WTI futures traded around $71.26 per barrel, as of 9 a.m. ET. That’s an increase of 0.79% in the last 24 hours.

The slim waterway — just 21 miles (34 kilometers) wide at its narrowest point — is “the world’s most important oil transit chokepoint,” according to the US Energy Information Administration.

When Donald Trump invited about 20 prominent oil and gas executives to dine with him at Mar-a-Lago in April, he made a breathtakingly corrupt proposal: If they raised a billion dollars to help him ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient A fire at an oil tank in Venezuela has left 21 people injured, including firefighters, terminal ...

A second presidential term for Donald Trump is likely to keep oil prices under pressure in 2025 by easing regulations on U.S. producers and potentially spurring the Organization of Petroleum Exporting ...

Gaurav Sharma is a London-based analyst who covers energy & ESG. The oil futures market continues to endure a torrid trading year well past the midway point of the third quarter. On Wednesday ...

Murphy Oil Corporation MUR is slated to report third-quarter 2024 financial results on Nov. 7, before market open. The ...

More than 2,000 cases of cooking oil have been recalled due to a packaging ... and a "Best When Used By" date of 19 Aug 2025 ...

The Permian remains the premiere U.S. basin. The peak of crude oil production in the Permian before the pandemic was 4.9 MMbpd. But production in the Permian will rise to a record 5.7 MMbpd in ...

Premier Oil, which recently invited expressions of interest for accommodation solutions, earlier this week released a statement noting that private entities are free to make planning applications ...

Massachusetts unemployment fell, income surged, and nobody was complaining about inflation during the first years of Donald ...

Incumbent Christi Craddick is touting the health of the Texas energy industry and its impact on the economy. Her top opponent says regulation on the commission is too lax.