Industry Developments

U.S. gas prices hit at a 14-year seasonal high as the country battles persistent high temperatures and resultant soaring cooling demand for gas. That’s what Rystad Energy Analyst Karolina Siemieniuk highlighted in…

OKLAHOMA CITY, OKLAHOMA, UNITED STATES, June 10, 2022 /EINPresswire.com/ -- Okmin Resources, Inc. ("Okmin or the "Company") is pleased to announce that its wholly owned subsidiary, Okmin Energy LLC, has entered into…

Crude oil prices were on the rise on Thursday morning as Russia engaged in a “special military operation” in Ukraine. The price of Brent crude oil is now well over $100 per…

Oil at $100 a barrel was considered inevitable not too long ago, as Wall Street strategists predicted a commodities supercycle. And it still remains in play, even with the omicron variant raging…

Next year could lay the foundation for "a far more vibrant economic environment" and COVID transitioning from a pandemic to an endemic disease, JP Morgan said in its Outlook 2022, titled 'Preparing…

The US oil and gas sector entered the second quarter with a dramatically improved short-term outlook due to the oil price rally in the first quarter. Drilling activity across the US shale…