The Latest Breaking News from Oil

In Massachusetts, as of 24 January 2024, gas prices have seen a notable decrease, now resting at .05 per gallon for regular unleaded gasoline. This marks...

In 2024, the energy sector anticipates growth in global markets and expansion in tech applications in the oil and gas market. Hence, fundamentally solid energy stocks CVR Energy (CVI), North American Construction (NOA), and Adams Resources & Energy (AE) might be worth buying to accelerate investors' portfolios. Read more….

The United Arab Emirates and its powerful ruler were sued in a Washington court Wednesday, accused of bankrolling a "dark public relations" operation that falsely linked an American oil trader to terrorist financing.

Constrained supplies due to geopolitical unrest and production cuts coupled with growing oil and gas demand worldwide could drive prices higher, benefitting the energy sector. Amid this, let’s determine if you should buy energy stocks Koninklijke Vopak (VOPKY), USA Compression Partners (USAC), and Solaris Oilfield (SOI) for gains. Read more….

Read about the latest measures announced by China's central bank to boost its economy and stabilize financial markets, leading to global share advances.

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The energy industry’s outlook appears robust, buoyed by increased global energy requirements driven by population growth, industrialization, and economic development. Given this backdrop, fundamentally strong energy stocks Cheniere Energy Partners, L.P. (CQP), Ultrapar Participações S.A. (UGP), and Transportadora de Gas del Sur S.A. (TGS) could be solid buys now. Read…

The easing of sanctions in Venezuela has renewed interest in Venezuela

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March WTI crude oil (CLH24 ) on Tuesday closed down -0.39 (-0.52%), and Mar RBOB gasoline (RBH24 ) closed down -2.75 (-1.22%). Crude oil and gasoline prices on Tuesday gave up an early advance and posted moderate losses as a rally in the dollar index (DXY00 ) to a 1-1/4...

The US oil company is off to court to try to block a green activist motion aimed at accelerating the company’s attempts to cut emissions