The price of oil produced in the U.S. turned negative for the first time in history on Monday, April 20. Traders worried about a glut of unsaleable oil sent the price of benchmark West Texas ...

The price of oil has oscillated from an all-time hike of almost $150 a barrel to a low of $30, hand in hand with the credit-crunch and the inextricable economic connection between money and oil.

Higher oil prices benefit oil companies by making the extraction process more profitable. Unfortunately, if history repeats, it won’t be just oil prices and energy stocks that get brought down ...

How the Department of Energy is going to handle the Strategic Petroleum Reserve’s restocking requirements, which are equivalent to 40 days of oil consumption, should be part of the inputs to the price ...

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A cadre of Greek shipping magnates has stepped back into the fold as the go-to distributors of Moscow’s crude to the world.

At such a critical moment in US history, we need reporters on the ... adviser is warning that could be an ominous sign. “Oil prices are down, interest rates are down (the slow moving Fed should ...

The White House may have concluded that getting prices down plays better than ... public land around Chaco Culture National Historical Park from new oil and gas leasing and mining claims for ...

But a year into his term, Russia’s invasion of Ukraine sent global oil prices soaring. From January to June 2022, the price of gasoline rose 49 percent, to a national average of more than $5 a ...

Global oil companies have rebounded since ... with the post-pandemic economic recovery to drive oil prices to their highest levels in history. Together, the four companies saw $1 trillion in ...

Second, saying the shale boom “saved American consumers” from high oil prices ignores the fact that the shale boom happened in no small part because of high prices. The entire history of the ...

The price should be set above the marginal production cost of Russia's oil and take into consideration historical prices, said Elizabeth Rosenberg, U.S. Treasury Assistant Secretary for Terrorist ...