The Latest Breaking News from Oil

Discover how Occidental Petroleum exceeded profit expectations by increasing production, highlighting their ongoing success in the oil and gas industry.

March WTI crude oil (CLH24 ) on Wednesday closed down -1.23 (-1.58%), and Mar RBOB gasoline (RBH24 ) closed down -7.77 (-3.24%). Crude oil and gasoline prices on Wednesday gave up early gains and settled sharply lower, with crude falling back from a 2-week high. Crude prices turned lower after...

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In California, as of 14 February 2024, gas prices have surged, reaching .01 per gallon for regular unleaded gasoline. This marks a noticeable increase fr...

In Texas, as of 14 February 2024, gas prices have surged, reaching .68 per gallon for regular unleaded gasoline. This marks a noticeable increase from ye...

In New Jersey, as of 14 February 2024, gas prices have surged, reaching .03 per gallon for regular unleaded gasoline. This marks a noticeable increase fr...

Letter: Nina Pušić and Kate DeAngelis say the US president must follow his move to restrain fossil fuel expansion at home with similar measures to curb it around the world

With expectations of an oil supply shortage and a multi-billion-dollar acquisition on the cards, does energy giant Occidental Petroleum (OXY) deserve a place in your portfolio prior to its fourth-quarter earnings release? Let’s look at its financial metrics to know more….

Learn about the latest mergers and acquisitions in the Permian Basin, with a focus on potential companies that could be acquired in the future.

Trinidad and Tobago faces a national emergency as an oil spill contaminates its beaches. Efforts to clean up the spill are underway, but many questions rem...

Recreational fishermen and conservation groups worry overfishing for menhaden threatens the Chesapeake Bay. Industry says current data doesn't support shutting down the more than century-old fishery.