Elizabeth Low, Jack Wittels and Chunzi Xu -(Bloomberg) -Via Yahoo News. At any other time in history, the current state of the...
Phillips 66 has announced its intention to lay off approximately 100 employees from the Finance and Procurement sectors based in Bartlesville. Following...
By: AP – U.S. oil field workers and their immediate relatives would be compensated for uninsured medical costs related to air pollution...
Story By Ali Ahmed |Insider Monkey| In this article, we will be covering the top 20 largest refineries in the world. If...
Story From Investing.com | U.S. crude stocks fell almost 6 million barrels last week, losing all that they added the prior week,...
Occidental Petroleum Corp., a major player in the oil industry based in Houston, is set to acquire Canadian clean-tech innovator Carbon Engineering...
By: AP – Children who lived closer to natural gas wells in heavily drilled Pennsylvania were more likely to develop a relatively...
Across the US, Republican-controlled states are seeing major investments in clean energy such as wind and solar. But conservative groups are banning...
(Bloomberg) — Expansion in the US shale patch has come to an end for now with oil output set to shrink for...
The International Energy Agency (IEA) has recently released a comprehensive report indicating a foreseeable deceleration in the growth of oil demand by...
An Israeli airstrike early Saturday hit a school compound in northern Gaza where displaced Palestinians were sheltering, killing more than 90 people, according to Gaza health authorities.
The Israeli military said Hamas and another armed Palestinian group were using the school compound in Gaza City for military operations and attacks on Israel.
U.S. stocks closed Friday higher, significantly cutting losses from earlier in the week. Equities staged a big comeback after extreme turbulence hit global financial markets.
According to preliminary data, the Dow Jones Industrial Average ended up about 51 points, or 0.1%, at around 39,497.
The S&P 500 closed 24 points higher, or 0.5%, closing near 5,344.
The Nasdaq Composite finished up 85 points, or 0.5%, finishing around 16,745.
On a weekly performance basis:
The Dow closed 0.6% lower, off from a peak 3.1% retreat on Monday from the previous Friday's close, per Dow Jones Market Data. The S&P 500 shed less than 0.1%, after sinking 4.3% Monday. The Nasdaq ended down 0.2%, after tumbling 6.4% Monday.
Treasury yields also were swept up by market volatility, with the benchmark 10-year rate closing out the week at 3.943%, its sixth lowest level of the year.
A passenger plane carrying 62 people crashed on Friday outside São Paulo, Brazil, killing all onboard, according to the Brazilian authorities.
The airline operating the flight, VoePass, said that Flight 2283 had crashed in the Brazilian city of Vinhedo, near its destination, São Paulo. The flight had taken off from Cascavel, Brazil, about 450 miles away, for a nearly two-hour scheduled flight that VoePass has been operating daily.
According to FlightRadar24, a provider of flight data, the plane was an ATR 72, a twin-engine regional turboprop made by ATR, a joint venture of two European aerospace manufacturers, Airbus and Leonardo. VoePass used the same plane to fly from São Paulo to Cascavel earlier on Friday, according to FlightRadar24 data.
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
In a recent interview with Bloomberg, Wil Vanloh, CEO of Quantum Energy Partners, shared...
By Lucia Kassai and Devika Krishna Kumar |Bloomberg)– Oil storage tanks at a key US...
A Spanish infrastructure company, Redexis, has reached a significant milestone for Spain’s energy industry....
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 Charles Kennedy for Oilprice.com| Refining margins across Asia fell this week to...
A small group of California Republicans has introduced several bills ahead of a special...
Have your oil & gas questions answered by industry experts.