Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...
Oil futures edged lower Thursday morning, after the International Energy Agency’s monthly report underscored worries that ...
U.S. crude oil inventories increased by 1.4 million barrels, with an increase in production and net imports, while gasoline ...
Saudi Arabia's crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a ...
Oil futures were little changed early Thursday, attempting to find their footing after ending the previous session at ...
Oil prices extend gains, rising more than 2% after the latest U.S. data pointed to a large drop in gasoline inventories and cooling inflation. The U.S. oil gauge WTI is up 2.3% at $67.73 a barrel, ...
Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...
THE execution of Nigeria’s 2025 N54.99 trillion budget appears to be facing more challenges as the main source of funding, ...
Imperial Oil has consistently returned excess cash to shareholders through significant share buybacks. See why I rate IMO ...