(read more) The commodity of crude oil is by far the world’s most important energy source and the price of oil therefore plays an important role in industrial and economic development.
U.S. crude oil production fell by 305,000-barrels-per-day (bpd) to 13.15 million bpd in January, the lowest since February ...
Oil prices increased following US President Donald Trump's latest tariff threat on countries importing Russian crude, with ...
Oil futures rose 3.1% to $71.48 a barrel. Strategists say that efforts to cut Russia off from global energy markets during the Biden administration were largely circumvented. The Trump ...
The Trump administration is trying to reduce oil exports from Iran and Venezuela, which will tend to reduce OPEC+ crude ...
Oil prices settled higher on Friday and recorded a second consecutive weekly gain as fresh U.S. sanctions on Iran and the ...
On top of this, Exxon has a fairly conservative capital structure. Indeed, its debt-to-equity ratio is a very modest 0.14.
President Donald Trump is set to meet with top oil executives at the White House next week as he charts plans to stoke domestic energy production, even as the industry grows uneasy about falling ...