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Energy Economy
Energy Bonanza Drives Shareholder Payouts to New Record
Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and
Oil & Gas
Oil Jumps Nearly 4% On Possible OPEC+ Supply Tightening
Oil prices surged by nearly 4% on Tuesday after Saudi Arabia floated the idea of OPEC+ output cuts to support prices in the case of returning Iranian crude and
Oil & Gas
Big Tech Is Under Pressure to Turn Its Back on Big Oil
Big Tech has come under fire for helping Big Oil produce more oil, a move that appears to go counter to the promises tech companies have made about reducing emi
Oil & Gas
Oil Prices Rise After Saudi Says OPEC Could Cut Output
Oil prices edged up on Tuesday, after Saudi Arabia warned that OPEC could cut output to correct a recent drop in oil futures.
Oil & Gas
Oil Has Become Too Volatile for Traders
Hedge funds are pulling out of oil as price volatility becomes excessive.
Energy Economy
Why Buffett’s Berkshire Hathaway Is Seeking to Buy Up to 50% Of Occidental
The conglomerate first made a bet on the Houston-based oil company three years ago
Oil & Gas
Oil Prices Ease as Russia Output Increases
Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on
Oil & Gas
Barclays Sees Crude Surplus in Near-Term, Cuts Brent Price View
Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023, as it expects a large surplus of crude oil over the near-term due to "
Oil & Gas
It’s Time for an Oil and Gas Boom in Africa
There are plenty of promising oil and gas opportunities in Africa, but the global transition away from carbon-intensive energy sources makes it a controversial
Oil & Gas
Saudi Aramco Profit Soars on Higher Prices and Refining Margins
State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining ma
Oil & Gas
Gulf Of Mexico Oil Outages Balloon Beyond Shell
At least two other oil majors shuttered their Gulf of Mexico platforms on Friday following a leak in the Fourchon booster station, shutting down the flow of cru
Oil & Gas
IEA Sees Higher Oil Demand This Year
IEA: global crude oil demand will rise by 2.1 million bpd.
Oil & Gas
Oil Edges Lower as Supply Disruption Concerns Ease
Oil prices slipped in Asia on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evid
Oil & Gas
Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising
Oil prices edged lower on Wednesday, after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.
Oil & Gas
Goldman Sees Strong Case for Higher Oil Prices Despite Negative Shocks
Goldman Sachs said the case for higher oil prices was still strong with current supply shortfalls well above its expectations in recent months, despite a recent
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Most views from Oil Price
1
Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal
2
IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early
3
U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'
4
New Iran Nuclear Deal May Completely Derail Oil Price Rally
5
Oil prices slide 3% on prospect of more OPEC+ oil
6
US EIA Lifts Oil Demand Forecast, Says Prices Will Recover to Above $80/Bbl
