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Kimmeridge-Backed Civitas to Buy Oil and Gas Assets for $4.7 Billion Civitas emerges as a consolidator with acquisitions from Hibernia Energy III and Tap Rock Resources, companies backed by NGP Energy Oil prices end lower, failing to hold gains...
Oil prices tally their biggest weekly gain since April Oil futures log their highest settlement in more than a week on Friday, contributing to their largest weekly gain since April. Drilling Stocks Plunge on Bets for Oil Price Slump Share...
Drilling Stocks Plunge on Bets for Oil Price Slump Shares of onshore drillers have fallen steeply after a wave of recent rig idlings, which investors fear could signal a coming drop in oil demand amid a slowing economy. Oil prices settle at the...
Markets Shrug Off Fed's Rate Signal; Lagarde Strikes Hawkish Tone; BOJ Keeps Ultralow Rates Unchanged By James Christie Good day. Federal Reserve Chair Jerome Powell on Wednesday said central bank officials haven't decided whether to raise interest...