By Bloomberg|Joumanna Bercetche, Anthony Di Paola. | China is still driving growth in global oil demand, the head of Saudi Aramco said,...
Story by Andreas Exarheas| RigZone.com | Donald J. Trump issued a raft of energy orders during his first day as the 47th President...
(Reuters) – Donald Trump’s pick to lead the Interior Department, Doug Burgum, said on Thursday he will vigorously pursue the president-elect’s goals of maximizing...
By JENNIFER McDERMOTT | AP | Chris Wright, President-elect Donald Trump’s pick for energy secretary, told senators during his confirmation hearing Wednesday that he...
Tsvetana Paraskova for Oilprice.com | Canada has drafted a list of U.S. goods worth billions of dollars that it could tax with...
Story by Bloomberg|Mia Gindis | Oil slipped from a five-month high as Hamas and Israel tentatively agreed to a cease-fire, cooling a rally fueled...
Langford Energy Partners (LEP), a private oil and gas operator, has announced the purchase of significant Midland Basin assets from Murchison Oil...
By Jonathan Saul | LONDON (Reuters) – At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts...
(Bloomberg) — Oil companies declined to bid in a US government auction for drilling rights in the Arctic National Wildlife Refuge, as...
Texas set a series of new milestones in 2024 for its oil and natural gas sector, according to the Texas Oil &...
U.S. stocks closed mixed on Thursday, with the blue-chip Dow extending its losing streak to a fourth straight session and the S&P 500 edging higher as Tesla shares surged.
Dow Jones Industrial Average fell 140.59 points, or 0.3%, ending at 42,374.36, booking its largest 4-session slide since Sept. 6th.
The S&P 500 index gained 12.44 points, or 0.2%, closing at 5,809.86, while the Nasdaq Composite Index added 138.83 points, or 0.8%, finishing at 18,415.49.
According to Dow Jones Market Data, Tesla Inc. shares rose about 21.9%, its largest daily gain since May 2013.
The number of Americans filing for unemployment benefits dropped significantly for the second consecutive week, reaching 227,000 in the week ending October 19. This decline of 15,000 claims from the previous week reverses the spike caused by Hurricanes Helene and Milton earlier in the month, which had particularly affected states like North Carolina and Florida.
Raw unemployment claims fell to 202,365 last week, with decreases reported in 39 of 53 states and territories. However, continuing claims increased by 28,000 to 1.9 million, surpassing prepandemic levels, as job seekers are taking longer to find new employment.
While jobless claims remain historically low, their accuracy typically diminishes during the holiday season from November to January due to temporary hiring fluctuations. Nevertheless, with the Federal Reserve reducing interest rates, the economy is expected to maintain growth at a pace that supports low unemployment and minimal layoffs.
By Jonathan Saul | LONDON (Reuters) – At least 65 oil tankers have dropped...
When it comes to leasing oil and gas mineral rights, mineral owners often find...
Story by Andreas Exarheas| RigZone.com |. Oil market sentiment appears to have improved significantly...
Langford Energy Partners (LEP), a private oil and gas operator, has announced the purchase...
The U.S. energy industry recently experienced an extraordinary run of oil and gas mergers...
The Permian Basin continues to dominate the U.S. oil production landscape, while other maturing...
Texas set a series of new milestones in 2024 for its oil and natural...
Story by Bloomberg|Mia Gindis | Oil slipped from a five-month high as Hamas and Israel tentatively...
By JENNIFER McDERMOTT | AP | Chris Wright, President-elect Donald Trump’s pick for energy secretary, told...
Story By Sohrab Darabshaw | Via Metal Miner| U.S. President Donald Trump has not...
(Bloomberg) — Oil companies declined to bid in a US government auction for drilling...
The Biden administration on Friday unveiled its most extensive sanctions package yet against Russia’s...
Have your oil & gas questions answered by industry experts.