The Latest Breaking News from Oil

World’s biggest oil company will pay shareholders, including Saudi state, quarterly dividend of $31bn

Oklahoma’s oil industry pays into a voluntary fund to clean up oil wells, but many drillers opt out. The money that has been refunded to these companies in recent years could have restored an estimated 1,500 orphan well sites.

Sep WTI crude oil (CLU24 ) on Monday closed down -0.58 (-0.79%), and Sep RBOB gasoline (RBU24 ) closed up +1.60 (+0.69%). Crude oil and gasoline prices Monday were under pressure, as crude posted a 6-month nearest-futures low and gasoline posted a 5-month low. Monday's slump in global equity markets...

With robust demand and supply expectations, geopolitical instability and extended OPEC+ production cuts have positioned the oil and gas market for strong growth. Hence, quality energy stocks Marathon Oil (MRO), Cenovus Energy (CVE), and Energy Transfer (ET) with solid upside could be ideal investment choices. Read more.

Oil prices drop on US recession fears and China demand worries. Concerns over Israel-Hamas conflict escalation also weigh on market.

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Sep WTI crude oil (CLU24 ) today is down -0.66 (-0.90%), and Sep RBOB gasoline (RBU24 ) is down -0.91 (-0.39%). Crude oil and gasoline prices today are under pressure, with crude posting a 6-month nearest-futures low and gasoline posting a 5-month low. Today's slump in global equity markets has...

APA Corporation has underperformed the broader market over the past year, and Wall Street analysts are cautious about the stock’s prospects.

Explore three top energy dividend stocks that offer attractive yields and growth potential, making them ideal buys for August.