Houston Chronicle Oil briefly touched $61 a barrel for the first time in three months as strengthening outlooks for manufacturing and trade buoyed demand prospects. Futures closed 1.2% higher on Tuesday in New York, just 6 cents shy of the $61 mark, after surpassing it earlier and extending the advance to a fourth straight session. U.S. factory production has rebounded
Market Snapshot: Stock-index futures struggle for direction as bulls look to extend winning streak
Houston Chronicle The golden age of U.S. shale is far from over, with an expected slowdown in the Permian Basin likely to be temporary, according to the new U.S. Energy Secretary. The shale boom helped transform the U.S. into a net exporter of crude and petroleum products in September from a major importer a decade ago. Even as growth is
Reuters BERLIN/FRANKFURT – Chancellor Angela Merkel said on Wednesday Germany would not retaliate against a decision by the United States to impose sanctions on companies building the Nord Stream 2 gas pipeline. The U.S. Senate on Tuesday passed legislation to impose sanctions on firms constructing the underwater pipeline to bring Russian natural gas to Germany. It was uncertain whether the
Superior Energy Services Announces: Reverse stock split; Resumption of trading on the New York Stock Exchange under ticker symbol of “SPN”
Houston Chronicle Devon Energy is selling its position in Texas’ Barnett shale for $770 million, leaving the birthplace of the shale revolution without any top industry players. The shale boom started with George P. Mitchell in the Dallas-Fort Worth metroplex’s Barnett shale and he eventually sold his Mitchell Energy to Oklahoma-based Devon in 2002 for more than $3 billion.
S&P 500 Clings to Chance for Longest Win Streak Since April
Reuters: NEW YORK (Reuters) – Oil prices steadied on Wednesday after U.S. government data showed a decline in crude inventories and on expectations for an uptick in demand next year on the back of progress in resolving the U.S.-China trade fight. Brent futures LCOc1 gained 17 cents to $66.27 a barrel by 12:23 p.m. EST, while U.S. West Texas Intermediate
ITC Midwest, IRDC Launch Power of Connection Community Grant Program
Deadline Approaching for Filing Fire Claims in PG&E Chapter 11 Cases
Light Towers Market – Global Forecast to 2024 – ResearchAndMarkets.com
CNOOC International Flemish Pass Exploration Drilling Project – Environmental Assessment Decision
