Broad markets fall as speculative trading by retail investors continued to unnerve the market. S&P 500: -1.93% Nasdaq: -2.09% Dow Jones: -1.98% There are also fears that the GameStop mania is a sign of a […]
Biden’s one-year moratorium on new leases for fossil fuel extraction from federal lands and waters will have a minimal, short-term impact on oil and gas companies that long anticipated such a move. But if the […]
London — Global oil demand will rebound by more than 6 million b/d in 2021 and return to 2019 levels a year later despite the sharp acceleration in COVID-19 infections and new lockdowns which have hit energy consumption […]
ENB Publishers Notes: Crude takes a back seat to some of the INSANE equities trading…..ENB may have purchased dogecoin…… Singapore — 0253 GMT: Crude oil futures were rangebound during mid-morning trade in Asia Jan. 29 as […]
A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi Arabia have created a glut of vessels available for hire, pressuring the outlook for supertankers this year. Earnings […]
All 11 S&P 500 traded in the green amid the broad market rally. Financials and materials, cyclical sectors sensitive to an economic recovery, jumped more than 2% each. Tech and communication services also led the […]
Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2020, including a net loss attributable to Murphy of $172 million, or $1.11 net loss per […]
POINT HOPE, AK – President Joe Biden has issued a flurry of executive orders that will have considerable economic impacts on the indigenous people of Alaska. His moratorium on oil and gas activity in the […]
Saudi Aramco is using new and developing technologies to accelerate its energy transition plans and to decrease carbon emissions. “Our reliability for 2020 is 99.8 percent, one of the highest in the world in terms […]
SANTA FE, N.M.—Lance Wilbanks was looking forward to a rebirth for his trucking company, which saw its business hauling drilling rigs across southeastern New Mexico drop from around two dozen a month to just a […]
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