Crude Off Session Highs; Canceled US Flights Rein in Jet Fuel
By US crude stocks rose more than expected last week Private reports suggest US labor market weakened in October Gunvor withdraws proposal to buy Lukoil’s overseas assets HOUSTON, Nov 7…
US Drillers Add Oil and Gas Rigs for Third Time in Four Weeks, Says Baker Hughes
By Rig count still 6% below last year, despite recent increase Gas rigs reach highest level since August 2023 EIA projects rise in crude and gas output in 2025 NEW…
Trump Finalizes US Gulf Oil Lease Sale, Proposes Alaska Sale in 2026
The sales align with Trump’s policy of maximizing oil, gas and coal output while slashing regulations on fossil fuels and subsidies for green energy. Get the Latest US Focused Energy…
US Set to Produce Record Amounts of Natural Gas to Meet Surging Export Demand
(Reuters) – U.S. energy firms produced a record amount of natural gas during the third quarter as producers scrambled to keep up with soaring domestic and export demand for the…
Enbridge Reports Q3 Profit and Revenue Down From Year Ago
Enbridge missed third-quarter profit estimates on Friday, pressured by higher financing costs from capital investments including U.S. gas utility acquisitions, sending its shares down nearly 2% in premarket trading. Get the…
What Happens at COP Climate Summits? Will This One Make a Difference?
By and Leaders at COP30 family photo in Belem, Brazil, on Nov. 7. Photographer: Fernando Llano/AP Photos Get the Latest US Focused Energy News Delivered to You! It’s FREE: For…
Shale Operators Defy $60 Oil to Keep Increasing Production
By and A pumpjack and drill rig over an oil well in the Permian Basin near Midland, Texas. Photographer: Daniel Acker/Bloomberg Get the Latest US Focused Energy News Delivered to…
U.S. Shale Producer EOG Resources Beats Third-Quarter Profit Estimates
Meanwhile, oil and gas production in the U.S. rose to record highs in August, data from the Energy Information Administration showed. Get the Latest US Focused Energy News Delivered to…
Oil Heads for Second Weekly Loss on Lingering Oversupply Concerns
Summary U.S. crude stocks rose more than expected last week Private reports suggest U.S. labour market weakened in October Gunvor withdraws proposal to buy Lukoil’s overseas assets (Reuters) – Oil…
ConocoPhillips Lifts Dividend, Raises Output Forecast After Profit Beat
By Nov 6 (Reuters) – ConocoPhillips (COP.N) raised its quarterly dividend and full-year production forecast on Thursday, after posting third-quarter earnings above estimates thanks to higher output and lower costs…
