Economics/Statistics
News
January 12, 2022
Global oil demand has proven stronger than expected as the latest coronavirus variant inflicts a softer hit to the economy than anticipated, the International Energy Agency said.
News
January 12, 2022
The gasoline market is painting a picture of tight supplies this summer -- the last thing Joe Biden will want to see as he tries to contain high fuel prices.
News
January 10, 2022
The U.S. is backing natural gas and low-carbon power sources as it seeks to improve the eastern Mediterranean’s energy ties to Europe and promote stability in the region.
News
January 07, 2022
For a few fleeting hours Thursday, shares of Cenovus Energy Inc., one of Canada’s biggest oil producers, bounced back to highs not seen since its massive stock issuance to buy assets from ConocoPhillips four and a half years ago.
News
January 06, 2022
A rally in oil prices lifted U.S. energy stocks to the highest since the pandemic emerged more than two years ago.
News
January 06, 2022
Pioneer Natural Resources Co., the biggest oil producer in the Permian Basin, closed out almost all its hedges for this year, indicating a bullish outlook for crude prices.
News
January 04, 2022
Electricity prices in New England jumped on Tuesday as a frigid start to the day spurred demand when the cost of natural gas used to fuel power plants soared.
News
January 03, 2022
The European Union is planning to allow some natural-gas and nuclear energy projects to be classified as sustainable investments in a proposal that sparked immediate criticism from the Greens.
News
January 03, 2022
Oil posted its biggest annual advance since 2009 as vaccination rollouts accelerated the reopening of economies, spurring global consumption while crude production returned at a more moderate pace.
News
December 30, 2021
Oil pipeline giant Energy Transfer LP must pay $410 million for scuttling a $33 billion merger with rival Williams Cos. over a tax flaw in the deal, a judge concluded.
News
December 29, 2021
Oil drillers in the biggest U.S. fields are shouldering record costs at the same time that some banks are increasingly reluctant to loan money to the sector, according to the Federal Reserve Bank of Dallas.
News
December 27, 2021
Oil rose in tandem with equity markets as investors weighed the rapid spread of omicron against signs it may be milder than previous variants.
News
December 27, 2021
APA Corp. and its Chinese partner in an Egyptian oil project will recover almost $900 million in prior investments under a new drilling contract with the North African nation. APA was the day’s best performer in the S&P 500 Index.
News
December 26, 2021
For a glimpse of how much longer this year’s energy crunch is going to last, look no further than the European natural gas market.
News
December 26, 2021
Saudi Arabia’s exports soared in October as the world’s biggest oil exporter benefited from higher crude prices.
News
December 23, 2021
U.S. natural gas futures plunged to the lowest since July as the weather forecast for the new year shifted milder and record-high prices in Europe plunged.
News
December 22, 2021
Cold-stricken Europe is drawing a flotilla of U.S. liquefied natural gas cargoes amid an energy crisis that has sent gas prices to record levels.
News
December 22, 2021
Oil settled at the highest level in nearly a month after U.S. crude stockpiles decreased and economic data pushed equities higher.
News
December 22, 2021
The relentless surge in European energy prices is exposing the region’s biggest gas and power consumers to heavy losses, forcing industrial giants to cut production and threatening the economic recovery.
News
December 21, 2021
Aker BP ASA agreed to buy the oil and gas business of Lundin Energy AB in a $10 billion deal that creates the second-largest producer on the Norwegian Continental Shelf.
News
December 20, 2021
Asia’s relentless buying of liquefied natural gas earlier this year has left the region so well stocked for winter that spot shipments are being diverted to energy-hungry Europe.
