Usually higher oil prices lead to a surge in oil stocks, but they have been ho-hum investments in recent weeks. Gas prices ...
Oil prices regain momentum at the start of 2025 due to colder weather, falling U.S. stockpiles and additional sanctions on ...
Upstream President Liam Mallon recently dismissed the notion that U.S. producers will dramatically increase output under a ...
Gas prices are ticking up on the High Desert and elsewhere in the first days of 2025. The major driver is a rally in crude ...
The price of prompt Brent crude futures on Wednesday rose to a near five-month high over the price for oil six months later due to tightening supply and expectations for a revival in Chinese demand.
These events caused either demand or supply to significantly change, and with that oil prices, as well. The U.S. signed the “Paris Climate Accords treaty in 2016, which covers climate change ...
However, colder weather has pushed diesel prices higher and could also impact gasoline prices if refiners face disruptions,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While gas ...
As a result, drilling activity sharply declined during President Obama's first year, though this drop had more to do with the recession and oil price crash than with a change in administration.
There was no change in drilling activity in the Permian ... Ford are now just 8 below where they were this time last year. Oil prices were trading down on Friday before the data release.
Following that, prices did gain with the main international ... And in the longer term, if global efforts to address climate change mean we become less reliant on oil - a big if perhaps - then ...
That raises the price of an oil change from under $50 to over $80 even though the engine capacities are similar. If you do your own oil changes, you still have to deal with the cost of synthetic oil.