Crude oil futures fell, with a large weekly increase in US crude inventories adding to downside pressure in a market already concerned about weaker demand and oversupply.
Speaking at the America Business Forum in Miami on Wednesday, President Donald Trump claimed victory on a key economic ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, shrinking by 2.4 million barrels in the week ending August 15. Analysts had expected a ...
There are currently serious fears about a glut in the oil markets – too much oil. And an abundance of oil has the effect of ...
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SM Energy is acquiring Civitas in $13 billion oil and gas merger of near equals in the Permian Basin
Oil and gas producers SM Energy and Civitas Resources will combine in a $12.8 billion merger of near equals that will expand ...
SM Energy Company and Civitas Resources, Inc. merge to form a top oil & gas firm, aiming for $300M savings and strong cash ...
The US Energy Information Administration (EIA) forecasts in its June Short-Term Energy Outlook (STEO) that global oil inventory builds will average 0.8 million b/d in 2025, 0.4 million b/d higher than ...
The U.S. Energy Information Administration lowered its crude oil price estimates for this year and next as it sees production growth outpacing demand, leading to global inventory builds. The EIA ...
In Pennsylvania there will be some relief as travelers go to fill their tanks. Gas prices in Western Pennsylvania are five ...
The national average price for regular gasoline rose 2.5 cents last week to $3.00 per gallon, according to GasBuddy data.
Capital investment in Canada's upstream oil and gas industry will rise 14% this year to C$27.3 billion ($21.44 billion), the Canadian Association of Petroleum Producers (CAPP) said on Wednesday, ...
October Nymex natural gas (NGV25) on Thursday closed down -0.161 (-5.19%). Oct nat-gas prices sold off sharply on Thursday due to a larger-than-expected build in weekly EIA nat-gas inventories. The ...
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