U.S. President Joe Biden signed a new weapons package worth up to $400 million for Ukraine on Friday, including four additional high mobility artillery rocket systems (HIMARS) and more ammunition. Continue Reading
Scott Lindberg’s dream of becoming a petroleum engineer was fueled by childhood drives through Texas oil country with his energy-consultant father, passing pumpjacks and pipeline hubs that kept the world’s Continue Reading
The United States is exporting millions of barrels of oil from its emergency oil reserves to Europe and Asia. “The SPR remains a critical energy security tool to address global Continue Reading
While gasoline prices are still $1.50 higher per gallon than they were this time last year, they fell sharply overnight in what was the largest one-day drop in nearly 15 Continue Reading
Since Monday, the national average for a gallon of regular gasoline has decreased by a nickel to $4.75. According to new data from the Energy Information Administration (EIA), gas demand Continue Reading
U.S. natural gas futures jumped about 14% on Thursday to their highest in a week, supported by a much smaller-than-expected storage build last week as power generators burned lots of Continue Reading
Concerns about safety, including on public transportation, have contributed to a reluctance to go back to the office. Soon after a gunman shot and killed a Goldman Sachs Inc. employee Continue Reading
Commercial crude stocks climb 8.23 million barrels Refinery demand drops 230,000 b/d Gasoline stocks draw ahead of July 4 holiday US crude oil inventories realized a counter-seasonal build during the Continue Reading
Deficit to five-year average trimmed to 12.2% Injection undershot survey expectations of 73 Bcf NYMEX Henry Hub August soars in post-report trading US natural gas working stocks rose by 60 Continue Reading
U.S. employers likely downshifted their pace of hiring in June, but to a level that remains solid despite fears that the economy faces the growing risk of a recession . Continue Reading
