Iran, Oil
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World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA) said on Thursday, despite a lower forecast from U.
Tariffs and weak oil prices have ground deal making to a halt, but private equity has the dry powder ready to fire as the turmoil subsides.
Global oil demand growth is expected to be stronger than previously anticipated due to lower oil prices and a less severe hit of U.S. tariffs on the economy, the International Energy Agency said.
Oil prices eased on Wednesday after government data showed U.S. crude oil stockpiles rose unexpectedly last week, prompting investor concerns of excess supplies. Brent crude futures settled 54 cents,
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U.S. oil production may have peaked, signaling the end of the shale boom and raising questions about future energy security and market dynamics.
Which cooking oil has the least calories? Dietitians compare different oils, reveal the healthiest types and share tips for how to use less oil.
U.S. crude futures declined more than $1 in early trade on Thursday after an unexpected build in U.S. crude oil inventories last week raised investor concerns about oversupply. U.S. West Texas Intermediate (WTI) crude futures slid $1.
Senate Bill 1146 would encourage the owners of leases or mineral rights to which abandoned oil and gas wells are attached to plug the wells by reducing their potential legal liability for taking action.