The SEB analyst noted that domestic natural gas production “has rebounded significantly, reaching 102.4 billion cubic feet ...

Oil prices have fallen against a backdrop of a “looming surplus, even as the U.S. appears headed for a soft landing,” said Michael Lynch, president of Strategic Energy & Economic Research. He pointed ...

Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back ...

The October consumer price index shows that low oil and gasoline prices due to geopolitical pressures have kept inflation in ...

Two local oil purchasers have increased the price they will pay for Penn grade crude oil. Effective Thursday, American Refining Group and Ergon Oil Purchasing increased their price by $0.27 to $64.70.

NEW YORK : Oil prices rose about 1 per cent on Friday to a one-week high on reports Iran was preparing a retaliatory strike on Israel from Iraq in the coming days. Brent futures gained $1.02 ...

Oil prices rose on Friday amid warnings that Iran is plotting a retaliatory strike against Israel. The threat of escalating tensions led to prices rising by more than $2 a barrel, as traders ...

Here's what's driving its reduced reliance on oil and gas to fuel its results. Higher oil prices helped boost Occidental's earnings during the second quarter. Pre-tax earnings from the oil and gas ...

Hong Kong, China — Oil prices tumbled Monday with markets relieved that Israel’s strikes on Iran had avoided the country’s energy infrastructure while the yen fell to a three-month low after ...

Iran's oil production is crucial; a strike on facilities would have likely sent global prices soaring. Oil prices plunged on Monday, dropping more than 6% in the steepest intra-day decline since ...

Back in January 1991, oil prices plunged just when US warplanes bombed Iraqi positions in occupied Kuwait. In March 2003, prices fell soon after US missiles hit Baghdad in the opening of the Iraq War.

International crude oil prices settled higher in the previous session, gaining four per cent in the last five days as investors are taking stock of the ongoing geopolitical conflict in the Middle ...