Latest Oil & Gas stories from Energy.
Following President Trump's decision to pause efforts to partially reopen the Strait of Hormuz, oil futures have experienced a notable decline, as reported by MarketWatch.
As the Middle East conflict continues, global oil reserves have seen a significant drop, nearing an 8-year low just as the summer travel season approaches.
Wall Street opened higher today, showing resilience as oil prices decreased, despite ongoing tensions in the Middle East, as reported by Reuters.
Following a series of strategic transformation efforts, Oil-Dri Corporation of America (ODC) has reported notable growth in its operations.
In the first quarter, Magnolia Oil & Gas Corporation experienced a boost attributed to the sharp increase in oil prices.
The S&P 500 index rises, buoyed by strong earnings from major tech firms, positive corporate profit reports, and a notable decline in oil prices.
Current fluctuations in oil prices are being driven by traders' reactions to the escalating tensions in the Middle East, particularly concerning Iran's recent actions.
As oil prices climb, auto service shops across the nation are starting to experience increased operational costs, which may lead to higher prices for consumers.
Chevron's CEO has issued a warning about potential oil supply shortages, which could disrupt the market amid increasing demand and ongoing supply chain issues.
As of March 30, 2026, the latest updates on oil prices have been released, reflecting ongoing trends in the energy market.
A drone attack from Iran has ignited a fire at a significant oil facility in Fujairah, UAE, as regional tensions escalate. The UAE military reported intercepting three Iranian missiles during the incident.
The ongoing conflict in the Middle East has sparked renewed discussions on implementing a European tax targeting multinationals profiting from rising oil prices, emphasizing the need for these companies to contribute fairly.
As OPEC's control over the global oil market weakens, analysts predict that this shift will lead to heightened volatility in oil prices.
President Trump has declared that the U.S. will initiate a humanitarian operation on Monday to assist ships stranded in the Strait of Hormuz amid ongoing discussions with Iran.
Despite attempts to stabilize the situation, oil prices have not changed, reflecting persistent geopolitical uncertainties.
Asian stock markets experienced slight increases today, while oil prices remained stable in the face of continued geopolitical uncertainty in the Middle East.
A woman's recent experience with an $80 oil change raises questions about pricing practices in the automotive service industry, particularly for synthetic oil.
Recent market trends indicate a decrease in oil prices, while stock futures show a slight increase, according to The New York Times.
In a recent move, OPEC+ has decided to raise oil production levels, a decision that may reflect the complexities of current market dynamics despite ongoing surplus worries.
Venezuela possesses the largest known crude oil reserves globally. While there are calls for extraction, there are compelling reasons to consider leaving these resources untapped.