Iran oil tankers disappear from local port amid Israel attack fears, satellite images show
A general view of the Port of Kharg Island Oil Terminal in Iran on March 12, 2017. Fatemeh Bahrami |…
WTI rises as traders fear Middle East war
U.S. crude oil prices rose more 4% on Thursday, on pace for a third consecutive session of gains as the…
Oil watchers now see a real threat of supply disruptions after latest Iran-Israel escalation
A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery…
WTI rises on Iran attack against Israel
U.S. crude oil prices rose more than 2% on Tuesday, coming off session highs as traders assessed whether a missile…
Abu Dhabi’s ADNOC to buy Covestro for $16.4 billion
Covestro’s headquarters in Leverkusen, Germany. The company has adjusted its full year guidance for 2022, citing a number of factors.…
WTI above $71 amid Fed rate cut optimism
U.S. crude oil traded above $71 per barrel on Tuesday, as optimism grows that the Federal Reserve will cut interest…
Nearly 30% of US Gulf of Mexico oil output offline after storm
Offshore oil drilling rig in the Gulf of Mexico. Ron Buskirk/UCG/Universal Images Group via Getty Images HOUSTON — Nearly 30%…
Bill Gates-backed startup on the global gold rush for buried hydrogen
The team from the Geological Agency of the Ministry of Energy and Mineral Resources (ESDM) took samples of natural hydrogen…
OPEC+ members delay plans to hike production by two months after oil price slump
A general view of signage at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) on Feb. 29,…
WTI below $70, near nine-month low
A view of the pipelines at Zueitina oil terminal, in west of Benghazi, Libya February 3, 2020. Picture taken February…
WTI erases all 2024 gains
A general drone view shows the Nafoora oil field in Jakharrah, Libya, August 27, 2024. Jawhar Deehoum | Reuters U.S.…
Utilities face looming crunch as electricity demand from AI surges
Power lines and transmission towers near the Ivanpah Solar Electric Generating System in the Mojave Desert in San Bernardino County,…
Libya divisions could fracture oil output – as markets question for how long
Crude oil leaks from an oil pumping jack in an oil field in Russia. Bloomberg Creative | Bloomberg Creative Photos…
U.S., Brazil back fresh Venezuela election despite government, opposition rebuffs
A man waves a Venezuelan flag as demonstrators clash with police officers during a protest against President Nicolas Maduro’s government…
Why tech companies are shopping for nuclear power for data centers
A cooling tower at the Constellation Nine Mile Point Nuclear Station in Scriba, New York, US, on Tuesday, May 9,…
WTI, Brent post weekly gains
A truck carrying natural gas enters the Gaza Strip via the Rafah crossing with Egypt, hours after the start of…
Saudi Aramco second-quarter profit dips amid lower production volumes
Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran,…
Oil giant Shell beats second-quarter profit expectations
The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy…
U.S. crude oil jumps more than 3% after Hamas political leader assassinated in Tehran
U.S. crude oil futures jumped more than 3% on Wednesday after Hamas political leader Ismail Haniyeh was assassinated in Tehran,…
U.S. crude oil falls below $75 per barrel, lowest level since early June
Seagrass on the beach frames an offshore gas rig at dusk on May 10, 2024, near Fort Morgan, AL. J.…
BP beats profit expectations after warning of weaker oil refining
A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom.…
WTI, Brent lower despite Israel-Hezbollah risk
Smoke billows following an Israeli airstrike in the southern Lebanese border village of Chihine on July 28, 2024. Kawnat Haju…
BP expects up to $2 billion impairment in 2Q on weak refining margins
BP in 2020 set out its ambition to become a net zero company “by 2050 or sooner.” Matt Cardy |…
U.S. crude oil hits two-month high, tops $84 per barrel amid war and hurricane fears
An oil pump jack is shown in a field on June 27, 2024 in Stanton, Texas. Brandon Bell | Getty…
Judge tosses Exxon Mobil suit against activist firm Arjuna over climate proposal
A federal judge in Texas on Monday dismissed a controversial lawsuit by Exxon Mobil against activist shareholder Arjuna Capital over…
Saudi oil giant Aramco’s shares rise after stock sale set to raise $11.2 billion
