Read the latest news articles relating to the oil and gas industry.
Crude oil prices are back over $100 per barrel as the war in Iran escalates. This comes as the U.S. continues to deplete its Strategic Petroleum Reserve to 40-year lows, as it tries to buffe... Read more
WASHINGTON—The U.S. Department of Energy (DOE) today announced up to $65.5 million in federal funding for cost-shared research, development, and deployment projects to strengthen domestic oi... Read more
Summer is in full swing across Nevada with triple-digit heat in Las Vegas that has no end in sight. In fact, for the next seven days, Las Vegas is under an extreme heat warning from the Nati... Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are pulling... Read more
Investors are increasingly preparing for the Federal Reserve to hike interest rates in September. Kalshi traders are also raising their bets on such an outcome. These moves come as oil price... Read more
Brent broke through past $100 a barrel again on Thursday as hopes faded for an durable US-Iran peace. The latest price surge has reopened the door for some dire predictions about what’... Read more
The geopolitical environment has evolved rapidly over the past week, but markets still see de-escalation as the base case because it remains in the best interests of all sides. However, if t... Read more
U.S. equities fell on Thursday after Brent Crude prices broke above $100 per barrel once again. The rise in oil prices come after the U.S. conducted strikes against Iran for a 12th consecuti... Read more
Before the war in Iran, roughly 15 million barrels of Persian Gulf oil were shipped each day through the Strait of Hormuz. Within a few years, much of that oil could bypass the strait. As Ir... Read more
By Siddharth Cavale NEW YORK, July 23 (Reuters) – Oil prices climbed above $100 on Thursday, reaching their highest level in nearly two months, after Yemen’s Houthis said they ha... Read more
