Trump signals he will tap into Strategic Petroleum Reserve to bring down gas prices
President Trump signaled on Wednesday that he plans to tap into the US Strategic Petroleum Reserve in an effort to ...
Tag: oil
OPEC+ agrees to further boost oil output to regain market share
OPEC+ has agreed to further raise oil production beginning in October as leader Saudi Arabia pushes to regain market share, ...
The airstrikes in the Israel and Iran are having a global impact on Wall Street
Wall Street’s myopia was on full display in the immediate aftermath of the Israeli airstrikes against Iran. Many of us ...
Chevron slashing up to 8K jobs in major revamp of oil giant
Chevron will lay off 15% to 20% of its global workforce by the end of 2026, as it seeks to cut ...
Oil prices spike 8% after OPEC+ cut stokes US inflation fears
Oil prices surged by as much as 8% following the surprise announcement by petroleum-producing countries that make up the OPEC+ ...
Russian energy revenue rebounds by 22.5% in February
Russian oil and gas revenues, the mainstay of state coffers, rose 22.5% in February, but were still down 46.4% from February ...
Oil rig worker who makes $200K entitled to overtime: Supreme Court
An oil rig supervisor who earned more than $200,000 a year working for Houston-based Helix Energy Solutions Group is entitled to ...
Oil prices jump as Russia slashes output to protest sanctions
Oil prices spiked on Friday after Russia said it will slash production output by 5%, or about 500,000 barrels per ...
Oil spikes as Biden fails to win Saudi pledge to boost output
The price of oil surged to more than $100 a barrel on Monday after President Joe Biden left Saudi Arabia ...
Gas prices could dip below $4 a gallon in parts of US
Thousands of gas stations throughout the southern United States could see the price of a gallon of unleaded dip back ...
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