When it was time to outline their vision for managing America’s federal lands under a future Republican presidency, pro-Donald Trump conservatives turned to a man who has spent his career advocating for those very lands to be pawned off to states and private interests. William Perry Pendley, who served illegally as Trump’s acting director of … Read more
People walk past a graffiti, depicting a Houthi fighter stopping an Israeli ship off the coast of Yemen, painted on a wall of the Saudi embassy in Sanaa, Yemen February 15, 2024. Khaled Abdullah | Reuters Oil prices are on pace for a weekly gain as tensions boil in the Middle East with Israel closing … Read more
A flare stack burns beyond oil storage tanks at the Taneco Oil Refining and Petrochemical complex, operated by Tatneft PJSC, in Nizhnekamsk, Tatarstan, Russia, on March 5, 2019. Bloomberg | Bloomberg | Getty Images Crude oil futures were flat Thursday, taking a breather as traders took stock of the market after prices advanced more than … Read more
U.S. oil prices have climbed to their highest level since late October, as the rally in the key commodity becomes something equity investors cannot afford to look past. West Texas Intermediate crude futures rose modestly Wednesday and at one point breached $86 a barrel, bringing the U.S. oil benchmark’s year-to-date gain to 19%. Brent crude … Read more
A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas, U.S., July 17, 2018. Image taken July 17, 2018. Liz Hampton | Reuters Crude oil futures rose on Wednesday, adding to a recent streak of gains after an OPEC+ committee meeting ended without recommending changes to production policy. The West Texas Intermediate … Read more
Descrease article font size Increase article font size Global road oil demand will rise five per cent to a peak of 50 million barrels per day by 2032, Goldman Sachs forecasts, with oil use per vehicle likely to fall sharply because electric vehicles are expected to account for more than half of auto sales by … Read more
A liquefied natural gas tanker sails past a container terminal as it arrives in Yokohama, Japan, May 21, 2018. Tomohiro Ohsumi | Bloomberg | Getty Images Natural gas prices have plunged as the world grapples with an oversupply after a warmer-than-expected winter. The recent heyday in liquefied natural gas boosted prices and profits, spurring a … Read more
An energy installation on a property leased to Devon Energy Production Company by the Catholic Archdiocese of Oklahoma City is seen near Guthrie, Oklahoma Nick Oxford | Reuters Crude oil futures ticked slightly lower Monday, taking a breather after a strong first quarter. The West Texas Intermediate contract for May delivery lost 33 cents, or … Read more
Schlumberger Limited logo and models of an oil rig and oil barrels are pictured in this illustration photo taken in Kyiv on 19 August, 2021. Nurphoto | Nurphoto | Getty Images The oilfield services giant SLB, formerly known as Schlumberger, is aiming to accelerate the deployment of carbon capture technology through an investment in Norway’s … Read more
An oil pumpjack in a field in Grandfalls, Texas, on March 24, 2024. Brandon Bell | Getty Images Crude oil futures fell for a second day Wednesday as U.S. crude stockpiles rose. The West Texas Intermediate contract for May delivery dipped 11 cents, or 0.13%, to $81.51 a barrel Wednesday. The Brent contract for May … Read more
