Oil and Gas

Exxon CEO says U.S. election won’t affect oil production

Exxon CEO says U.S. election won’t affect oil production

Albert Wagner

The outcome of the U.S. presidential election on Nov. 5 won’t affect oil production levels in the short to medium ...

Oil giant Shell posts small drop in third-quarter profit to  billion

Oil giant Shell posts small drop in third-quarter profit to $6 billion

Albert Wagner

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy ...

WTI falls after worst day in two years

WTI falls after worst day in two years

Albert Wagner

U.S. crude oil edged lower on Tuesday, one day after posting the worst daily loss in two years. Energy traders ...

Crude oil prices fall for fifth day as fears of Middle East supply disruption ease

Crude oil prices fall for fifth day as fears of Middle East supply disruption ease

Albert Wagner

Crude oil futures fell Thursday for the fifth consecutive session as fears of a supply disruption in the Middle East ...

WTI, Brent post small weekly gain

WTI, Brent post small weekly gain

Albert Wagner

U.S. crude oil on Friday posted its second weekly gain in a row as Israel prepares to retaliate against Iran. ...

Stocks’ choppiness in October can be an opportunity

Stocks’ choppiness in October can be an opportunity

Ev Richard

A view from the Alaska Bootanical Park, fall, Halloween and harvest season themed version of the Alaska Botanical Park with ...

Florida gas stations are running out of fuel as people flee Hurricane Milton

Florida gas stations are running out of fuel as people flee Hurricane Milton

Albert Wagner

Nearly 16% of gas stations in Florida had run out of fuel as of late-morning Tuesday as people flee north ...

Biden discourages Israel from hitting Iran’s oil

Biden discourages Israel from hitting Iran’s oil

Albert Wagner

U.S. crude oil on Friday posted its biggest weekly gain in more than a year, as traders fear Israel could ...

WTI rises as traders fear Middle East war

WTI rises as traders fear Middle East war

Albert Wagner

U.S. crude oil prices rose nearly 2% on Thursday for a third consecutive session of gains, as the market braces ...

Israel retaliation may target Iran oil infrastructure, analysts say

Israel retaliation may target Iran oil infrastructure, analysts say

Lawrence Booth

The Iranian flag above the new Phase 3 facility at the Persian Gulf Star gas condensate refinery in Bandar Abbas, ...