US will maintain oil production despite falling prices, says deputy energy secretary
The U.S. will maintain its oil production — or even ramp it up higher — despite low energy prices and slowing economic growth, Deputy Energy Secretary Dan Brouillette said Wednesday......»»
Short Sellers Raise Bets on Falling Oil Stock Prices
Short interest has increased on four of six energy stocks we track. Crude prices have been hit hard by worries over the impact of the coronavirus outbreak on demand for oil. Short interest in a........»»
Oil rises after U.S.-China deal, IEA forcast limits gains
Oil prices rose on Thursday after the United States and China signed an eagerly awaited Phase 1 trade deal, giving some relief to markets, but gains were capped as the International Energy Agency said it expected oil production to outstrip demand......»»
Chesapeake"s stock sinks to extend losing streak as crude oil prices keep falling
Shares of Chesapeake Energy Corp. sank .....»»
Report: Natural gas production to slow in 2020
A new report says natural gas production in 2020 will start to pull back on its healthy growth. Energy analysis firm Enverus on Tuesday said the rapidly accelerating natural gas production nationwide since 2017 will likely fall, given low prices, ch.....»»
Futures Movers: Oil gains on trade-talk optimism, hopes for OPEC extension and forecasts for lower U.S. production
Oil prices edged higher Tuesday amid hopes that trade talks between China and the U.S. will ultimately result in a deal that sustains global economic growth and energy demand while OPEC restrains production......»»
Futures Movers: Oil gains on trade-talk optimism, hopes for OPEC extension and forecasts for weaker U.S. production
Oil prices edged modestly higher Tuesday amid market optimism that the slow-moving trade talks between China and the U.S. will ultimately result in a deal that keeps these giant energy customers buying enough oil to at least soak up production......»»
Futures Movers: Oil gains on trade-talk optimism, forecasts for slower U.S. production
Oil prices edged modestly higher Tuesday amid market optimism that the slow-moving trade talks between China and the U.S. will ultimately result in a deal that keeps these giant energy customers buying enough oil to at least soak up production......»»
Trump nominates former Ford executive to be new U.S. energy secretary
The U.S. Department of Energy said on Thursday that President Donald Trump had formally nominated Deputy Energy Secretary Dan Brouillette, a former vice president of Ford Motor Co and Louisiana state energy regulator, to head the department......»»
Exxon, Chevron earnings fall on lower oil and gas prices
Exxon Mobil Corp and Chevron Corp on Friday posted sharply lower quarterly results despite increases in oil and gas production as lower energy prices soured results for most oil majors......»»
Trump to nominate Deputy Secretary Dan Brouillette for Energy Secretary
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
White House picks Perry"s deputy to replace him as energy chief
President Donald Trump on Friday tweeted that he is nominating Energy Department Deputy Secretary Dan Brouillette to become the department's new secretary, replacing Ricky Perry. Perry "will be leaving at the end of the year to purs.....»»
Why Oversupply Concerns Are Outweighing Geopolitical Risks for Oil Prices Ahead
Energy industry analysts at Credit Suisse have downgraded three oil and gas exploration and production companies citing low prices, continuing oversupply, and declining production from existing........»»
NAND flash prices to rise 10% in 4Q19
With suppliers cutting back production and end-market demand picking up on seasonality, NAND flash contract prices have stopped falling in the third quarter and will rise 10% in the fourth quarter, according to industry sources......»»
Oil slips on trade fears but soars in week after Saudi production attacked
Oil prices eased on Friday on renewed concern over the U.S.-China trade war, but futures still posted weekly gains, with Brent marking its biggest weekly increase since January, after an attack on Saudi Arabia's energy industry last weekend......»»
Saudi oil production back on line -energy minister
Oil prices tumbled about 6% on Tuesday after Saudi Arabia’s energy minister said the country has managed to restore oil supplies to where they stood before weekend attacks on its facilities shut 5% of global oil output......»»
Oil down as Saudi output restored; stocks steady as Fed meets
Oil prices dropped sharply on Tuesday after Saudi Arabia's energy minister said the kingdom has fully restored its oil production after having been hit by an attack this weekend that shut 5% of global oil output......»»
Oil plummets 6% as Saudi oil minister says production fully restored
Oil prices dropped about 6% on Tuesday after Saudi Arabia's energy minister said the kingdom has fully restored its oil production hit by an attack this weekend that shut 5% of global oil output......»»
Oil plunges as Saudi Arabia says production fully restored
Oil prices dropped by about 6% on Tuesday after Saudi Arabia's energy minister said the kingdom has fully restored its oil production hit by an attack this weekend that shut 5% of global oil output......»»
Oil plunges as Saudi Arabia says production fully restored
Oil prices dropped by about 6% on Tuesday after Saudi Arabia's energy minister said the kingdom has fully restored its oil production hit by an attack this weekend that shut 5% of global oil output......»»
Oil plummets 6% as Saudi says oil production fully restored
Oil prices dropped about 6% on Tuesday after Saudi Arabia's energy minister said the kingdom has fully restored its oil production hit by an attack this weekend that shut 5% of global oil output......»»