NEW YORK, March 23 (Reuters) - Oil prices dropped about 11% on Monday after U.S. President Donald Trump said he would postpone any military strikes against Iranian power plants for five days and cited ...

Even with oil prices climbing, people in West Texas say it doesn’t feel like the start of another boom, at least not yet. By J. David Goodman Photographs by Desiree Rios Reporting from the Texas oil ...

The geopolitical conflict in the Middle East is driving oil higher. Oil could stay at current levels, rise further, or fall. The energy sector has been upended by the geopolitical conflict unfolding ...

Every $1 increase in the average oil price can boost Chevron's annualized earnings by $600 million. ConocoPhillips is on track to double its free cash flow by 2029 at $70 oil. Canadian Natural ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. LOS ANGELES, CALIFORNIA - MARCH 03: High gas prices are displayed ...

Treasury Secretary Scott Bessent estimated that the move would add about 140 million barrels of crude to the oil market. By Alan Rappeport Reporting from Washington The Treasury Department on Friday ...

The Trump administration is drawing a clear line as oil prices surge: no export ban. With Brent crude pushing $110 per barrel and U.S. gasoline prices nearing $4 a gallon, pressure is building in ...

Motorists are paying sharply higher fuel prices since the outbreak of the Iran war, despite the U.S. being the world's largest oil producer. Why? After all, as of 2023 (the latest data available), the ...

Israel attacked Iran's largest gas processing facility located in Bushehr Province, according to reports in the Times of Israel and Jerusalem Post. Iran threatened to strike oil facilities in Saudi ...

Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Dany Lepage discusses the architectural ...

The Iran war has boosted oil and gas prices in recent weeks, raising concerns—and betting odds—among economists that a recession may be coming if oil costs remain elevated for an extended period. One ...

Crude tanker-owner Capital Tankers Corp.’s shares fell in their Oslo debut on Tuesday, as the closure of the Strait of Hormuz has disrupted global oil transit and markets. The firm, backed by Greek ...