By: The Texas Tribune – The Teacher Retirement System of Texas has divested part of its massive pension fund from 10 financial...
James Hanlon, The Spokesman-Review, Spokane, Wash. Expect less precipitation and close to average temperatures as global weather patterns shift to an El...
By: BBC – Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil...
AUSTIN, Texas (AP) — Like thousands of other Austin residents, Darin Murphy began a sixth day Monday with no power in his...
By: Reuters – United Nations Secretary-General Antonio Guterres on Monday told fossil fuel producers they “should not be in business” unless they...
(Bloomberg) — Oil will rise back above $100 a barrel this year and may face a serious supply problem in 2024 as...
By: S&P Global – China’s refineries will cut clean oil product exports in February as domestic demand in January was better than...
Hart Energy – Staff Story. Elk Range Royalties LP closed its acquisition of Permian Basin mineral and royalty interests from Tower Rock...
By: Reuters – Oil prices were steady on Thursday as looming sanctions on Russian oil products added uncertainty over supply but the...
FROM ZACKS Investment Research. An Unprecedented Commodity Event. A little more than two years ago the commodity market shocked the world. In...
All three major stock indexes closed higher for the second time in six sessions on Thursday, fueled by weekly jobless claims that gave investors hope the U.S. labor market can continue to hold up.
Thursday's data was "soothing concerns over a U.S. economic recession,'' according to senior markets economist James Reilly at Capital Economics.
The Dow Jones Industrial Average finished up by 683.04 points, or 1.8%, at 39,446.49, based on preliminary data.
The S&P 500 closed up by 119.81 points, or 2.3%, at 5,319.31. On a percentage basis, it was the index's best day since Nov. 30, 2022.
The Nasdaq Composite closed up by 464.22 points, or 2.9%, at 16,660.02
The numbers: The number of Americans who applied for unemployment benefits last week sank to 233,000 and receded from nearly one year, suggesting layoffs remain quite low and that the labor market is still in good shape.
New claims fell by 17,000 in the seven days that ended Aug. 3 from 250,000 in the prior week, the government said Thursday. The latest reading marks a one-month low.
Economists polled by the Wall Street Journal had forecast new claims to total 240,000, based on seasonally adjusted figures.
A surge in new claims at the end of July appeared to stem mostly from people in Texas being unable to work after Hurricane Beryl.
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Diamondback Energy, Kinetik Holdings, and EPIC Midstream have announced a series of transactions designed...
Story By Andreas Exarheas|Rigzone.com| The natural gas market is impacted by a combination of...
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...
Some projections rank this discovery as the world’s fourth-largest in terms of oil and...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
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