The Latest Breaking News from Oil

U.S. oil prices dropped Wednesday to their lowest levels since December 2021 and energy stocks responded.

The Alaska venture will add 239 million metric tons of carbon emissions to the atmosphere over the next 30 years.

The environment-focussed lobby group Market Forces has criticised five super funds for not doing enough to challenge the fossil fuel firms they invest in.

The Willow project, as proposed by ConocoPhillips, has been dubbed a “carbon bomb” by climate advocates

State lawmakers worry that southern Kansas is vulnerable to oil spills from the Keystone pipeline system because earthquakes have become more frequent there

Chevron has not complied with a new California law requiring it to disclose data on pricing

Fed chair Powell’s recent hawkish comments and the upbeat economic data have raised the probability of more aggressive interest rate hikes as the economy grows too quickly. Persistent rate hikes are expected to keep the stock market highly volatile in the upcoming months. Amid an uncertain macroeconomic backdrop, quality stocks…

Regardless of the retreat in oil and gas prices from their peaks almost a year ago, resurgent global energy demand amid constrained supplies appears to be an enduring tailwind for U.S. energy producers. Hence, while it could be wise to invest in fundamentally sound energy stocks, Shell (SHEL), PBF Energy…

Mexico is a year away from electing its next head of state and the potential candidate getting the most attention is an environmental scientist who could become the first female leader of Latin America’s second-largest economy