Oil prices have fallen against a backdrop of a “looming surplus, even as the U.S. appears headed for a soft landing,” said Michael Lynch, president of Strategic Energy & Economic Research. He pointed ...
Occidental Petroleum's reported impressive 3Q 2024 results, including record production of 1.4 million barrels/day. See why ...
Oil and natural gas are highly volatile commodities. That's probably the first lesson that investors in energy stocks learn ...
Weak oil demand has limited refinery intake of crude oil for processing into refined products. Read more here.
U.S. and global crude-oil prices on Wednesday touched their lowest levels in about two weeks, a day after OPEC+ lowered expectations for global demand growth. Trade ...
Would declining prices reverse those gains? A brief look at history is telling. From 1972 to 1982, when oil prices increased more than tenfold, Texas economic output and employment averaged annual ...