First commercial LNG cargo from U.S. East Coast hits the seas
Permalink

First commercial LNG cargo from U.S. East Coast hits the seas

The first export of natural gas from the U.S. East Coast has set sail. Dominion…

Continue Reading →

Oil steadies after selloff on concerns of U.S.-China trade clash
Permalink

Oil steadies after selloff on concerns of U.S.-China trade clash

  Futures added 0.7 percent in New York after losing 3 percent on Monday. China…

Continue Reading →

Shale patch making money, hiring and ready to drill for more
Permalink

Shale patch making money, hiring and ready to drill for more

An upbeat shale patch, much to OPEC’s dismay, is hiring and ready to drill for…

Continue Reading →

In U.S.-China trade spat, utilities emerge as best performers
Permalink

In U.S.-China trade spat, utilities emerge as best performers

Utilities were the best-performing sector in the S&P 500 Index Tuesday with the threat of…

Continue Reading →

California fuel credits suffer blow before standards are relaxed
Permalink

California fuel credits suffer blow before standards are relaxed

A rally in the California fuel credit market is faltering as regulators weighs changes to…

Continue Reading →

Oil gains as U.S. jobs fan optimism and drop in rigs eases fears
Permalink

Oil gains as U.S. jobs fan optimism and drop in rigs eases fears

Futures in New York were little changed after surging 3.2 percent Friday, the most since…

Continue Reading →

Frenemies: OPEC finds U.S. shale oil an intractable problem
Permalink

Frenemies: OPEC finds U.S. shale oil an intractable problem

In front of the Petroleum Club of Midland, Texas — capital of the booming Permian…

Continue Reading →

Billionaire Texas Oilman Hildebrand Steps Down as Hilcorp CEO
Permalink

Billionaire Texas Oilman Hildebrand Steps Down as Hilcorp CEO

Hilcorp Energy Co. announced that its billionaire owner Jeff Hildebrand has stepped down as chief…

Continue Reading →

Dollar under siege as deficits back on Wall Street radar
Permalink

Dollar under siege as deficits back on Wall Street radar

America’s fiscal largess and the specter of wider current-account shortfalls are fueling a renewed wave…

Continue Reading →

Sell-off prompts fund managers to rethink their allocation plans
Permalink

Sell-off prompts fund managers to rethink their allocation plans

The worst week in the US stock market in two years and benchmark 10-year Treasury…

Continue Reading →