By Shankar Ramakrishnan, David French (Reuters) – Private U.S. oil and gas companies are increasingly turning to a niche financing structure that securitizes their...
By: CNBC – The European Union Monday concluded two months of heated talks over how to protect households from rising energy prices...
HOUSTON, Dec 19 (Reuters) – The United States has become a global crude oil exporting power over the last few years, but...
By: Reuters – Japan is making inquiries with its major oil refiners about buying Russian ultralight crude from the Sakhalin-2 gas and...
WASHINGTON (Reuters) -The U.S. Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum Reserve, or SPR,...
From Business Insider: As the cracks in Russia’s war on Ukraine deepen, Russian oligarchs sanctioned by the West are now saying Russian...
Liz Hampton, Reuters – The latest earthquake to rattle West Texas will add costs to producers already snarled by inflation and supply...
By: Reuters – HSBC (HSBA.L) will stop funding new oil and gas fields and expect more information from energy clients over their plans...
Brian K. Sullivan and Mitchell Ferman, Bloomberg News–– Texas is bracing for a blast of arctic conditions just 22 months after a deadly...
By: Reuters – China’s daily crude oil throughput rose to a one-year high in November, official data showed on Thursday, as refiners...
U.S. stocks ended higher on Monday, building on last week's gains.
According to Dow Jones Market Data, the Dow Jones Industrial Average climbed 236.77 points, or 0.6%, to end at 40,896.53 for its fifth straight daily gain.
The S&P 500 gained 54.00 points, or 1%, to 5,608.25 for its eighth straight daily gain — logging its longest winning streak since November 8, 2023, when the market rose for eight straight trading days. The index also notched its largest eight-day percentage gain since March 24, 2022.
The Nasdaq Composite rose 245.05 points, or 1.4%, to finish at 17,876.77 for its eighth straight daily gain — recording its longest winning streak since December 19, 2023, when the market rose for nine straight trading days. The index also exited correction territory on Monday after only 11 trading days, the shortest correction for the index since the one ending October 11, 2011, which lasted six trading days.
Based on data since 1971, the Nasdaq Composite saw an average gain of 0.3% in the week after exiting correction territory and an average rise of 23.6% one year after such a move.
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...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
A small group of California Republicans has introduced several bills ahead of a special...
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