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"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
Crude prices are up, in part, on new U.S. sanctions on Russian oil. But sanctions have proven not be a good reason to invest.
Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest ...
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil ...
Guyana's economy achieved its fifth consecutive year of double-digit growth in 2024, expanding 43.6% as oil output and ...
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...
In the U.S., energy policies can change dramatically with each new president, creating a lot of uncertainty for industries ...
"Had it continued for another 12 minutes, the carnage would have been much worse than the four basic cables that were there," ...
Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia’s energy ...
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