In addition, the Securities and Exchange Commission just sued Elon Musk, accusing him of not notifying that agency or ...

At 412.7 million barrels, commercial crude stocks are at their lowest since 2022, EIA data show, with reductions in supplies "attributed to an increase in exports and a decrease in crude oil imports," ...

Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...

By Kennedy Maize Donald Trump’s empty “drill, baby, drill” mantra has come up short just days before he will be sworn in as U.S. president. A long-stymied auction for the right to drill for oil on ...

Since 2022, oil prices have dramatically decreased because of supply and demand. As of Dec. 31, 2024, the current price per barrel of oil is around $70 to $75 per barrel. You can see the latest ...

U.S. President Joe Biden has decided to officially block Nippon Steel's proposed purchase of U.S. Steel, Washington Post reported on Thursday, citing two administration officials who were not ...

President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development ... issue the executive order barring the sale of new drilling rights in portions ...

“I said, please, please get out here,” Karen said. “There’s over a hundred people in an empty house for sale on our ranch… And they basically said, we’re on the other side of the count ...

(Reuters) -Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on OPEC+-led efforts to shore up the ...

NEW YORK, Jan 2 (Reuters) - Oil prices settled up by more than $1 a barrel on Thursday as investors returned for the first trading day of 2025 with an optimistic eye on China's economy and fuel ...

(Reuters) - Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on OPEC+-led efforts to shore up ...

Oil will likely trade around $70 a barrel in 2025 on weak Chinese demand and rising global supplies, offsetting OPEC+-led efforts to shore up the market, a Reuters monthly poll showed on Tuesday.