By Ernest Scheyder |HOUSTON (Reuters) – Exxon Mobil said on Wednesday it has signed a non-binding lithium supply deal with battery parts...
U.S. natural gas producers are gearing up to boost output in 2025 after a year of production cuts, driven by rising demand...
Suspected sabotage of Baltic Sea communication cables has sparked investigations and heightened tensions between Russia and the West. European officials and the...
From Bloomberg|by Jonathan Tirone| Iran has agreed to stop producing uranium enriched close to the level required for nuclear weapons, a sign...
Over the past five years, BP has attempted to make a bold move to transform itself from a traditional oil giant into...
By Tsvetana Paraskova for Oilprice.com | The Johan Sverdrup oilfield offshore Norway, the largest oilfield in Western Europe, resumed production early on...
Entergy has big plans for northeast Louisiana. The company has proposed a $3.2 billion project to build a natural gas plant to...
Story by Andreas Exarheas| RigZone.com | The U.S. Energy Information Administration (EIA) has revealed its latest Henry Hub natural gas spot price forecast...
After plenty of hype, the new Taylor Sheridan series Landman is finally hitting Paramount+ tomorrow, offering viewers a closer look at the...
By Kaanita Iyer, CNN |President-elect Donald Trump has chosen North Dakota Gov. Doug Burgum to serve as his next secretary of the Department...
U.S. stocks ended lower on Thursday, putting a little more daylight between them and record territory claimed earlier in the week.
Investors have been focused on what Donald Trump's second presidential administration will look like, with several top cabinet picks emerging in recent days. But there's still much uncertainty on what to expect in 2025.
The Dow Jones Industrial Average fell about 207 points, or 0.5%, ending near 43,750, according to preliminary data from FactSet.
The S&P 500 index shed about 36 points, or 0.6%, closing around 5,949.
The Nasdaq Composite index retreated about 123 points, or 0.6%, finishing near 19,107.
Initial jobless claims fell by 4,000 to 217,000 in the week ending Nov. 9, the lowest level since May. This was better than the expected 1,000 decline to 220,000. Before seasonal adjustments, the number of new claims jumped by 16,735 to 229,478. The number of people already collecting unemployment benefits fell by 11,000 to 1.87 million.
Despite the mixed data, the overall picture suggests companies are not rushing to hire at the same pace as earlier in the year and are not aggressively laying off workers. Richmond Fed President Tom Barkin noted that employers are wary of being understaffed again after the pandemic. Economists believe the Federal Reserve's current policy approach of gradual tightening is appropriate given the strength in the labor market.
Thomas Baker “Tom” Slick Sr., born on October 12, 1883, in Shippenville, Pennsylvania, emerged...
When it comes to leasing oil and gas mineral rights, mineral owners often find...
“The new administration will lift regulations, stop subsidizing green energy and seek LNG build-outs...
Story by Andreas Exarheas| RigZone.com |. Oil market sentiment appears to have improved significantly...
When conflicts erupt, the fighting doesn’t always unfold on battlefields. Sometimes, it happens across...
The Biden-Harris administration is taking a notable step to safeguard northeast Nevada’s Ruby Mountains...
Langford Energy Partners (LEP), a private oil and gas operator, has announced the purchase...
The U.S. energy industry recently experienced an extraordinary run of oil and gas mergers...
The Permian Basin continues to dominate the U.S. oil production landscape, while other maturing...
Texas set a series of new milestones in 2024 for its oil and natural...
By Jonathan Saul | LONDON (Reuters) – At least 65 oil tankers have dropped...
Story by Bloomberg|Mia Gindis | Oil slipped from a five-month high as Hamas and Israel tentatively...
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