In this article, we will take a look at the top 20 oil-producing countries in 2022, where crude oil is essential to...
By: Reuters – U.S. oil output climbed to nearly 12 million barrels per day (BPD) in August, government figures showed on Monday,...
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...
OilPrice.com. Leftwing Senator Gustavo Petro’s electoral victory, which he was inaugurated as Colombia’s 34th president, saw a wave of optimism sweep across...
By: Midland Reporter-Telegram – West Texas producers got an unfortunate sense of déjà vu this week, watching natural gas prices at Waha...
U.S. oil and natural gas rigs fell this week but edged up in October in the first monthly increase since July as...
By: Reuters – Russia’s defense ministry said on Saturday that British navy personnel blew up the Nord Stream gas pipelines last month,...
By: CNBC – European gas prices may have dropped to levels not seen in more than four months, but this is far...
Story by Bruce Kamich, TheStreet.com ~Every couple of minutes we are reminded of the price of crude oil (and the yield on...
U.S. stocks closed higher Friday, with the S&P 500 and technology-heavy Nasdaq Composite each posting its biggest weekly jump since November ahead of the Federal Reserve’s policy meeting.
The Dow Jones Industrial Average rose 297.01 points Friday, or 0.7%, to close at 41,393.78.
The S&P 500 climbed 30.26 points, or 0.5%, to finish at 5,626.02.
The Nasdaq advanced 114.30, or 0.7%, to end at 17,683.98.
For the week, the Dow gained 2.6%, the S&P 500 rallied 4%, and the Nasdaq jumped 6%. According to Dow Jones Market Data, the S&P 500 and Nasdaq each saw their largest weekly percentage gain since the stretch ending Nov. 3.
Investors are looking ahead to the Fed’s two-day policy meeting next week, which will conclude Wednesday with its highly anticipated decision on where to set interest rates. At last check, according to the CME FedWatch Tool, after the closing bell on Friday, traders were pricing in a 55% chance the Fed will lower its policy rate by a quarter percentage point and a 45% probability of a larger, half-point rate cut.
Helium is the second most abundant element in the universe after hydrogen. It is a...
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...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
A small group of California Republicans has introduced several bills ahead of a special...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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