(Reuters) -Shale producers Pioneer Natural Resources Co and Devon Energy Corp on Tuesday tightened budgets and warned of lower drilling and completions...
By: Yahoo – The Railroad Commission of Texas has granted approval for the Trinity Gas Storage natural gas storage project (“Trinity“), a critical...
Chesapeake Energy, a leading U.S. oil and gas company, announced on Wednesday that it anticipates a decrease in oilfield service costs by...
By: CNBC – Oil major BP on Tuesday reported a nearly 70% year-on-year drop in second-quarter profits on the back of weaker fossil...
LONDON/HOUSTON/SINGAPORE, (Reuters) – Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from...
By: Reuters – Britain on Monday committed to granting hundreds of licenses for North Sea oil and gas extraction as part of...
Continental is the biggest shale oil producer in North Dakota and Oklahoma, while also drilling wells in Wyoming and in the prolific Permian...
Story By Adrian Hedden|Carlsbad Current-Argus| National policy on controlling air pollution from oil and gas could be modeled after New Mexico’s recently...
By CNBC|Ruxandra Iordache| Saudi Arabia’s economy slowed in the second quarter, as crude output cuts and a drop in oil prices reined...
Chevron Corp, one of the world’s leading oil companies, announced on Friday that its annual oil and gas production is expected to...
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.
By JENNIFER McDERMOTT | AP | Chris Wright, President-elect Donald Trump’s pick for energy secretary, told...
Story By Sohrab Darabshaw | Via Metal Miner| U.S. President Donald Trump has not...
President Donald Trump wasted no time reversing the country’s energy policies upon taking office,...
Canada is weighing its options for retaliating against incoming U.S. President Donald Trump’s proposed...
The recent unveiling of DeepSeek, an AI model developed by a Chinese startup, has...
Story by Andreas Exarheas| RigZone.com | Donald J. Trump issued a raft of energy orders...
Tsvetana Paraskova for Oilprice.com | Canada has drafted a list of U.S. goods worth...
Argentina concluded 2024 with its largest energy trade surplus in nearly two decades, according...
U.S.-based Diversified Energy has announced a definitive agreement to acquire Maverick Natural Resources from...
Story By Arpan Rai | Ukrainian officials welcomed Donald Trump’s threat to sanction Russia harder, suggesting punitive...
🟢 US oil and gas companies are expected to prioritize shareholder returns and limit...
Tsvetana Paraskova | OilPrice.com | President Trump’s ‘drill, baby, drill’ policy promises to unleash...
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