Read the latest news articles relating to the oil and gas industry.
Oil futures were being watched as a bellwether late Sunday as Western diplomats and leaders warned Iran not to wade into the Israel-Hamas war, as Israeli forces appeared on the verge of a gr... Read more
To learn more about the CNBC CFO Council, visit cnbccouncils.com/cfo-council/ Founding Members CNBC CFO Council Domestic oil production hit an all-time high last week, marking a full recover... Read more
The pilot of a gas balloon that crashed into power lines in North Texas earlier this week said he and his co-pilot were being shot at and attempted to make an emergency landing. “We he... Read more
By Jason Mathers A paradox has become evident through many of my recent discussions and projects with fleets: while fleet managers have more tools at their disposal than ever before, the amb... Read more
The data keep stacking up against tenuous “peak oil” claims. While the International Energy Agency forecasts that global oil demand will peak within the next decade, it also confirms that fo... Read more
One of my 2023 energy sector predictions was that U.S. oil production would set a new all-time high this year. After record-setting production thus far this year, it would take a collapse al... Read more
U.S. stocks were mixed midsession Friday after giving back some opening gains when a consumer-sentiment survey showed a jump in inflation expectations, while rising crude-oil prices and Midd... Read more
Oil prices on Friday rose 4% after the U.S. tightened sanctions against Russian crude exports. The U.S. on Thursday imposed sanctions on two shipping companies carrying Russian crude that it... Read more
Escalating Middle East tensions were driving up oil prices on Friday, amid rising fears that Israel is close to launching a ground invasion of Gaza after its military ordered more than a mil... Read more
Russia’s response to this week’s violence in Israel and Gaza has been conspicuously muted. Russia stands to benefit from the Israel-Hamas war, analysts say, but only if it doesn... Read more