Oil prices settle pennies higher, down for week as Trump touts energy policy
Oil prices settled slightly higher on Friday but posted a weekly decline, ending four straight weeks of gains, after U.S. President Donald Trump announced sweeping plans to boost domestic production while demanding that OPEC move to lower crude prices.
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Are Crude Oil Prices Too High?Barchart report on the energy sector, I concluded that the oil market faced bullish and bearish factors in early 2024, ...
Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...
This week’s EIA data has reaffirmed how WTI trading in the mid-$70s is exactly where it should be, at least for the time ...
Oil prices were higher on Thursday after spending most of the session in red due to lack of clarity over Trump’s tariff policies.
In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...
Markets are being sent lower as traders wait to see the impact of Trump's pro-energy policies. The newly inaugurated president has signed executive orders aimed at boosting U.S. production and has ...
The American Petroleum Institute's chief executive spoke about fuel costs as well as artificial intelligence at a conference ...
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Why petroleum product prices may rise as crude oil increasesThe price of Brent crude has risen in the international market, signalling the possibility of petroleum product price increase in depots across Nigeria.
2024 was a bummer year for Occidental Petroleum ( OXY 1.19%) -- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P Global Market Intelligence. Occidental was, in ...
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