By: Reuters – Prior to the outbreak of fighting between Hamas and Israel, investors had become less bullish about the outlook for crude oil...
By: CNBC – OPEC on Monday raised its medium- and long-term forecasts for global oil demand. The oil producer group said the...
By: Reuters – Israel has suspended production at the Tamar gas field off its southern coast and will seek alternative fuel sources...
STORY BY Matthew Loh| Business Insider, via Yahoo News| The US is likely to directly intervene with air and naval strikes if...
By: Reuters – The White House may have blamed Exxon Mobil (XOM.N) for high energy prices taking their toll on consumers, but would struggle...
By: S&P Global – Global oil markets are poised for a potential price rally when trading reopens on Oct. 9 amid fears...
By: Robert Perkins & Eliza Turner – S&P Global – Russia has largely lifted its ban on diesel exports just two weeks after...
By: Reuters – Global crude oil prices could drop to about $60 per barrel by 2027 as demand growth slows, say oil...
Denver’s energy powerhouse, Civitas Resources Inc., is expanding its upstream footprint in the Permian Basin. The company has inked a $2.1 billion...
By: CNBC – It’s been a war of words and numbers between two major players in the energy industry – the International...
The U.S. stock market finished sharply higher Friday, as investors appeared encouraged by Federal Reserve Chair Jerome Powell’s Jackson Hole speech signaling the Fed was on the path toward cutting interest rates.
The Dow Jones Industrial Average climbed 462.30 points, or 1.1%, to close at 41,175.08.
The S&P 500 rose 63.97 points, or 1.1%, to finish at 5,634.61.
The Nasdaq Composite gained 258.44 points, or 1.5%, to end at 17,877.79.
According to Dow Jones Market Data, the Dow ended just 0.1% below its record closing high on July 17, while the S&P 500 finished 0.6% below its all-time closing high on July 16.
For the week, the Dow advanced 1.3% while the S&P 500 and technology-heavy Nasdaq each increased 1.4%, according to Dow Jones Market Data. All three major U.S. stock indexes booked back-to-back weekly gains.
Helium is the second most abundant element in the universe after hydrogen. It is a...
Landowners in Arkansas are calling on the Arkansas Oil and Gas Commission to reject...
Story By Jonathan Leake | The Telegraph | Analysts have warned that Labour’s tax...
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...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
A small group of California Republicans has introduced several bills ahead of a special...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
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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