Oil prices head for a weekly close below $110 after wild swings, as Iran’s negotiation proposal cools markets while uncertainty over Trump’s war-powers deadline

Chevron beat first-quarter expectations as higher oil prices lifted upstream earnings, offsetting a sharp swing to losses in refining. Adjusted earnings came in

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bring

Venezuela’s oil exports rose to 1.23 million barrels per day (bpd) in April, the highest level since 2018, as shipments to the United States, India, and Europe

The crypto asset rose nearly 3% over the past 24 hours.

Crude output has risen to highest level since 2013 as demand soars to replace lost barrels from the Gulf

Europe’s biggest investment banks missed out on gains from commodities in quarter marked by oil swings

The S&P 500 notched five weeks of gains for the first time in roughly 18 months. In April, it rose more than 10 percent, its best month since November 2020.

The price of Brent crude, the international benchmark, dipped, while the average price of gasoline in the United States bumped up by 9 cents overnight. Stocks c

Concerns about high oil prices are adding to inflation fears in Japan, as the BOJ just moved to rescue the yen from a roughly 40-year low.

Toto is “aiming to achieve a toilet that never needs cleaning.” It’s also supplying electrostatic chucks — a semiconductor-manufacturing component critical to t

Even once the Strait of Hormuz reopens, it will take months for oil and gas flows to get back to normal, Exxon and Chevron warn.

OPEC+ agrees in principle on small oil output quota hike without UAE, sources say

With oil and gas supply in a crunch, demand for alternatives has surged over the past two months. Analysts expect wind and solar to explode as countries seek to

A couple of days ago, the United Arab Emirates announced that it will formally leave OPEC on May 1, with the Middle East oil giant becoming the latest country t

Indian Oil Co. has hiked the price of liquefied petroleum gas for local industrial users and the price of jet fuel, but only for foreign airlines, Reuters has r

Crude oil prices may have retreated from the highs reached on Thursday, but they are still set for a strong weekly gain. At the time of writing, Brent crude was

Venezuela has signed agreements with two U.S. energy firms to operate in the country as a growing number of international oil and gas companies are vying to ret

Oil prices could spike to $140 per barrel as the U.S. is keeping its blockade outside the Strait of Hormuz, Iran says and signals it won’t open the chokepoint t

June WTI crude oil futures surged this week, with the contract trading at $105.88 Thursday night, up $11.48 or 12.16%. The weekly high is $110.93, while the low