Why oil prices haven’t skyrocketed on Middle East supply fears — yet

[ad_1] A general view of Isfahan Refinery, one of the largest refineries in Iran and is…

PetroChina posts record earnings for first half of the year

[ad_1] Brent Lewin | Bloomberg | Getty Images PetroChina Co. posted record operating profits for the…

No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy

[ad_1] Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia is moving full steam…

U.S., Brazil back fresh Venezuela election despite government, opposition rebuffs

[ad_1] A man waves a Venezuelan flag as demonstrators clash with police officers during a protest…

CNBC Daily Open: Nasdaq in correction territory; Berkshire’s cash holdings reach record high

[ad_1] Traders work on the floor of the New York Stock Exchange during afternoon trading on…

Coterra’s strong energy production allowed for big cash returns to shareholders

[ad_1] Coterra Energy missed Wall Street expectations for sales and earnings in the second quarter. However,…

Exxon earnings beat as production in Guyana and Permian sets a record

[ad_1] Exxon Mobil on Friday posted its second-highest results for the second quarter in the past…

Chevron earnings miss on lower refining margins, relocates headquarters to Houston

[ad_1] Gas pumps are seen at a Chevron gas station in Orlando. Paul Hennessy | SOPA…

Shell beats second-quarter profit expectations, launches $3.5 billion share buyback program

[ad_1] The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on…

Oil major BP raises dividend as second-quarter profit beats expectations

[ad_1] A general view of the BP logo and petrol station forecourt sign on January 22,…

Saudi oil giant Aramco’s shares rise after stock sale set to raise $11.2 billion

[ad_1] Saudi Aramco logo and stock graph are seen through a magnifier displayed in this illustration…

Former IRS employee charged in $2.1 million Exxon Mobil tax credit theft attempt in Utah

[ad_1] Chip Somodevilla | Getty Images News | Getty Images A former IRS employee was charged…

Russia’s indefinite ban on diesel exports threatens to aggravate a global shortage

[ad_1] From February 5, 2023, the European Union will no longer purchase petroleum products such as…

Oil just hit its highest level of the year — and some analysts expect a return to $100 before 2024

[ad_1] In an aerial view, oil storage tanks are shown at the Enterprise Sealy Station on…

The world’s largest floating wind farm is now officially open — and helping to power North Sea oil operations

[ad_1] The Hywind Tampen project is located in waters off the Norwegian coast. Ole Berg-rusten |…