Read the latest news articles relating to the oil and gas industry.
By Nathan Gomes and Joseph White (Reuters) -Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to high... Read more
Oil futures bounced higher Thursday, finding support as traders monitored rising tensions and shipping threats in the Middle East a day after slumping amid a large increase in U.S. crude and... Read more
U.S. oil production has touched its highest level on record, and exports of the commodity are on the rise, but a hit to prices from a potential slowdown in demand and a lack of sufficient pi... Read more
DUBAI, United Arab Emirates (AP) — Iran’s navy seized an oil tanker on Thursday in the Gulf of Oman that once was at the center of a major crisis between Tehran and Washington, officia... Read more
DUBAI, United Arab Emirates (AP) — Iran’s navy captured an oil tanker Thursday in the Gulf of Oman that only months earlier had seen its cargo of Iranian oil seized by the United State... Read more
Citigroup Inc. on Wednesday said it set aside $1.3 billion in the fourth quarter to account for risks in Argentina and Russia, citing shocks to both nations’ economies, and said it booked ot... Read more
For decades, oil and gas have plagued environments worldwide with pollution, greenhouse gas emissions and poisonous byproducts. The recent Perenco pipeline spill highlights the need for a sa... Read more
Oil prices, which had risen for a second day in a row on Wednesday amid escalating attacks by Houthi rebels in the Red Sea, fell into negative territory after inventory data showed a surpris... Read more
Storms and other extreme weather events can wreak havoc on older Americans’ lives, affecting their homes, finances and even their health long after the rain stops and the snow melts. States... Read more