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ConocoPhillips warns weak prices may trigger output cuts in oil industry
ConocoPhillips beat Wall Street estimates for first-quarter profit on Thursday on strong production volumes, but warned that ...
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Crude oil is cheaper than it's been in four years. It may be too cheap for the oil industry.
Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic ...
Why are oil prices falling? And what does it mean for Long Islanders?
Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...
Explosion and smoke seen from oil refinery in Tuscaloosa, Alabama: Reports
Various local news sources in Tuscaloosa, Alabama, are reporting that an explosion has left smoke billowing from a local ...
A top exec says America's oil industry is at a 'tipping point' and US production is set to drop
The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...
Citigroup must face $1 billion lawsuit claiming it aided Mexican oil company fraud
Citigroup must face a revived lawsuit claiming it caused more than $1 billion of losses by orchestrating and concealing a ...
Kazakhstan Says It Has No Plans to Cut Oil Production in May
Kazakhstan, which has created tensions within OPEC+ by consistently breaching its production limit, has no plans to cut oil ...
As oil and gas development potentially increases, dangerous incidents sometimes happen
Michigan has 14,000 regulated oil and gas facilities, and serious incidents are rare. But when they do happen, they can be ...
With Fentanyl Trade Targeted by Trump, Cartels Move to Oil Smuggling
American businesses are profiting from stolen Mexican oil, then funneling funds back to Mexico, the Treasury said.
Oil leak off Louisiana coast contained but clean up continues, Coast Guard says
After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard ...
Home heating oil and fuel prices drop to 2021 levels
The price of home heating oil and fuel in Northern Ireland is at its lowest level since 2021, and the advice is to buy now – ...
Oil refiners’ robust profits defy souring outlook
Global oil refineries’ strong profit margins signal healthy oil consumption today, a stark contrast with the grim long-term ...