(Bloomberg) -- Oil rose after a two-day decline with Hurricane Ida still having an impact on U.S. crude output three weeks after making landfall.Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesMerkel’s Legacy Comes to Life on Berlin’s ‘Arab Street’Is There Room for E-Scooters in New York City?Amazon, Microsoft Swoop In on $24 Billion India Farm-Data TrovePalm Oil Giant’s Industry-Beating ESG Score Hides Razed ForestsFutures in New York climbed towar
Natural gas prices are soaring and supplies are beginning to drain, particularly in Europe, and the multiple causes for this phenomenon are painfully obvious and could have been prevented
Kuwait’s recent plans to invest $6.1 billion in exploration over the next five years to increase production to 4 million bpd by 2040 appear to be overly ambitious
It was “manic Monday” on Wall Street. In a blunt and unpleasant reminder of how crises thousands of miles away can ...
Description: As oil and gas prices continue to rally, investors are starting to move back into energy stocks, and some popular stocks have skyrocketed since the start of 2021
European and American oil companies are taking very different approaches to the future of energy. ConocoPhillips (ticker: COP) has made one of the largest deals in energy in the past year, agreeing to buy Royal Dutch Shell ‘s (RDS.B) assets in the Permian Basin for $9.5 billion in cash. Conoco is obtaining roughly 225,000 acres and producing properties in Texas and more than 600 miles of operated crude oil, gas, and water pipelines and infrastructure.
Tensions between Venezuela and Guyana flared up after the latter made a number of crude oil discoveries, and as Guyana moves to become a serious producer, Caracas is watching with envy
Stocks plunged on Monday, with major indices tumbling by over 2% during the afternoon session. Brad McMillan, Commonwealth Financial Network CIO and Jason Ware, Albion Financial Group CIO joined Yahoo Finance Live to discuss.
(Bloomberg) -- Oil declined amid growing concerns over the health of China’s economy that have triggered massive losses in equities. Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesMerkel’s Legacy Comes to Life on Berlin’s ‘Arab Street’Is There Room for E-Scooters in New York City?Amazon, Microsoft Swoop In on $24 Billion India Farm-Data TrovePalm Oil Giant’s Industry-Beating ESG Score Hides Razed ForestsU.S. crude futures slid 2.3% to settle at the
(Bloomberg) -- Royal Dutch Shell Plc warned that production from two of its largest U.S. Gulf of Mexico fields won’t resume until next year after Hurricane Ida inflicted “significant structural damage.” Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesMerkel’s Legacy Comes to Life on Berlin’s ‘Arab Street’Is There Room for E-Scooters in New York City?Amazon, Microsoft Swoop In on $24 Billion India Farm-Data TrovePalm Oil Giant’s Industry-Beating ESG
Yahoo Finance’s Ines Ferre reports on the day's trending tickers.
Natural gas prices moved lower on Monday as fear of tropical storm activity abated. The weather is expected to be warmer than normal over the next 6-10 days, but then becomes milder, according to a forecast from the National Oceanic Atmospheric Administration. The most recent report from the EIA showed a larger than expected build in natural gas inventories, but stocks remain well below the 5-year average.
Year-to-date, the equity is still down over 10%.
Even after 2050, global oil demand is set to continue to rise because renewables cannot entirely replace fossil fuels, energy markets expert Anas Alhajji said during a recent energy conference hosted by Nigeria
The Polish government will defy Brussels by continuing to operate a mine near the Czech border despite facing fines of €500,000 a day.
Oil and gas producer Laredo Petroleum (ticker: LPI) announced on Sunday that it was buying the rights to about 20,000 acres in West Texas from Pioneer Natural Resources (PXD) for $230 million. Laredo is paying 70% in cash and 30% in equity. Both Laredo and Pioneer were down about 5% in intraday trading.
The dollar rallied weighing on gold prices
In this article, we discuss the 15 best blue-chip stocks to invest in. If you want to skip our detailed analysis of these companies, go directly to the 5 Best Blue Chip Stocks to Invest In. Many investors consider buying blue-chip stocks to be the safest equity investment in the face of rising inflation, due […]
The crude oil markets have initially fallen during the trading session on Monday, only to turn around and show signs of resiliency yet again. I think we continue to chop more than anything else.