The number of rigs exploring for oil and natural gas in the U.S. declined by three this week to 421, snapping three...
With the equity backing of Natural Gas Partners, HighMark Energy was formed in the fall of 2013 to acquire, develop and produce upstream...
Marathon Oil allocated $1.15 billion to activity in North America for 2016 with the majority focused on the Company’s three U.S. resource...
On June 2, Halcón Resources Corp. reported that on May 26, it was notified that the price of its common stock had...
I am continually analyzing a myriad of data streams in an effort to determine where best to invest in buying oil and...
The West Texas Intermediate (WTI) oil futures are currently trading at around $48 per barrel this morning. Baker Hughes Inc. reported another...
Oil prices climbed Thursday, with U.S. and global benchmark crude settling at their highest levels in nearly two weeks, as traders monitored reports from Ukraine claiming Russia had launched an intercontinental ballistic missile.
The missile was described as Moscow's first use of a long-distance missile designed to deliver nuclear weapons since the conflict began in February 2022. Still, Western officials disputed that such weapons were used.
Price moves
-- West Texas Intermediate crude for January delivery rose $1.35, or 2%, to settle at $70.10 a barrel on the New York Mercantile Exchange. Based on the front month, WTI ended at its highest since Nov. 8, according to Dow Jones Market Data.
-- January Brent crude the global benchmark, rose $1.42, or 2%, to $74.23 a barrel on ICE Futures Europe, the highest since Nov. 7.
-- December gasoline added 0.7% at $2.06 a gallon, while December heating oil HOZ24 rose 2.2% to $2.27 a gallon.
-- Natural gas for December delivery climbed by 4.6% to $3.34 per million British thermal units, scoring the highest settlement in about a year.
The Osage Minerals Council has taken a firm stand against the Department of Government...
OPEC+ has confirmed that it will proceed with its planned April 2025 oil production...
By Bloomberg |Alex Longley, Jack Wittels| The manager of an oil tanker on fire...
JON GAMBRELL Associated Press | DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil...
by Bloomberg| Nathan Risser | The trade in fossil fuels across borders peaked in 2017 and is...
As construction, labor, and borrowing costs continue to climb, several U.S. liquefied natural gas...
The recent U.S. decision to impose a 25% tariff on steel and aluminum imports...
LITTLETON, Colorado, (Reuters) – Energy product traders, utilities, investors and business executives are among...
Continental Resources has entered a joint venture with Türkiye Petroleum and TransAtlantic Petroleum to...
Oilfield theft has become a major concern in Texas, where the energy industry remains...
By Alex Kimani for Oilprice.com | Three years ago, Europe suffered one of its...
HOUSTON (Reuters)—The American Petroleum Institute, a leading industry group, said on Wednesday that U.S....
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