US upstream oil and gas dealmaking hit $105 billion in 2024, Enverus says
Dealmaking in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third highest annual total ever, but ...
Oil prices settle down as US stockpile grows, tariffs still in focus
Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...
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How does the strategic petroleum reserve work?
Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...
U.S. Crude Oil Stockpiles Rise for First Time in 10 Weeks
U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and ...
US Oil Fund reports monthly financials
Today, the United States Oil Fund, LP (NYSE Arca: NYSE:USO), a commodity exchange-traded product with a market capitalization of $1.35 billion, disclosed its monthly financial statement for December ...
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US oil and gas rig count hits lowest level since December 2021
Baker Hughes noted that oil rig numbers decreased by six to 472, while gas rigs saw a slight increase of one, reaching 99. In ...
Trump wants OPEC to bring down oil prices. That could hurt America's booming energy industry.
"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald ...
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U.S. oil and gas rig count slides to lowest in more than three years
The number of active rigs drilling for oil and gas in the U.S. fell by 4 to 580 to its lowest level since December 2021, Baker Hughes said Friday in its latest weekly report, after declining by 5 ...