News

The upcoming earnings reports for big oil and energy companies will tell a story of two different worlds. On the one hand, we will likely see lower profits from simply drilling for oil and gas (or the ...
While Alberta's oilpatch continues to make billions of dollars in profits, much of that money is finding its way into ...
Several major oil-producing countries—including the UAE, Iraq, Saudi Arabia, Brazil, and Guyana—are expanding production ...
OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
Shell and Exxon warned of weaker Q2 earnings due to lower oil and gas prices, with Exxon expecting a $1.5 billion hit.
The U.S. is set to place hefty tariffs on several big energy producers—Algeria, Brazil, Iraq and Libya. So why do oil traders ...
President Trump's One Big Beautiful Bill includes several provisions expanding federal subsidies and tax benefits for the oil ...
Since the world climbed out of the worst of the pandemic, the price of oil has been unusually stable. In fact, 2024 marked ...
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
Oil prices touched their highest levels in about three weeks Monday, then pulled back as traders mulled speculation that President Donald Trump may impose significant tariffs on countries that buy ...