Over the past year, few currencies have done worse than Russia’s rouble. Last September an American dollar bought just over 60 of...
SANTA BARBARA, Calif. (AP) — ExxonMobil lost a court bid Wednesday to truck millions of gallons of crude oil through central California...
LONDON (AP) — Britain on Wednesday gave the go-ahead for a major oil and gas project in the North Sea, ignoring warnings...
The Fed, Interest Rates and Inflation; a Story By Sarah Foster |Bankrate| Consumers and investors were spared from a 12th rate hike...
Story By Marc Sternfield|KTLA, via Yahoo News| Gasoline prices in California edged higher again on Tuesday, hitting an average of $5.84 per...
STORY By By MACK WILOWSKI |Investopedia| Higher oil prices likely won’t cause consumer spending and gross domestic product (GDP) to decline, Goldman Sachs (GS) analysts said...
Story By Chris Mathews | Hart Energy, via Yahoo News| Midcontinent oil and gas producer Mach Resources is planning to go public,...
By: Carlsbad Current-Argus – Oil and gas operations in the Permian Basin continued to decline this week, signaling American supplies were meeting...
Story By Alex Mills | Wichita Falls Times Record News| Saudi Arabia’s decision to reduce its oil supply has played a significant...
Story By Carla Sands |The Telegraph| At the G20 conference this month, President Biden stated that “the only existential threat humanity faces...
U.S. stocks closed lower on Thursday as bond yields rose and investors waited to hear from Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Symposium on Friday.
The Dow Jones Industrial Average fell about 177 points, or 0.4%, closing near 40,713, according to preliminary data.
The S&P 500 shed about 50 points, or 0.9%, to close around 5,570, logging its worst daily decline since Aug. 5, when it tumbled 3%.
The Nasdaq Composite lost about 299 points, or 1.7%, closing near 17,619.
"Powell is expected to lay the groundwork for the Fed’s first rate cut in over four years," Adam Turnquist, chief technical strategist at LPL Financial, wrote in emailed comments Thursday. "Signs of reduced pricing pressures and cooling economic growth will likely be enough for policymakers to start reducing the target rate."
According to Dow Jones Market Data, the 10-year Treasury yield jumped 8.5 basis points to 3.862%, notching its biggest daily gain in a week.
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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