to Greenpeace, ordering the...
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Iron Oak Energy Solutions LLC, a prominent proppant supplier in North America, has announced...
President Donald Trump on Monday announced a sharp new move aimed at Venezuela’s oil...
The oil and gas industry enters the second quarter of 2025 with cautious optimism....
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