News

President Donald Trump is calling for the U.S. and other oil-producing economies to pump more oil as crude prices remain ...
“Texas cannot accomplish market stability alone—production cuts must be coordinated with other states, the Federal government, and other oil-producing countries.” In the weeks leading up to ...
Oil prices risk rocketing further should crude supplies become disrupted from a widening Middle East conflict after Israel ...
Oil stocks are often volatile, influenced by geopolitics and supply-demand imbalances. Investments in oil stocks should focus on companies with strong financial health and low operating costs.
The EIA’s latest STEO highlighted that U.S. crude oil production averaged 13.35 million barrels per day in the first quarter of this year. The Lower 48 states, excluding the Gulf of America ...
Meanwhile, with further improvements in its cash flow ahead, the oil stock will become an even more efficient cash-producing machine. That higher production enabled ConocoPhillips to generate $5.5 ...
The Governor observed that many of the oil producing communities in Abia and the Niger Delta at large are in terrible conditions and cannot boast of meaningful development over the past 60 years ...
A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries that have repeatedly delayed production increases will now move forward ...
Stocks are opening lower on Wall Street and crude prices are falling to a four-year low after the OPEC+ group of oil-producing nations said it plans to increase output. The S&P 500 slid 0.7 ...
Texas, the biggest oil-producing state, has turned to solar power and battery storage to see it through extreme weather. But with demand rising, much more power will be needed. By J. David Goodman ...