Oil benchmarks dip below $60 a barrel amid trade war fears Oil companies may cut capex, halt buybacks, analysts say Analysts expect cautious tone in April earnings April 9 (Reuters) - A plunge in ...

A mechanical bang startled an on-site worker enough to shut down the flow of oil within about two minutes. The pipeline remains shut. The crude spill, now confined to a field, hasn’t yet been ...

The kingdom's economy is still heavily dependent on oil revenues, but prices have been sliding. A big decline in oil revenue may make it harder to fund Saudi Arabia's ambitious megaprojects.

The rupture occurred at milepost 171, near Fort Ransom, South Bow said. A release of crude oil from the pipeline was confined to an agricultural field south of the pump station, Suess said.

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Higher risks of recessions and higher-than-expected OPEC+ production ...

LONDON, April 7 (Reuters) - OPEC oil output fell in March ahead of a scheduled output hike, a Reuters survey found, as Nigeria curbed deliveries to domestic refineries and Iranian and Venezuelan ...

International oil prices continued to tumble on Monday in the face of global trade uncertainty caused by the import tariffs announced by the White House last week, as fears grow of a demand ...

NEW YORK (Reuters) -Oil prices slid 2% to a near four-year low on Monday on worries U.S. President Donald Trump's latest trade tariffs could push economies around the world into recession and ...

The S&P 500 Index, a benchmark for the US stock market, took a massive hit on Thursday, losing nearly 5% of its value. This was the index's biggest single-day loss since March 16, 2020, when COVID ...

Crude petroleum, Guyana’s largest export to the U.S. for the past four years, accounted for US$3.1 billion in shipments in 2024, driven by the rapid expansion of the oil and gas industry ...

U.S. oil futures fell 6.6%, or $4.76 a barrel to close at $66.95, their worst day on a percentage basis since July 2022, when a spike after Russia's invasion of Ukraine was unwinding.

Innovative experimental and computational techniques have been developed to study the interface of oil droplets suspended in water, a model system of hydrophobic interaction. These techniques ...