Global Tensions and Economic Concerns Pressure Energy Markets Growing pessimism over global supply and demand sent crude oil prices slipping in Monday’s trading session. Analysts pointed to a mix of geopolitical tensions, sanctions, and economic strain as the leading factors behind the market’s downturn. The continued war between Russia and Ukraine, coupled with U.S. sanctions …
Oklahoma energy market reacts to oil and gas price declines A sharp drop in energy fuels on Tuesday marked another difficult day for the crude oil and natural gas markets, as both commodities continued a three-day slide. Crude oil prices fell nearly 2%, and natural gas prices dropped more than 4%, signaling growing market unease …
Oklahoma’s Energy Sector Eyes New Federal Actions The Trump administration opened 1.56 million acres of the Arctic National Wildlife Refuge’s coastal plain for oil and gas leasing. The move reverses Biden-era restrictions and reopens a politically charged frontier for energy production. Energy firms in Oklahoma and across the nation are watching how the new policy …
