Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...
Shares of Marathon Petroleum Corp. advanced 4.54% to $154.31 Thursday, on what proved to be an all-around favorable trading ...
Egyptian President Abdel Fattah al-Sisi said on Wednesday that the state needs $20 billion annually to secure petroleum ...
India's Bharat Petroleum Corp (BPCL) plans to invest $121 million to develop the Nunukan oil and gas block in Indonesia, the ...
When you’re the largest producer of petroleum in the world and you increase your production, prices might drop along with ...
In case there was any doubt, President Donald Trump made it clear in his inauguration speech that during his second term "we ...
The American Petroleum Institute reported an unexpected increase in U.S. crude oil inventories, causing a dip in crude oil ...
The US Strategic Petroleum Reserve (SPR) is a stockpile of crude owned by the US government. It provides a back-up supply of crude oil if the commercial oil supply is disrupted.
Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...
Houston-based startup Panthers Petroleum acquired 23 gas stations with convenience stores in 2024 and plans to grow to over ...
Marathon Petroleum (MPC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. NORTHAMPTON, MA / ACCESS Newswire / January 21 ...
2024 was a bummer year for Occidental Petroleum (NYSE: OXY) -- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P Global Market Intelligence. Occidental was ...