The Latest Breaking News from Oil

More than 90 percent of Iraq’s government revenue comes from oil, leaving the country hostage to global prices.

May WTI crude oil (CLK24 ) this morning is up +1.23 (+1.51%), and May RBOB gasoline (RBK24 ) is up +2.94 (+1.10%). Crude and gasoline prices this morning are moderately higher, with crude climbing to a 1-week high. Today's mostly stronger-than-expected US economic reports signal strength in the economy that...

Learn how the US oil industry thrives despite climate policies, driven by global demand and technological advancements.

Small caps outperformed again in the stock market today as the Russell 2000 broke out to a new high. Bitcoin rallied another 3%.

The island is facing persistent blackouts and food shortages amid its worst economic crisis in decades

Given the geopolitical tensions, increasing global oil demand, and supply adjustments, the energy sector is poised for robust growth. Therefore, investors might consider investing in energy stocks TechnipFMC (FTI), Weatherford International (WFRD), and ChampionX (CHX), which are poised to exceed expectations. Keep reading….

Given soaring oil and gas demand alongside supply limitations, the energy sector is poised for robust growth, potentially leading to an uptick in energy prices in the near future. To that end, quality energy stocks Phillips 66 (PSX), Weatherford International plc (WFRD), and ChampionX Corporation (CHX) with skyrocketing gain potential…

Biden administration's rule targets methane leaks from oil and gas drilling on federal lands to combat climate change.

The state-owned oil and gas giant’s foreign endeavors generated one-third of its revenue in 2023, but less than a fifth of its pre-tax profit

Four other construction workers who were on the Francis Scott Key Bridge when it collapsed this week still missing and are presumed dead

Curd has long been a popular hair care ingredient. Whether you have dry, lifeless hair or dandruff, curd can help you quickly overcome these issues. But did you know that curd may also help your hair grow longer? Read further on Dynamite News: