The modern oil industry began in 1859 with the drilling of the first oil well in Pennsylvania, leading to a boom that transformed the global economy. Oil's dominance was solidified by the rise of ...

Oil prices rose to a five-month high on Monday, weighing on the stocks of airlines, cruise operators, and other companies ...

As the title of this column suggests, things appear to be the same for quite a while in the oil/energy markets, while climate ...

West Texas Intermediate, the US crude oil benchmark, is trading around $78.85 on Thursday. The WTI price edges lower as improved prospects for a ceasefire between Hamas and Israel could ease ...

NEW YORK, Jan 13 (Reuters) - Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S. sanctions on Russian oil would force buyers in India and China to seek other ...

Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read more on OXY stock here.

Oil prices fell by about 3% in 2024, marking the second straight annual decline as the global post-pandemic demand recovery faltered. The contributing factors included China’s struggling economy ...

Crude oil prices are expected to face headwinds in 2025, with analysts largely projecting a bearish market due to rising non-OPEC+ production and tepid demand growth. While most forecasts agree on ...

Global oil prices are on a tear, hitting highs not seen since the summer thanks to a surprise package of American sanctions on Russia and anticipation of a new Iranian "maximum pressure campaign ...

PETALING JAYA: Analysts and economists are projecting lower global oil prices due to oversupply and the rapid adoption of electric vehicles (EVs). The Organisation of the Petroleum Exporting ...