Saudi Aramco logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. Dado…
IRS employee charged in Exxon Mobil tax credit theft bid
Chip Somodevilla | Getty Images News | Getty Images A former IRS employee was charged in Utah federal court for…
Oil market ‘oversold’? Analysts and traders on crude’s price plunge
An offshore oil platform is seen at sunset near Huntington Beach, California, on Feb. 9, 2024. David Mcnew | Getty…
OPEC+ oil group awaits concrete interest rate cuts: Saudi energy minister
Saudi energy minister Abdulaziz bin Salman on Oct. 5, 2022. Bloomberg | Bloomberg | Getty Images The prominent OPEC+ oil…
Oil alliance OPEC+ extends collective crude production cuts into 2025
OPEC+, a group of 23 oil-producing nations led by Saudi Arabia and Russia, will convene on Sunday to decide on…
Saudi Aramco begins massive share sale to raise around $12 billion
Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day…
Oil alliance OPEC+ could extend production cuts this weekend
The OPEC logo on the building of the Organization of the Petroleum Exporting Countries. Thomas Coex | Afp | Getty…
ConocoPhillips to buy Marathon Oil in $17.1 billion all-stock deal that bolsters shale assets
ConocoPhillips Chairman & CEO Ryan Lance speaks during the CERAWeek oil summit in Houston, Texas, on March 19, 2024. Mark…
Hess shareholders approve $53 billion Chevron deal amid Exxon dispute
Hess Corporation shareholders on Tuesday approved the New York-headquartered oil company’s pending acquisition by Chevron for $53 billion, even as…
Iran plans to raise oil output to 4 million barrels per day — Tasnim
The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Brandon Bell …
WTI, Brent rise after three-day decline
Stephen Strathdee | Getty Images Crude oil futures bounced back Thursday after a three-day decline but are still on pace…
Biden to release 1 million barrels of gas to reduce prices at the pump
US President Joe Biden delivers remarks on efforts to lower high gas prices in the South Court Auditorium at Eisenhower…
WTI holds firm as stocks fall, inflation eases
The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Brandon Bell…
U.S. energy secretary to visit Saudi Arabia, UAE next week, officials say
Energy Secretary Jennifer Granholm testifies during the Senate Energy and Natural Resources Committee hearing titled “President’s Budget Request for the…
FTC accuses ex-Pioneer CEO of colluding with OPEC, blocks him from Exxon board
Scott Sheffield, CEO of Pioneer Natural Resources. Adam Jeffery | CNBC The Federal Trade Commission on Thursday accused the former…
WTI, Brent higher as Netanyahu vows Rafah attack
Israeli Prime Minister Benjamin Netanyahu addresses the Conference of Presidents of Major American Jewish Organizations, amid the ongoing conflict between…
Chevron (CVX) Q1 earnings report 2024
Gas pumps are seen at a Chevron gas station in Orlando. Paul Hennessy | SOPA Images | Lightrocket | Getty…
WTI at $81 as threat of Iran oil sanctions loom
U.S. crude oil fell below $81 a barrel on Tuesday, the lowest level since March, as the market brushed off…
Oil prices fall more than 1% after Israel fends off large-scale aerial attack by Iran
Oil storage drums stacked in the Keihin industrial area of Kawasaki, Kanagawa Prefecture, Japan, on Monday, April 15, 2024. Toru…
Oil prices could surge above $100 after Iran’s first attack on Israel
A refinery from the north of the Persian Gulf in Iran. Saeid Arabzadeh | Afp | Getty Images Oil prices…
WTI, Brent rise as Israel braces for Iran attack
File photo of Israeli F-16 fighter jets performing during an air show over the beach in the Israeli coastal city…
Morgan Stanley sees ‘hot summer’ for energy sector, gives top picks
A robust oil outlook on stronger-than-expected demand this year should provide a “hot summer” for energy stocks, according to Morgan…
U.S. crude oil breaks $86 as tensions mount between Israel and Iran
A Mobil gas station in Los Angeles, California, US, on Tuesday, April 2, 2024. US crude futures hit $85 a…
Brent, WTI lower after strong first quarter
An energy installation on a property leased to Devon Energy Production Company by the Catholic Archdiocese of Oklahoma City is…
Hess board recommends shareholders vote in favor of Chevron merger
The Hess logo is seen in this photo illustration on 13 March, 2023. Jaap Arriens | Nurphoto | Getty Images…