SPDR(R) S&P(R) OIL & GAS EXPLORATION & ETF News

Iraq is holding an oil and gas licensing round for 29 projects in a bid to develop its huge gas reservoirs to help power the country and lure billions of dollars in investments.

(Kitco News) - The U.S. oil industry is currently facing a significant phase of consolidation through M&A. Ernie Miller, CEO of Verde Clean Fuels and a seasoned industry analyst, pointed to recent maj

The disappointing Michigan Consumer Sentiment report put pressure on the oil markets.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.

The oil markets have rallied a bit in the early hours of Friday, but at this point we still see a bit of resistance above that could come into play here.

Russia's exports of naphtha to Singapore are on track to rise to their highest level this year in May as Russian refineries recover from drone attacks, traders and analysts estimated, with the trend p

Neil Beveridge, senior oil and gas analyst at Bernstein, discusses the tit-for-tat between Iran and Israel, and says "$80-$90 a barrel is really where fundamentals are pointing for oil right now," add

The Trans Mountain Pipeline from oil-rich Alberta to Vancouver will open up Asian and U.S. markets to Canadian producers. The case for Cenovus Energy.

As WTI nears the $80 mark and Brent approaches $85, traders closely monitor resistance levels amid rising geopolitical tensions.

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.

Oil prices rose on Friday, continuing upwards trend on the signs of improving economy in China and as negotiations to halt hostilities in the stand-off between Israel and Hamas yielded no results.

China's crude oil imports increased in April, indicating that China's economy may be gaining steam.

Saudi Arabia boosted its economy, kept China as an oil customer, opened up more jobs for women, and is becoming more socially liberal.

Stocks are lower ahead of Thursday's open. Bill Baruch discusses this, as well as how oil remains below the $80 level.

OPEC will stop publishing a calculation of the world's demand for its own crude in its monthly oil report, two sources close to the matter said, focusing instead on forecasts for demand for oil from t