Oil and trade in focus
Digest more
Occidental is one oil stock that many have added to their watchlist in 2022. There’s good reason for this, as the company has had the backing of the “Oracle of Omaha” himself, Warren Buffett. For those unaware, Buffett is renowned in financial ...
Nearly a year and a half after spilling 14,000 gallons of light crude oil into Corpus Christi Bay on Christmas Eve 2022, Flint Hills Resources has reached a settlement to restore natural resources impacted by the oil spill. The company will pay less than $ ...
Petróleo Brasileiro SA (Petrobras) exceeded its 2022 oil and natural gas production target by 3.2%, the company said in a release Jan. 17. The company had reduced its 2022-2026 production targets in January 2022 to about 2.6 MMboe/d from its initial ...
The property of the company found responsible for a 2022 oil spill into the Flint River has been sold and cleaned up. The Michigan Department of Environment, Great Lakes, and Energy announced Monday,
Oil giant Saudi Aramco reported Sunday its profits surged to $161 billion last year off higher crude prices, a record result for an energy firm crucial to the kingdom's economy.The firm, known formally as the Saudi Arabian Oil Co., said in its annual ...
Ukraine has used Sea Baby naval drones to strike two Russian oil tankers in the Black Sea. An official from Ukraine’s security services told The Associated Press about the attack on Saturday.
Last week, oil prices were down as American price caps on Russian oil were weaker than originally intended. In theory, this meant a more steady supply of oil and a lower likelihood of price spikes. This week, a confluence of factors – including the ...
The UK government will allow oil and gas drillers to develop new fields next to existing ones, in a move ministers argued was in line with manifesto commitments but will also keep oil and gas flowing.
Dec 8 (Reuters) - Crude oil futures spent much of 2022 surging, as demand for transportation fuels to travel returned while Russia's invasion of Ukraine and production cuts from the world's largest oil-producing nations and their allies (OPEC+) squeezed ...
Oil changes are a key part of regular maintenance on your car, but the process involves more than just changing the oil. You'll also change your oil filter. All oil eventually gets dirty as it moves through your engine. Your oil filter helps keep it free ...