Tag: Oil
Oil Drops to Two-Month Low as China Concerns Weigh In
Oil traded at its lowest levels since early June on Tuesday, July 30, as worries about low demand in...
Driven by Post-Pandemic Rebound, US Oil Giants Spent $250 Billion in 2023
HOUSTON — The oil and gas industry went on a $250 billion buying spree in 2023, taking advantage of companies...
Chevron Unlikely to Invest More in Venezuela in Short Term, Says CEO
Chevron Corp is unlikely to add investment in Venezuela in the next six months despite a recent U.S....
Exxon Mobil Shares Surge to Record Intraday High
HOUSTON (Reuters) — Exxon Mobil Corp shares passed their all-time high on Friday, Oct. 21 as oil prices...
Oil Rises as OPEC+ Agrees Deep Cuts to Production
Oil prices rose on Wednesday, Oct 5 — building on gains in recent days as OPEC+ agreed its deepest cuts...
Schlumberger Sees North American Oil Activity Growing Faster Than Expected
Top oilfield services company Schlumberger on Wednesday, Sept. 7 said North American oil and gas activity...
‘Voltswagen’ April Fool’s Gaffe Spotlights Difficulty of EV Paradigm Shift
German auto giant Volkswagen has appeared to gaffe after a press release claiming the company was rebranding...