Story By Melanie Goodfellow |DEADLINE EXCLUSIVE: Uri Singer’s Passage Pictures has announced a new feature Sands of Fortune, delving into the story behind...
In an unprecedented shift in financial strategy, leading U.S. energy corporations spent a more significant portion of their earnings rewarding shareholders in...
By: KUNM – The Bureau of Land Management has proposed comprehensive changes to its rules for oil and gas leasing on federal...
Story By Kevin George |Investopedia| Independent shale oil exploration and production (E&P) company Permian Resources (PR) said it would buy rival driller...
RIO DE JANEIRO (AP) — Ecuadorians voted against drilling for oil in a protected area of the Amazon, an important decision that...
Jennifer Gray, CNN Meteorologist |CNN| Areas along the South Texas coast are under tropical storm alerts for a yet-to-form system that could...
By: Reuters – China’s crude oil imports from top exporter Saudi Arabia are expected to remain depressed through the third quarter, analysts...
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...
Crude oil futures fell Sunday, after widely-anticipated Israeli airstrikes against Iran did not hit crucial oil facilities.
After initially dropping more than 5%, West Texas Intermediate crude CL00 -4.39% was down 4.2%, to $68.76 a barrel, as of 8:30 p.m. Eastern, while Brent crude BRN00 -4.22% the global benchmark, was down 4% to $72.62.
► Gold prices rallied, approaching $2,800. Global bonds continued to fall as investors speculated about how far and how quickly central banks will cut interest rates.
► Treasury yields rose above 4.2%, impacting the market's liquidity. Rising yields suggest caution among investors as the Federal Reserve hints at a more moderate pace, likely to include a 25-basis-point cut.
► Geopolitical tensions continue to create uncertainty. Macroeconomic indicators reveal a troubling landscape in the housing market, with existing home sales hitting a 14-year low, underscoring the challenges of elevated mortgage rates and persistently high home prices.
► Big Tech earnings are in full swing, and major developments unfolded in the sector, with Qualcomm facing disruption as Arm Holdings cancels a critical chip design license.
► Bitcoin continued its uptrend amid high market volatility as traders sought alternative investments. Meanwhile, Robinhood's acquisition of Bitstamp for $200 million underscores the growth trajectory and potential consolidation within the crypto industry.
ConocoPhillips has recently made headlines with its acquisition of Marathon Oil, a move that...
NEW YORK, Nov 29 (Reuters) – Oil prices edged lower on Friday and posted...
The owner of the Inglewood Oil Field in Los Angeles County is taking the...
By Jarrett Renshaw (Reuters) – U.S. President-elect Donald Trump does not intend to spare...
Thanksgiving Day, 6:42 a.m. The faint glow of sunrise illuminated the empty parking lot...
(Reuters) – Oil prices were little changed on Wednesday, pressured by a large surprise...
APA Corporation, a Houston-based oil and gas exploration company, is expanding its partnership with...
Story By Mella McEwen | Midland-Telegram Reporter |Devon Energy has begun detailing the results...
Donald Trump’s transition team is preparing to make energy a top priority, aiming to...
ONEOK, Inc. [OKE.N] and EnLink Midstream, LLC [ENLC.N] have announced that they have executed...
By Kaanita Iyer, CNN |President-elect Donald Trump has chosen North Dakota Gov. Doug Burgum to...
By Ernest Scheyder |HOUSTON (Reuters) – Exxon Mobil said on Wednesday it has signed...
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