Oil Rises
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Oil prices matter because they ripple through daily life: Higher crude often means pricier fill-ups, shipping and manufacturing. Prices move with supply and demand—and with what markets expect next. Wars, hurricanes, OPEC+ policy shifts and economic slowdowns can all move the needle.
Charlie Garcia responds to readers about an underfollowed stock with a long history of rewarding shareholders.
OPEC made no changes on Monday to its relatively high global oil demand growth forecasts for this year and next, and implied the oil market will see a much smaller supply deficit in 2026 as the wider OPEC+ group pushes ahead with output increases.
The Organization of the Petroleum Exporting Countries pointed to high debt levels in key economies and recent tariff comments from the U.S. as concerns.
The Special Operations Centre Alpha of the Security Service of Ukraine (SSU) launched long-range drones on the morning of 11 October, striking the Bashneft-Ufa Oil Refinery in the Russian city of Ufa in the Republic of Bashkortostan,
Multiple studies have found benefits of using lavender oil including reduced stress and menstrual cramps as well as pain relief from burn wounds.
A prognosticator became more bullish on the oil company's shares, although he hasn't changed his neutral recommendation.
Thirty years ago, Willie Cruz was shocked when he learned the Southern California oil refinery where he worked was shutting down. Cruz, now a 61-year-old living in Arizona, had spent five years working in the environmental department when Powerine Oil Company said it would close the plant in Santa Fe Springs,
Nigeria’s newest crude oil export terminal — the first to be built in the country in 50 years — is planning an expansion to help boost capacity as local firms grow their role in raising output.