Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

Ohio produced a state record of nearly 30 million barrels of oil in 2023, a 35% increase from the previous year, a new industry report says. The production exceeded the prior high of roughly 27.5 ...

It’s an edible vegetable oil that comes from the fruit of oil palm trees, the scientific name is Elaeis guineensis. Two types of oil can be produced; crude palm oil comes from squeezing the fleshy ...