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Devon Energy beats Q1 profit estimate on higher production
Reuters via Yahoo Finance· 12 hours agoU.S. crude prices were largely range bound in the first three months of 2024 despite rising...
Worst could be over for gas prices this spring
CBS News· 2 days agoUkrainian drones have repeatedly attacked Russian oil refineries. US gas prices have stopped rising and even briefly dipped in recent days. Now, there is...
Oil prices drop amid rising inventories, diplomatic push for Gaza ceasefire
Yahoo Finance· 15 hours agoThe market appears to be adequately supplied at the moment," Andy Lipow, president of Lipow Oil...
'End of oil not in sight', OPEC Secretary General says in MEES article
Reuters· 6 days agoThe end of oil is not in sight, OPEC's top official said, as the pace of energy demand growth means that alternatives cannot replace it at the needed scale, and the focus ...
Pioneer Natural Resources co-founder will be barred from board in deal for Exxon merger
Dallas Morning News· 7 hours agoThe Federal Trade Commission is poised to greenlight Exxon Mobil’s $60 billion purchase of...
Rates Staying Higher for Longer Could Mean More Big Goodwill Write-Downs Ahead
The Wall Street Journal· 15 hours agoAnalysts have said such inflation is unlikely in the near term due to the Saudi- and Russian-led oil...
FTC Will Approve Exxon’s $60 Billion Merger With Pioneer—With One Caveat
Forbes· 1 day agoThe Federal Trade Commission is set to approve ExxonMobil’s $60 billion takeover of Pioneer Natural...
Marathon Oil narrowly beats first quarter profit estimates on higher prices
Reuters· 10 hours ago, opens new tab narrowly beat first-quarter profit estimates on Wednesday, helped by higher oil and...
The Next Two Months Will Be Critical For Oil Fundamentals
Oilprice.com via Yahoo Finance· 8 hours agoThe H1 draw in StanChart's model takes place in May and June, while the EIA sees nearly half of the H1 draw taking place in June alone. All eyes will be trained on OPEC+ when ...
Biden is facing political pressure to make gas more expensive
Quartz· 2 days agoPressure is building on Biden to ramp up sanctions enforcement against Russia, Iran, and Venezuela,...