Oil futures were modestly lower early Thursday, pulling back after ending the previous session at four-month highs following data that showed a large drop in U.S. crude inventories.
Oil prices on the New York fuel exchange remain high due to concerns about threats to the global supply of this resource.
The oil and gas industry spent more in 2024 than in any previous election. Now they want Trump to follow through on his pledge to "drill, baby, drill." ...
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...
Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...
When Trump ventured a comment about foreign policy, people scoffed. What did he know! But he was right on every major issue.
Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...
Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...
As more drilling locations in the Permian are now in the hands of large listed firms, investor demands for high returns trump ...
Canada’s energy minister came to Washington this week to warn U.S. lawmakers that President-elect Donald Trump’s threatened tariffs would inflict economic pain on Americans, with higher prices and job ...
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...