News

EIA data showed U.S. commercial crude inventories rose 1.3 million bbl for the week ended Friday, marking a second consecutive weekly build. Gasoline and distillate stocks also increased by 0.8 ...
Oil prices dipped on Wednesday after the U.S. government released bearish data on crude and fuel supplies ahead of the U.S.
The United States and its allies have imposed broad economic penalties on Russia over its war in Ukraine. As the conflict ...
Oil prices turned lower Wednesday as weekly data showing a rise in U.S. crude supplies outweighed earlier support brought on by reports that U.S. intelligence suggested [Israel was making preparations ...
U.S. crude oil inventories rose by 1.3 million barrels last week, while stocks of gasoline and diesel increased amid higher ...
World shares are mixed while oil prices jumped more than 1% after a report by CNN said Israel may be planning an attack on Iranian nuclear facilities. European shares opened ...
OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...
Company executives expressed confidence that their firms can and will withstand the new market downturn and continue to ...
The new administration has a "drill, baby, drill" mantra and a much more liberal attitude towards the oil and gas industry than the last one. But that hasn't translated into great profits for the oil ...
Joe Biden and his appointees took an abundance of costly and damaging policy actions during his four-year term in office.