David Wethe

Shale-oil companies are taking some of the harder lumps on Wall Street as crude prices tumble and President Donald Trump’s trade war runs headlong into his goal to turbocharge US energy production.

The plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape with stunning speed.

The plunge in oil prices over the past two days following the twin shocks of President Donald Trump's tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape with stunning speed.

A top executive at Diamondback Energy Inc. called on President Donald Trump’s administration to explain how the global trade war will help shale producers, a rare instance of public pushback from a US oil boss.

(Bloomberg) – A top executive at Diamondback Energy Inc. called on President Donald Trump's administration to explain how the global trade war will help shale producers, a rare instance of public pushback from a U.S. oil boss.

The angry mutterings at the Permian Basin Petroleum Association's "Spring Swing" golf tournament this week weren't all about missed putts or lost balls.

Energy Secretary Chris Wright says Donald Trump’s administration is giving the “green light” to more US oil production, but the signal from the fracking company he used to run is flashing bright red.

Halliburton Co., the world’s largest provider of hydraulic fracturing services, fell sharply in early trading after posting first-quarter results that gave investors little insight into the company’s outlook amid lower crude prices.

The dominant North American oil field services provider told investors April 22 on a conference call that tariffs will have an impact of 2 to 3 cents per share during the second quarter.

(Bloomberg) – Halliburton Co., the world's largest provider of hydraulic fracturing services, fell sharply after warning investors that tariffs will impact a wide swath of the company's business units.