Read the latest news articles relating to the oil and gas industry.
Oil and natural gas prices tumbled further Thursday, dragging down Club holding Coterra Energy (CTRA) and other energy stocks along the way. And that’s created a prime opportunity to d... Read more
State of Freight The U.S. Treasury Department on Thursday charged three tankers with violating Russian oil sanctions and earlier this week sent warning letters to 30 shippers covering 100 ve... Read more
The oil market is slipping into a state known as contango. And while that may sound vaguely dance-inspiring, history suggests the shift isn’t a positive sign for crude prices. Contango is tr... Read more
Candela’s futuristic water taxi has taken flight. The Swedish yard just announced its passenger foiling yacht has completed test flights in Stockholm and will now head into production in Rot... Read more
Goldman thinks oil is headed higher again and recommends an options trade to profit from the rebound
The recent pullback in crude has made call options on U.S. oil an attractive hedge against continued geopolitical and inflation risks that could push prices higher, according to Goldman Sach... Read more
Oil futures edged lower early Thursday, feeling continued pressure after data released during the previous session showed a sharp rise in U.S. crude inventories over the past two weeks. Pric... Read more
David Einhorn’s Greenlight Capital made several bets in energy and health care during the third quarter, according to a new securities filing. The hedge fund opened a new position in s... Read more
The U.S. Energy Information Administration has been implementing changes to the way it collects its data, and it hasn’t been easy to understand what those changes mean for the traders who us... Read more
Oil futures lost ground Wednesday as investors awaited a double dose of U.S. data on petroleum supplies. Price action West Texas Intermediate crude CL00, -0.69% for December delivery CL.1, -... Read more
Stocks are pointing higher after Tuesday’s blockbuster session that pretty much declared the Fed’s rate-hike campaign over, sending bond prices soaring. Not everyone is at ease though, with... Read more