By: Reuters – Chesapeake Energy on Wednesday said inflation in the fastest-growing U.S. shale gas region could surpass 15% next year, a...
Story By Emily Patsy. Marathon Oil Corp. agreed to acquire Ensign Natural Resources on Nov. 2, nearly doubling the Houston-based company’s position...
(Reuters) – This winter the U.S. Northeast faces its highest energy costs in more than 25 years due to tight heating oil...
By: CNBC – Goldman Sachs predicts that European natural gas prices would drop by about 30% in the coming months as nations gain...
In this article, we will take a look at the top 20 oil-producing countries in 2022, where crude oil is essential to...
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By: WMUR – The CEO of utility Eversource said Monday he wrote a letter to President Joe Biden because he has serious...
By: EIA – According to our recently released Natural Gas Annual, natural gas consumption in all sectors in the United States was...
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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...
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Some projections rank this discovery as the world’s fourth-largest in terms of oil and...
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