By: Reuters – U.S. natural gas futures fell to their lowest since March on Thursday, after a federal report showed a larger-than-expected...
By: NGI – An unprecedented number of LNG vessels are floating offshore Europe as regasification terminal congestion and whipsawing prices further complicate...
Rick Newman –Yahoo Finance. Thank god for the elections! With the 2022 midterms imminent, President Biden has decided to release more oil...
HART ENERGY – U.S. oil and gas production is forecast by the Energy Information Administration (EIA) to rise thanks primarily to higher...
By: BT – Prairie Energy Partners plans to build a $5.56 billion, “decarbonized” crude refinery that the Southern Rock Energy Partners subsidiary says...
Sabrina Valle, Reuters. Exxon Mobil Corp. said on Oct. 17 that it left Russia completely after President Vladimir Putin expropriated its properties...
By: Forbes – The public markets served their purpose for Harold Hamm. Now he doesn’t need them anymore. The pioneering oil wildcatter...
By: Business Insider – Schlumberger, the Texas-based oilfield services company, is failing to offer an escape route from Vladimir Putin’s conscription orders...
By: Reuters – Gazprom CEO Alexei Miller on Sunday said plans to cap the price of Russian gas exports would cause supplies...
Bismarck Tribune – North Dakota oil production in August remained flat, while natural gas production dropped by 1%, the state Department of...
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...
Story By Charles Kennedy for Oilprice.com| Refining margins across Asia fell this week to...
A small group of California Republicans has introduced several bills ahead of a special...
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