By: Reuters – China’s daily crude oil throughput rose to a one-year high in November, official data showed on Thursday, as refiners...
Story By Philip Elliott – TIME. When Joe Biden was a candidate to be his party’s nominee for President, he ran as...
By: Reuters – OPEC on Tuesday said it expected to see robust global oil demand growth in 2023 with potential economic upside...
From MarketWatch. The U.S. Department of Energy on Tuesday announced a breakthrough in ongoing research for nuclear fusion, long heralded for its...
By: Carlsbad Current-Argus – Some of the Permian Basin’s largest oil and gas producers announced plans to continue increasing extraction operations and...
By: The Hill – JPMorgan Chase CEO Jamie Dimon on Sunday warned that the fallout of Russia’s invasion of Ukraine on oil and...
OilPrice.com Earlier in the year, supertanker freight rates hit record levels as traders scrambled to park crude in storage to take advantage...
By: Frontier India – Since the United States enforced sanctions against Russia, the dollar is perceived as an unreliable trading currency. Countries...
Adrian Hedden, Carlsbad Current-Argus. An estimated 1,700 oil and gas wells sit abandoned in New Mexico, potentially spewing pollution in the state’s...
From BusinessWire. Williams entered agreements Dec. 8 with Coterra Energy and Dominion Energy Virginia to establish the first next-generation natural gas certification...
Inflation has cooled considerably over the past year, but there are still a few hot spots. The biggest is the cost of shelter - rent and housing. It accounted for about 90% of the increase in the consumer price index in July.
Still, the report is unlikely to prevent the Federal Reserve from reducing interest rates in September as widely expected.
The big question for investors is whether it will be a 1/4-point cut or a larger 1/2-point reduction. The July CPI probably doesn't settle the question.
For now, betting markets suggest a smaller cut is more likely.
The numbers: Applications for mortgages surged as homeowners jumped on lower rates to refinance their home loans.
The 30-year mortgage rate fell for the second week to the lowest level in a year.
The drop in rates pushed the market composite index — a measure of mortgage-application volume — up last week, the Mortgage Bankers Association said Wednesday.
The market index rose 16.8% weekly to 251.3 for the week ending August 9. A year ago, it stood at 193. The index is now at its highest level since January 2023.
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
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...
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Some projections rank this discovery as the world’s fourth-largest in terms of oil and...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
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