News

Oil dips on announcement of Trump-Putin meeting
Oil prices dipped on Thursday, wiping out gains earlier in the session, after the Kremlin said Russian President Vladimir ...
BP layoffs expand by 32% as energy giant shifts focus to traditional oil
The expanded layoffs are part of BP's broader "reset" strategy, first announced in January, aimed at slashing costs by $2 ...
Trump vows more secondary sanctions for Russia oil buyers are coming, including potentially on China
US President Donald Trump warned Wednesday that more punishment was coming for countries buying Russian energy products after ...
Oil rises on US demand strength, though macroeconomic uncertainty looms
Oil prices rose on Thursday, recovering from a five-day losing streak, on signs of steady demand in the United States, the ...
The Economist5h
South America is fast becoming the world’s hottest oil patch
BP is not the only driller betting big on South America, which last year produced around two-fifths as much crude oil as ...
Takeaways from AP’s report on Alaska Natives’ response to oil and mining proposals
President Donald Trump’s administration and its allies have pushed aggressively for drilling, mining and logging in Alaska.
Wall Street gains as oil ends lower in volatile trade
The health of the U.S. economy is a major focus for markets, and Wall Street closed lower on Tuesday after data showed ...
The Economist23h
If America goes after India’s oil trade, China will benefit
A bill vowing levies of up to 500% on countries that buy Russian oil is making its way through Congress. Meanwhile, the ...