Woodside beats revenue forecasts despite hydrogen project
Australia’s Woodside Energy reported stronger-than-expected second-quarter results on Wednesday, with revenue rising 8% to $3.28 billion, driven by…
Baker Hughes exceeds earnings expectations in second quarter
Baker Hughes exceeded Wall Street profit forecasts for the second quarter, driven by strong demand for natural gas…
Crude Oil Prices Fall on Concern Tariffs Will Slow Growth and Energy Demand
Floating oil rig in ocean by Keri Jackson via Pixabay August WTI crude oil (CLQ25) today is down…
Will Oil Demand Hit 123 Million Barrels Per Day By 2050 As OPEC Says?
(Photo: Bob Riha, Jr.) Getty Images Earlier this month, the Organization of Petroleum Exporting Countries made yet another…
Concerns of a Global Crude Oil Glut Undercut Prices
Two oil barrels on ground by Phototreat via iStock August WTI crude oil (CLQ25) on Friday closed down…
Iraq Set for Key Oil Cargo Surge in Sign of Increased Output
By Yongchang Chin, Serene Cheong and Anthony Di Paola (Bloomberg) — Iraq will raise shipments of a key…
4 Oil Market Myths That Just Won’t Die
They’ve been debunked. Repeatedly. But like zombies in a horror movie, these oil market myths just won’t stay…
Why Oil Prices Could See a Significant Upside Shift
The 9th OPEC International Seminar was held in Vienna a week ago, wherein participants discussed energy security, investment,…
Crude Oil Prices Jump on Signs of a Tightening Supply Outlook
Stacked oil barrels by JONGHO SHIN via iStock August WTI crude oil (CLQ25) Thursday closed up +1.16 (+1.75%),…
Petrobras Eyes Return to Retail Fuel Sector to Limit Pump
(Bloomberg) — Petrobras is considering a return to retail fuel sales after President Luiz Inacio Lula da Silva…
Crude oil prices drop 0.4 percent to $68.92 on U.S. tariff threats, alleviated supply concerns
Traders consider whether the U.S. will impose tariffs on nations trading with Russia. Oil prices saw a decline…
Gas prices creep up as oil markets tighten
BALTIMORE, MD—For the first time in three weeks, the national average price of gasoline has risen, increasing 2.0…