Smaller fracking companies are feeling the brunt of inflation, lower oil and gas prices, and fewer…
Tag: crude oil market
Chinese Oil Demand Doesn’t Make Sense
China’s economy is going through a tumultuous summer, but the country is producing record amounts of…
U.S. Oil Boom Blunts OPEC’s Pricing Power
US petroleum production is on pace for a record-breaking year, helping to keep energy prices stable…
U.S. Oil Boom Blunts OPEC’s Pricing Power
US petroleum production is on pace for a record-breaking year, helping to keep energy prices stable…
Australia Put a Lid on Rising Energy Prices. Some Warn It Was a Mistake.
Lawmakers say the use of price controls has helped consumers, but natural gas producers argue it…
Stock Indexes Fall on Tech, Communications Declines
The tech-heavy Nasdaq Composite lost 1.2% and the S&P 500 lost 0.4%. Cruise operator Carnival posted…
Drilling Stocks Plunge on Bets for Oil Price Slump
Shares of onshore drillers fell sharply after a wave of recent rig idling, which investors fear…
Gas Prices Ease for Summer Driving Season
Americans are getting relief at the pump ahead of the busy driving season after prices hit…
Drilling Stocks Plunge on Bets for Oil Price Slump
Shares of onshore drillers fell sharply after a wave of recent rig idling, which investors fear…
Gas Prices Ease for Summer Driving Season
Americans are getting relief at the pump ahead of the busy driving season after prices hit…