Story By Alex Lawler, Dmitry Zhdannikov and Shariq Khan | REUTERS |Global oil demand growth needs to accelerate in the coming months, or the market...
Despite Europe’s ongoing efforts to curb energy purchases that fund Russia’s war in Ukraine, French imports of Russian liquefied natural gas (LNG)...
Story By David Carnevali and Kevin Crowley – (Bloomberg) — Refining billionaire Paul Foster is seeking to sell Franklin Mountain Energy, one of...
Riding the momentum of last month’s $5 billion North Dakota asset acquisition, Oklahoma City-based Devon Energy announced record oil production and net...
It has been 20 years since Red Adair died on August 7, 2004, at the age of 89. His company was credited...
Facing the need to secure battleground Pennsylvania, Vice President Kamala Harris is distancing herself from any previous statements opposing fracking. However, Republican...
Story by Andreas Exarheas| RigZone.com | In its latest Maritime Security Threat Advisory (MSTA), which was released on August 5, Dryad Global warned...
The recent sharp declines in major stock indexes have raised concerns of a recession among investors and analysts alike. The Dow Jones...
Story By Caroline Evans, Houston, and Everett Wheeler |Energy Intelligence Group| Independent US gas producers pinched by continually low commodity prices are looking...
Chevron Corporation has announced its decision to relocate its headquarters from San Ramon, California, to Houston, Texas, marking the end of an...
South Korea’s top court voted unanimously to dismiss the country’s impeached president, Yoon Suk Yeol, on Friday, clearing the way for the key American ally to elect a new leader after months of political turmoil that has tested its democratic guardrails.
In a ruling that millions of South Koreans watched on live television, the Constitutional Court’s eight justices endorsed the National Assembly’s decision to impeach Mr. Yoon for his failed attempt to place his country under martial law in December. With that ruling, Mr. Yoon, who had been suspended from office since the parliamentary vote on Dec. 14, was formally unseated.
Stocks closed sharply lower on Thursday as President Donald Trump's latest tariffs rocked Wall Street, with the S&P 500 posting its worst daily drop since mid-2020, according to Dow Jones Market Data.
Bond yields sank as investors flocked to haven government debt, fueled by growing worries that the U.S. economy could falter amid the uncertain backdrop for global trade.
According to FactSet data, the Dow Jones Industrial Average shed 1,679.39 points, or 4%, to end at 40,545.93.
According to Dow Jones Market Data, the S&P 500 skidded 274.45 points, or 4.8%, to 5,396.52, logging its biggest daily drop since June 11, 2020.
The Nasdaq Composite Index shed 1,050.44 points, or 6%, to 16,550.61, its biggest daily drop since March 16, 2020.
Oil prices dropped 6% on Thursday after OPEC+ accelerated its plan to increase oil output in May, compounding losses from US President Trump’s new tariffs, with Brent futures falling by $4.51 to $70.44. In today’s OPEC+ ministers’ meeting, countries decided to raise output by… pic.twitter.com/TRRrNnknEZ
— Zoom News (@zoomnewskrd) April 3, 2025
The Permian Basin, long celebrated as the crown jewel of America’s shale revolution, is...
CNBC – President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and...
As it ages, the Permian Basin is producing more water, gas, and less oil...
In 2024, Texas’s oil and natural gas industry achieved unprecedented production milestones, reinforcing the...
Iron Oak Energy Solutions LLC, a prominent proppant supplier in North America, has announced...
Goldman Sachs says a drop in oil prices could significantly impact production growth outside...
By Tsvetana Paraskova for Oilprice.com | As Saudi Arabia pushes ahead with its ambitious...
By Mella McEwen,Oil Editor |Midland Telegram-Reporter| Buffeted by geopolitical risk, trade policies and other factors,...
Story by Darrell Proctor | PowerMag.com | Officials in Pennsylvania have announced the redevelopment...
The oil and gas industry enters the second quarter of 2025 with cautious optimism....
Story By Andreas Exarheas |RigZone.com| U.S. commercial crude oil inventories, excluding those in the...
Story by Andreas Exarheas |RigZone.com| In a Stratas Advisors report sent to Rigzone by...
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