News

Oil climbs nearly 3% as price drop triggers buying; oversupply worries weigh
Oil gained more than $1.50 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by ...
Oil Rebounds But Oversupply Concerns Persist
Oil prices were rising more than 2% in early trading after tumbling in the previous session due to mounting concerns over a ...
Oil Tumbles After OPEC+ Agrees on Another Large Supply Hike
Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook ...
The heart of the US oil boom is slowing
Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...
Oil leak off Louisiana coast contained but clean up continues, Coast Guard says
After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard ...
OilPrice.com12h
Big Oil Isn’t Backing Down at $60 Oil
Exxon, Chevron, Shell, and TotalEnergies are sticking to aggressive production growth plans—even as profits decline and oil ...
Oil price crucial for Russia, but national interests come first, Kremlin says
Oil prices play a crucial role in Russia's budget and the Russian economy overall, but Russian national interests take ...
Marketplace15h
Crude oil is cheaper than it's been in four years. It may be too cheap for the oil industry.
Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic ...