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U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th week in a row for the first time ...
U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.
Futures pricing now sees some 60 basis points of cuts by year-end and the so-called "terminal rate" in the Fed's easing cycle ...
It’s not a great price protection environment for propane buyers, but it could have been far worse if propane inventories had not recovered over the last few weeks, allowing propane prices to resist ...
After the 2019 Abqaiq attacks, prices returned to normal within weeks — a sharp contrast to the past. Crude oil prices no longer move in lockstep with every Middle East headline. While the region ...
US oil surged more than 7%, while Brent crude oil settled at around a 5% single-day increase as of 10 p.m. ET on Friday. On Thursday, US benchmark West Texas Intermediate crude oil futures also ...
Sable Offshore Corp. has restarted offshore oil production 10 years after the operation was shuttered following a major oil spill along Santa Barbara's coast.
Monday marks 10 years since the Refugio Beach oil spill off Santa Barbara County, viewed as one of the worst environmental disasters in California history, and now that same pipeline that burst ...
SANTA BARBARA, Calif. — Exactly 10 years after a huge oil spill from an onshore pipeline devastated the coastline and led to hundreds of millions of dollars in damages, a Houston-based company, Sable ...
Shale production in the US Lower 48 should hit a peak of 11.83 million bpd in 2027 before gradually falling below 10 million by 2040 and to 9.33 million by 2050, a 0.6% slide over 15 years.
GBP/USD stays firm above 1.3700, near fresh multi-year highs GBP/USD holds its winning streak for the fourth successive session, trading above 1.3700 in the European session on Thursday.
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