Saturday, June 13, 2026
U.S. natgas futures rise as output slows despite milder weather forecasts- oil and gas 360

U.S. natgas futures rise as output slows despite milder weather forecasts

Reuters U.S. natural gas futures rose on Monday as production slows despite forecasts for milder weather and less heating demand over the next two weeks than previously expected. In addition to milder weather, analysts said steps to slow the spread of the coronavirus have reduced demand from commercial and industrial companies as offices close and factories run at lower capacities.

SilverBow Resources announces actions taken in response to current market conditions- oil and gas 360

SilverBow Resources announces actions taken in response to current market conditions

Oil and Gas 360 HOUSTON–(BUSINESS WIRE)–SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) today provided an update on actions taken in response to the unprecedented global health and safety events impacting the oil and gas market. Sean Woolverton, SilverBow’s Chief Executive Officer, commented, “The safety of our employees, contractors, and partners in the communities in which we operate remains

Coronavirus-earnings season: What to expect as companies begin to report Tuesday- oil and gas 360

Coronavirus-earnings season: What to expect as companies begin to report Tuesday

CNBC JPMorgan Chase kicks off earnings season on Tuesday. The bad news: Short-term guidance will be very ugly.  But there’s some good news:  1) The Securities and Exchange Commission has told corporations that this earnings season is not routine and has encouraged companies to provide forward-looking guidance, and not be concerned that the information may change rapidly. This will make

Baker Hughes taking $1.5 billion earnings hit on drop in oil services- oil and gas 360

Baker Hughes taking $1.5 billion earnings hit on drop in oil services

Reuters Oilfield services provider Baker Hughes Co said on Monday it will take a $1.5 billion charge to its first-quarter earnings, write down the value of its oilfield business and slash this year’s capital spending by 20%.   Oil and gas producers have cut 2020 spending by about 30%, according to data compiled by Reuters, as oil prices have tumbled