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.
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.
The American Petroleum Institute's chief executive spoke about fuel costs as well as artificial intelligence at a conference ...
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 ...
In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...
Oil prices eased to a fresh one-week low on Wednesday as the market considers how U.S. President Donald Trump's proposed ...
The US Strategic Petroleum Reserve (SPR) is a stockpile of crude owned by the US government. It provides a back-up supply of crude oil if the commercial oil supply is disrupted.
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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