Oil and Gas

WTI posts fourth straight weekly gain

WTI posts fourth straight weekly gain

Albert Wagner

U.S. crude oil fell on Friday, but still booked a fourth straight weekly gain as falling inventories show an uptick ...

WTI posts fourth straight weekly gain

WTI rises ahead of Fourth of July

Albert Wagner

U.S. crude oil futures on Monday rose more than 2% ahead of the Fourth of July holiday, after booking a ...

WTI, Brent fall as rally takes a breather

WTI, Brent fall as rally takes a breather

Albert Wagner

Crude oil futures fell about 1% Tuesday as the recent rally took a breather, with traders watching for summer fuel ...

WTI weekly gain as gas demand surges

WTI weekly gain as gas demand surges

Albert Wagner

U.S. crude oil on Friday posted a second weekly gain in a row, as gasoline demand has surged to post-pandemic ...

WTI breaks three-week losing streak

WTI breaks three-week losing streak

Albert Wagner

U.S. crude oil broke a three-week losing streak Friday as analysts see a tighter market heading into the third quarter. ...

Big Oil given stark warning as a major supply surplus expected by 2030

Big Oil given stark warning as a major supply surplus expected by 2030

Albert Wagner

Aerial view taken on May 20, 2024 shows the Olmeca oil refinery belonging to the company Petroleos Mexicanos (PEMEX), which ...

IRS employee charged in Exxon Mobil tax credit theft bid

IRS employee charged in Exxon Mobil tax credit theft bid

Adesola Mojo

Chip Somodevilla | Getty Images News | Getty Images A former IRS employee was charged in Utah federal court for ...

WTI, Brent rise for second day

WTI, Brent rise for second day

Albert Wagner

A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March ...

WTI below  as OPEC+ to increase supply

WTI below $73 as OPEC+ to increase supply

Albert Wagner

Platform Ellen and Elly, offshore oil and gas platforms operated by Beta Operating Company LLC, off the coast of Long ...

Saudi Aramco begins massive share sale to raise around  billion

Saudi Aramco begins massive share sale to raise around $12 billion

Albert Wagner

Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day ...