Read the latest news articles relating to the oil and gas industry.
Oil futures stabilized early Monday following the longest losing stretch since 2018 as concerns about a slowing global economy, coupled with booming U.S. supply, helped keep prices anchored... Read more
Occidental Petroleum has agreed to buy CrownRock for $12 billion. CrownRock is a major privately held energy producer that operates in the Permian Basin. Occidental also said it’s rais... Read more
Markets are confused over the risk of a recession hitting the U.S., and “somebody has got it wrong,” according to hedge fund manager David Neuhauser. Falling oil prices and risin... Read more
Read the full story on The Auto Wire Tesla And Diesel Pickup Driver Get In Road Rage Incident Road rage can involve just one party fueling the situation, but like in this example of a diesel... Read more
Several large oil and gas companies are close to sending bearish signals to investors in the form of the dreaded ” death cross ” trading pattern. A stock price makes a death cros... Read more
Oil was rising for the first time in seven sessions on Friday, with some attributing the lift to verbal support by Russia and Saudi Arabia. Prices were still headed for a seventh straight we... Read more
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Santos, which has a market capitalization of around 22 billion Australian dollars, said during its investor briefing day last month that it is working on options to lift its value. Discussio... Read more
A land dispute between Venezuela and Guyana has the potential to stir up risks in the oil market, but crude prices on Thursday continued to trade near their lowest levels in nearly six month... Read more
Oil futures rose Thursday after a five-day slide that sent the U.S. benchmark back below the $70-a-barrel threshold in the previous session to its lowest finish since late June. Price action... Read more