News

Suncor Energy (NYSE:SU) said Wednesday that its cost-cutting campaign has set it up to withstand lower global oil prices, but ...
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
Oil is now hovering around $66 a barrel, prompting analysts to model scenarios where prices remain in the $60s this year or ...
Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
Cutting oil and gas production would be “dangerous and irresponsible”, the boss of energy giant Shell has told the BBC. Wael Sawan insisted that the world still “desperately needs oil and ...
Trump's tariffs, along with a supply hike by OPEC+ producers, have driven a steep slide in oil prices this month, cutting revenue for producers. The U.S. oil industry, despite calls by Trump to ...
On the chopping block is a management plan in Wyoming that blocked oil and gas drilling across 1 million acres of public land ...
"Those with a confident view of the S&P 500 may be better off trading the index than trading oil," he said. CUTTING OIL INVESTMENT Some fund managers have cut back on investments in crude futures ...