Oil prices under $60 a barrel would hit small producers, Occidental Petroleum exec says
Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...
Oil edges higher as tighter U.S. sanctions on Iran, Russia may disrupt global supplies
Oil futures inched higher on Friday, as news of tighter U.S. sanctions on Iran and Russia had the potential to disrupt global ...
CERAWEEK Occidental Petroleum sees US oil output peaking in next five years
U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp chief executive officer Vicki Hollub said on ...
U.S. Crude Oil Stockpiles Rise For Second Straight Week
U.S. crude oil inventories increased by 1.4 million barrels, with an increase in production and net imports, while gasoline ...
U.S. officials act to block illicit Iranian oil trade with China
Iran is operating a ghost fleet to sell oil to China in violation of existing sanctions, which U.S. officials seek to stop ...
OPEC Maintains Oil-Demand Growth Forecasts Amid Tariff Uncertainty
The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...
Russian Oil Exports Almost Intact But Prices Take Hit, IEA Says
Russian oil exports edged lower in February following the imposition of the latest round of US sanctions, but widening price discounts curbed revenues, according to the International Energy Agency.
Supreme Court Rejects an Effort to Block States From Suing Oil Giants
The justices declined to hear unusual arguments from Republican-led states that sought to end lawsuits against energy ...