MEXICO CITY (Reuters) – Mexican oil company Pemex estimates that a deadly fire on a major offshore platform off the southern edge of the Gulf of Mexico has led to the loss of 700,000 b... Read more

PM Images EIA’s oil storage report today was bullish. The crude draw was slightly less than we had expected due to lower-than-expected refinery throughput, but the implied U.S. oil dem... Read more

Costco Wholesale Corp.’s stock slid 1.7% Friday, after it reported yet another month of same-store sales declines in June, although it blamed the move on a lower price for gasoline and not s... Read more

Now through July 13, 2013, new Walmart+ members can get an annual membership for $49, which is 50% off the standard price. And with Walmart Plus Week running from July 10 to 13, this is the... Read more

LAS VEGAS (AP) — No charges will be filed following a brief investigation of the altercation involving pop star Britney Spears, San Antonio Spurs rookie Victor Wembanyama and a member of the... Read more

Oil futures climbed Friday, on track to post back-to-back weekly gains, with prices getting a boost following recent data showing a third straight weekly decline in U.S. crude inventories. P... Read more

grandriver Is the U.S. shale boom finally over? Betting on ‘peak shale’ is a risky proposition because production has defied expectations before and the shale industry has proven... Read more