Read the latest news articles relating to the oil and gas industry.
A stunning rally that has seen the S&P 500 climb nearly 12% in five weeks may be in danger as the trend-following funds that chased global stocks higher run out of steam, according to on... Read more
It used to be that the U.S. dollar and oil moved in opposite directions. That made sense when the U.S. was a net consumer of energy. But now that the U.S. is a net exporter, the relationship... Read more
Oil futures on Tuesday threatened to extend their losing streak to a fourth session, extending a decline attributed in part to skepticism over the ability of OPEC+ to deliver on additional p... Read more
Russian air defense successfully stopped two drones from attacking the Marine Oil Terminal in occupied Crimea, Russian Telegram channel Baza claimed on Dec. 5. The first drone exploded in mi... Read more
Richmond, Virginia-based Dominion Energy, seeking to improve its winter reliability, is planning to go into the liquified natural gas business in the Old Dominion. Dominion Energy Virginia (... Read more
(Bloomberg) — The worsening bottlenecks at the drought-stricken Panama Canal are pushing at least one US diesel shipper to sail around the tip of South America en route to Chile for th... Read more
Venezuela approved a referendum by President Nicolas Maduro’s government to claim sovereignty over a large part of its oil-rich neighbor Guyana. This marks the latest escalation in a l... Read more
Oil futures fell Monday, building on a decline last week that came after a round of voluntary production cuts announced by OPEC+ left traders skeptical about compliance. Price action West Te... Read more
A year after the war in Ukraine drove record-high fossil fuel prices for winter heating in oil-dependent Maine, demand for efficient electric heat pumps remains steady despite new challenges... Read more
By Mohi Narayan and Florence Tan NEW DELHI (Reuters) -Oil futures reversed course after rising briefly on Monday amid persistent pressure from the OPEC+ decision and uncertainty over global... Read more
