(Oil & Gas 360) – Much needing to be done will need much more, consensus-beating oil & natural gas. Especially because the climate has expectations that are extra low. The climate, delightfully mild is also helping deflate oil demand, prices and expectations. While infrastructure trends are reducing the quantity of oil keeping us warm and healthy through Winter, the last
(Oil & Gas 360)—One of the more closely watched state initiatives in this election with potential national ramifications is one in Washington State that would make it more difficult and costly to use natural gas in housing construction and business operations. Initiative 2066 seeks to protect energy consumers’ rights to have a natural gas option for power. While Washington state has
(Oil Price) – Marathon Petroleum Corp (NYSE: MPC) beat the analyst consensus for its third-quarter earnings by a mile, despite the expected slump in profits due to plunging refining margins. All U.S. refiners were expected to report much lower profits for the third quarter compared to a year earlier, as refining margins slumped to multi-year lows amid tepid fuel demand and increased global
(World Oil) – Nighthawk Completion Services has received a majority investment and growth equity commitment from an investor group led by Bruce Ross, including Backcast Partners and certain energy service executives. “This investment will help Nighthawk accelerate its growth,” said Cody Nevilles, CEO of Nighthawk. “Due to Bruce’s operating and transactional experience in the energy sector, he quickly delivered a
(Oil Price) – Back in June, we reported that Singapore-based oil and commodities trading powerhouse Trafigura Group was still dealing with the fallout of a massive nickel scam that rocked global metal markets in 2023, as well as the effects of past corruption scandals. Trafigura has grown into one of the biggest diversified commodities traders in the world: last year, the firm traded an average
(Investing) – Oil prices edged higher Tuesday, continuing recent gains, with traders now seeking more cues from the U.S. presidential election and a top political meeting in China. At 08:00 ET (13:00 GMT), Brent oil futures climbed 0.5% to $75.45 a barrel, while West Texas Intermediate crude futures rose 0.5% to $71.85 a barrel. Oil shot up on Monday (NASDAQ:MNDY), posting gains of around 2%, after the
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
