News

Oil Prices Are Falling. Here’s Where That Could Spell Trouble.
A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic ...
Why Oil Stocks Plummeted in April
APA Corporation (NASDAQ: APA), and oilfield service provider Halliburton (NYSE: HAL) fell hard in April, down 18.7%, 26.1%, ...
Oil spill off Louisiana's Gulf Coast raises alarm as DOGE cuts may threaten response efforts
Former federal disaster response specialists and national environmental groups warn that DOGE job cuts may hamper the ...
Oil posts biggest weekly loss in a month ahead of OPEC+ meeting
Oil prices fell over 1% lower on Friday and recorded for their biggest weekly losses since the end of March, as traders ...
Oil prices are down over last 6 months: what does it mean for gas prices?
Gas prices, though having risen slightly while oil prices continue to fall to prices not seen since 2021, could begin to dip downward despite the summer travel season.
Why the Oil Business Is Reeling Under Trump
Since President Trump took office, oil drillers’ stocks have plummeted, crude prices have tumbled and gasoline prices remain ...
Big Oil’s Profits Are Taking a Hit Even Before Trump’s Tariffs Start to Bite
Signs are emerging that Big Oil’s profits are sliding, with European supermajors reporting a challenging start to the year — ...
Profits at American oil giants Exxon Mobil and Chevron fall in tandem with waning energy demand
Chevron also reported its lowest first-quarter profits in years, with per-share adjusted profit falling to $2.18 per share on ...
Exclusive-OPEC+ to further speed up oil output hikes, five sources say
By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -OPEC+ plans to further accelerate oil output hikes and could ...