In 2023, crude oil and natural gas exploration and production (E&P) companies increased spending on mergers and acquisitions (M&A) to $234 billion, the most in real 2023 dollars since 2012. Recent dealmaking marks a return to the previous trend of consolidation among oil companies in the United States after transactions declined amid significant oil market volatility in 2020 and 2022. More ›
Data source: Evaluate Energy and U.S. Bureau of Labor Statistics (BLS)
3/18/2024: $3.453/gal
up$0.077 from week earlier
up$0.031 from year earlier
3/18/2024: $4.028/gal
up$0.024 from week earlier
down$0.157 from year earlier
3/15/2024: $81.04/barrel
up$3.03 from week earlier
up$13.43 from year earlier
3/15/2024: $1.655/MMBtu
down$0.150 from week earlier
down$0.784 from year earlier
3/9/2024: 9.505 million tons
down0.335 million tons from week earlier
down1.728 million tons from year earlier