Commodities

Oil prices rallied amid production cuts and a slow return of demand.

Ninety-eight exploration and production companies in Texas with $75.7 billion of debt filed for bankruptcy from 2015 through 2020.

Although some states have already kicked off re-openings, others have extended shutdowns, meaning the demand for fuel should remain at low levels.

Oil prices rallied after the U.S. Energy Information Administration said oil inventories fell for the first time in 16 weeks.

Saudi Arabia is a growing threat to grab oil-market share from Alaska.

Saudi Aramco plans to cut capital spending to between $25 billion and $30 billion in fiscal year 2020, down from $32.8 billion a year ago.

Oil prices slid after Saudi Arabia announced the state-owned Aramco would reduce production by an additional 1 million barrels per day.

The violence already has shuttered many small mines across the volatile north and the government also has tried to shut down other small-scale mines in the east so that they can’t be used by extremists to finance more attacks.

Before the coronavirus hit, America was the number one natural gas producer in the world.

Beijing's oil imports jumped 7.64% from March but remained below last year's levels.

The NYSE and CME are struggling with how to safely reopen exchange trading floors.

The plant is expected to be fully operational by late May

U.S. oil inventories rose by 4.6 million barrels in the week ended May 1, according to the Energy Information Administration, less than the 7.76 million-barrel build that analysts surveyed by Refinitiv were expecting.

The request from the Interstate Oil and Gas Compact Commission, a consortium of 31 states, comes as the coronavirus pandemic triggers a historic downturn in crude oil prices and fuel consumption.

Barrick's adjusted profit rose to $285 million, or 16 cents per share, in the first quarter ended March 31.

The plant has the ability to process 19,500 hogs per day

Texas energy regulators on Tuesday said they will not mandate oil production cuts, ending a month-long debate about whether or not they would wade into global oil politics for the first time in 50 years as crude prices crater to historic lows.

Oil prices have doubled as production cuts kick in and demand is slowly coming back.

Newmont Corp. earned $837 million in the first quarter as gold prices surged.

Marathon Petroleum Corp. reported a more than $9 billion loss in the first quarter as the company logged over $12 billion in noncash impairments.