Browsing: Market News

Will Ongoing Supply Concerns Drag Oil Prices Lower? Oil is heading for a weekly loss of over 2% as oversupply…

By Irina Slav – Apr 25, 2025, 1:09 AM CDT Oil prices are expected to end the week with…

Bearish Inside Day Forms Today, Thursday, crude oil consolidated forming an inside day with a high of $63.73 and low…

New Mexico’s San Juan Basin, a historic oil and gas hub, is struggling as Trump’s tariffs raise costs and dampen…

By Julianne Geiger – Apr 23, 2025, 9:48 AM CDT Crude oil inventories in the United States saw an increase…

U.S. economic activity slumped in April, with S&P Global’s flash composite PMI dropping to a 16-month low of 51.2, driven…

Halliburton reported a first-quarter profit drop to $204 million (24 cents/share) from $606 million last year, with shares falling 6%…

By Julianne Geiger – Apr 17, 2025, 1:37 PM CDT The total number of active drilling rigs for oil and…

Oil prices have been on the mend this week after taking a dive following President Trump’s global tariff offensive launch.…

The idea of peak oil is familiar to most readers.It refers to the point at which global petroleum production reaches…