The technical picture remains uninspiring for the bulls, and natural gas needs positive catalysts to break the current trend. WTI oil suffered a sell-off as traders reacted to the EIA report ...
The technical picture remains bearish, although natural gas managed to stay above the support at $1.60 – $1.65. WTI oil pulled back from session highs as traders evaluated Israel’s strikes on ...
The technical picture remains bearish, although natural gas managed to stay above the support at $1.60 – $1.65. WTI oil pulled back from session highs as traders evaluated Israel’s strikes on ...
SYDNEY—Santos STO-1.15%decrease; red down pointing triangle said its oil and natural gas production fell by 7% in its latest quarter, after its operations were disrupted by bad weather and ...
Natural gas remains under pressure amid a lack ... so there is plenty of room to gain momentum in case the right catalysts emerge. WTI oil is losing some ground as traders wait for the news ...
Low natural gas prices, particularly in the Permian, are discouraging drilling activity for US oil producers. Rising drilling costs are another factor limiting US oil production growth.
Natural gas prices at the Waha hub in the Permian basin in Texas slumped to a negative value of -$2.00 per million British thermal units (MMBtu) this week as the recent rise in oil prices prompts ...
The new annual data for 2023 shows that Texas crude oil production reached 5.5 million barrels per day (mb/d), its NGL production reached 3.3 mb/d, and its natural gas marketed production reached ...
Bluefin joins another 30-plus discoveries made in the block since 2015 for the oil-producing giant. The good news on Exxon also filters down to Permian Basin-based Pioneer, which Exxon agreed to ...
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