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Oil-focused ETFs came under pressure this week after OPEC+ announced plans to boost production starting in September, raising ...
September WTI crude oil (CLU25 ) on Wednesday closed down -0.81 (-1.24%), and September RBOB gasoline (RBU25 ) closed down -0 ...
"We ended Q2 with over $700 million in total liquidity, with $149 million in cash and $560 million in undrawn revolver capacity. Our gross debt was $553 million on over $3 billion in fleet value. Our ...
The commodity is in the Middle of some fundamental headwinds between strong supply (OPEC+ cartel trying to change things up) ...
Oil futures extended their losing streak to five sessions as the market shrugged off higher U.S. tariffs against India for buying Russian crude oil and a draw in U.S. crude stocks.
Oil prices pared earlier gains and eased to fresh five-week lows after U.S. Secretary of State Marco Rubio indicated there would be an announcement later on Wednesday on whether potential sanctions ...
"If energy goes down enough, Putin is going to stop killing people," Trump said in an interview on CNBC. "If you get energy ...
BP has made its biggest oil and gas discovery in 25 years off Brazil, as it shifts away from renewables, while Saudi-led ...
Russia plans to increase exports from its western ports to nearly two million barrels per day in August, about 200,000 bpd ...
"We have seen a 25% improvement over the last few years in rig efficiency, but the rig count has fallen over 30% over that ...
India requires a balanced crude oil import strategy, comprising roughly 60% medium, 30% light, and 10% heavy crude oil grades ...
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