US Shale Seen Holding Firm on Returns Even as Saudis Cut Supply
US shale producers will stick to their previously announced plans for 2023 — growing output modestly while returning
2023-06-06 06:47
European Natural Gas Prices Jump as LNG Market Shows Signs of Tightening
European gas futures jumped 20%, the biggest jump since March amid signs of a tighter liquefied natural gas
2023-06-05 21:21
Russia’s Oil and Gas Revenue Shrank by Over a Third in May
Russia’s oil and natural gas revenue fell by more than a third in May, hit by lower crude
2023-06-05 20:54
Here’s What Morgan Stanley to Goldman Say About Saudi Output Cut
Saudi Arabia pledged an additional production cut in July to stabilize the oil market, ceding ground to two
2023-06-05 10:51
Saudis Shoulder Burden of Stabilizing Oil Market With Extra Cuts
Saudi Arabia said it will make an extra 1 million barrel-a-day production cut in July, taking its production
2023-06-05 03:29
OPEC Latest: Fight Over African Members Hangs Over Talks
OPEC+ ministers meet on Sunday to hash out a deal on oil production after a last-minute fight with
2023-06-04 14:58
Solar Beats Coal in Europe for First Time - But There’s a Glitch
The European Union’s transition to clean energy marked a milestone in May, when solar panels generated more electricity
2023-06-03 14:22
OPEC+ Gathers to Make Choice Between Patience and Preemption
OPEC+ gathered in Vienna to decide whether to give their existing production cuts more time to take effect,
2023-06-03 05:29
The Fed's Inflation Fight Faces a New Challenge: A Dry Panama Canal
Federal Reserve Chair Jerome Powell keeps careful track of employment levels, wages, consumer prices and numerous other metrics
2023-06-02 23:54
Target Sheds $14 Billion in Value on Retail Uncertainty, LGBTQ Backlash
Target Corp. has erased almost $14 billion in market value since it reported earnings last month, and some
2023-06-02 23:53
Hourly Pay for US Shale Workers Tops $43, a Record in the Industry’s Hunt for Employees
Wages for US oil workers climbed above $43 an hour for the first time ever as employment held
2023-06-02 22:58
Oil Heads for Weekly Decline Ahead of OPEC+ Meeting on Supply
Oil headed for its biggest weekly loss in a month as persistent concerns over demand weigh on the
2023-06-02 09:46