US gas prices sink to seven-month low after storage build exceeds forecastU.S. natural gas futures fell to a fresh seven-month low on Wednesday, pressured by a slightly larger-than-expected storage build and forec...
09 Apr, 2026, 08.52 PM IST
California on edge: Oil shock looms as Middle East supply crunch hits the USCalifornia may face fuel price rises after Iran blocked the Strait of Hormuz. Oil shipments dropped sharply, creating fears of shortages. E...
01 Apr, 2026, 11.41 PM IST
Delta ends Austin-Midland flights amid low demand, Southwest remains strongDelta Air Lines will stop flights to Midland International Airport in November. Weak ridership on the Austin-Midland route is the reason. S...
28 Aug, 2025, 08.25 AM IST
Your gasoline bill could soar as U.S oil drillers produce more water and gas and less oil from oilfieldsYour gasoline bill could soar as U.S. oil drillers extract more water and gas but less oil from aging fields like the Permian Basin. With r...
28 Mar, 2025, 11.00 PM IST
Colombia's president orders national oil company to cancel US venture over environmental concernsTrump Tariff War: Colombian President Gustavo Petro ordered Ecopetrol to cancel an $880 million fracking deal with Occidental Petroleum due...
05 Feb, 2025, 07.01 AM IST
Take the road less traveled; this highway in the U.S is called the Death Highway; here's whyIn a recent development it has been known that a pretty famous highway in the US which is being termed as the Death Highway is recently see...
24 Dec, 2024, 11.16 PM IST
Exxon reports 59 layoffs to Texas agency post-Pioneer acquisitionExxon Mobil has issued layoff notices to 59 employees following its $60 billion acquisition of Pioneer Natural Resources. This announcement...
13 Aug, 2024, 08.48 AM IST
US explorer ConocoPhillips to buy Marathon Oil in $17 billion dealThe move expands ConocoPhillips' footprint in domestic shale fields from Texas to North Dakota and hands the company reserves as far afield...
29 May, 2024, 11.56 PM IST
Mega US shale deal: Diamondback to buy Endeavor for $26 billionThe deal would see the combined company pumping 816,000 barrels of oil equivalent per day (boepd), and annual synergies of $550 million, co...
13 Feb, 2024, 12.09 AM IST
Chevron's game-changing $53 billion deal with Hess Corp: A bold step into Guyana's oil boomChevron Corp has announced a $53 billion all-stock deal to acquire its smaller rival, Hess Corp, in a move that will reshape the energy lan...
23 Oct, 2023, 05.43 PM IST
Exxon in talks to pay over $250 per share for PioneerAn all-stock deal could be announced as soon as Wednesday, the person said.
11 Oct, 2023, 08.06 AM IST
Ukraine war ups pressure for US oil; industry faces hurdlesBut for the next few months, he's waiting on the sidelines and struggling to get enough workers to watch over roughly 100 oil wells the com...
18 Mar, 2022, 11.02 PM IST
Oil companies bet on $100 a barrel as they rush to sell assetsLarge oil companies are unloading properties from Texas to California, with some using the market rally as a chance to rake in cash for fut...
02 Jul, 2021, 08.45 AM IST
Oil producers eye long road to recovery as Texas begins to thawThe shut in oil production represents 2 to 4 per cent of global supply, so a slow recovery would tighten worldwide crude markets and may bo...
22 Feb, 2021, 05.46 PM IST
Tale of two oil markets: Brent bulls split from US optimistsMoney managers reduced their net-long positions on US gasoline and diesel by over 9 per cent.
17 Sep, 2018, 08.55 PM IST
US oil output is rising, that doesn’t mean price will fallAfter bottoming out in May 2016 after oil prices had fallen below $30 a barrel, the number of US oil rigs has almost tripled.
21 May, 2018, 11.50 AM IST
The 130-year-old bankruptcy that created a $5-billion oil giantTexas Pacific Land Trust, a listed land bank created out of a railroad bankruptcy more than a century ago, has climbed more than 2,200% sin...
14 May, 2018, 11.36 PM IST