Oil made headlines for plummeting prices in 2020 due to the impact of COVID-19. Here, we review what happened to oil prices ...

China now drives short-term oil price moves as its opaque import patterns, refinery margins, and strategic stockpiling ...

Crude oil futures witnessed a decline on the Multi Commodity Exchange as participants reduced their holdings amid a weak ...

Oil prices jumped on Middle East tensions, yet face downward pressure from a looming global supply surplus and anticipated ...

The United States produced a record-high 13.6 million barrels of crude oil per day in July, up from 13.5 million barrels per day (b/d) in June, the Energy Information Administration (EIA) said in its ...

OPEC+ raised output to defend market share, signaling a deliberate shift away from price stabilization. U.S. shale’s record production and rapid adaptability have weakened OPEC’s traditional pricing ...

NEW YORK - APRIL 15: Traders call out during activity in the crude oil options area on the floor of the New York Mercantile Exchange April 15, 2008 in New York City. Oil prices set a new record high ...

Companies such as BP and Chevron have announced large cutbacks that are reshaping the fossil fuel sector’s workforce. Oil and gas companies are cutting costs and firing thousands of employees as ...

Kinder Morgan, Inc. earns a Buy rating due to its resilient, fee-based infrastructure model amid persistent oil oversupply and price pressure. KMI's revenue is mostly fee-based and volume-driven, ...