oil

Greater Chaco Coalition Demands More Than Piece-Meal Protection in Response to 10-Mile Buffer

#ItsNotOver as Interior Department initiates 90-day comment period to pause new oil and gas leasing around Chaco Culture National Park, Coalition reaffirms need to protect culture, communities, and climate across Greater Chaco Landscape.

Some Democrats Blame President Joe Biden Over High Gas Prices, Call Oil Reserve Plans 'Policy Band Aid'

Some Democrats blame President Joe Biden for high gas prices and criticize his move to release barrels of oil in the nation's reserve.

Pres. Joe Biden Authorizes "Largest Ever Release' From Oil Reserve to Address High Gas Prices

President Joe Biden announces plans to release barrels of oil from reserve to lower the gas prices across the U.S.
Donald Trump Slams Pres. Joe Biden Over Border Crisis, Afghanistan 'Mess,' Soaring Inflation and Crime Rates

Donald Trump Slams Pres. Joe Biden Over Border Crisis, Afghanistan 'Mess,' Soaring Inflation and Crime Rates

Former President Donald Trump lashed out at President Joe Biden's handling of the border crisis, rising crime rates, soaring inflation, and Afghanistan's "mess."
Biden’s Postponement on New Oil, Gas Lease a Problem for New Mexico

Biden's Postponement on New Oil, Gas Lease Poses Problem for New Mexico

U.S. President Joe Biden's 60-day moratorium on new oil and natural gas leases, as well as drilling permits, is causing the state of New Mexico a concern.
A sign of state-owned company Petroleos Mexicanos

Mexico's Oil Regulator Says Pemex Joint Ventures Possible In Coming Months

Mexico's new oil regulator said state-owned petroleum company Petroleos Mexicanos (PEMEX) could possibly seek for joint venture partnerships soon.

Venezuela’s Children Are Starving: Here’s How You Can Help

More than 70% of Venezuelans lost an average of 8 kilos in 2016. Venezuela's economic crisis is creating a grave child malnourishment issue. Oil-rich in reserves, the country took a hard blow during last year's depression when prices for oil plunged to abysmal new lows.

Why are people protesting in Venezuela?

The death toll has risen to at least 42, and more than 750 people injured. Demonstrations against President Nicolas Maduro administration in Venezuela keep growing.

Stock Tips This Week: Wall Street Opens Higher Monday; Oil and Energy Stocks Are Good Plays

Stocks were off to a good start Monday, with the Dow Jones Industrial Average up over 200 points in late-day trading. Oil prices were climbing and recovering, affecting the rest of the market. This week, it is a good time to grab a position in companies that are headed higher.

Stocks End 2015 With Loss, Worst Year for S&P 500, Dow Since 2008

Despite increase in oil, stocks fall Thursday Stocks fell Thursday, the last day of trading of 2015, rounding out the worst year of performance in the S&P 500 and Dow Jones indices since 2008.

Oil Prices Fall Over 3 Percent, Oversupply Concerns Grow

Oil prices continued to fall again on Monday as concerns of weak demand continued to worry investors. Since the end of last year, U.S. oil futures are down 30 percent.

Stock Market Updates: Stocks Rebound Tuesday After China Cuts Interest Rates

U.S. stocks are up Tuesday, Dow up over 300 points at the opening bell U. S. stocks recovered Tuesday after their brutal losses Monday with the Dow Jones industrial average up over 300 points at the opening.

Argentina Judge Orders Seizure of Assets From Oil Companies Drilling in the Falklands

An Argentine federal judge has ordered the seizure of $156 million in assets from five oil companies that have been drilling in the Falkland Islands.

Petrobras Scandal News: Oil Company Reportedly Hires JPMorganChase & Co. to Sell Assets as Corruption Prevents Financing

Brazil's state-controlled oil producer, Petróleo Brasileiro SA, commonly known as Petrobas, has hired JPMorgan to handle $3 billion in planned asset sales this year. JPMorgan Chase & Co. has been tasked with this duty after a corruption scandal blocked financing for the oil company.

Oil Prices News 2015: Mexico Cuts Billions From Budget Due to Drop in Price, Energy Sector Will Likely Hurt Most

Mexico just opened up oil-sector investment to private companies for the first time in decades. Now, with slumping oil prices, the country is forced to cut $8.4 billion from its 2015 budget.

Gas Prices by State News: Cheap Price of Gasoline Rises for First Time in 9 Months

For the first time in nine months, drivers across the United States saw the cost of fuel rise over the past two weeks, a Lundberg survey released Sunday showed. A gallon of regular-grade gasoline on average cost $2.20 across the nation.

Prices of Oil News 2015: OPEC Executive Defends Decision Not to Cut Production, Promises Cost Per Barrel Price Will 'Rebound' [Video]

Oil could be headed back to "normal" prices per barrel according to Secretary-General of Organization of the Petroleum Exporting Countries (OPEC) Abdullah al-Badri said Wednesday.

Oil Prices Hit Lowest Point Since 2009: Price Per Barrel for Crude Oil Continues to Fall in US in 2015

Oil prices went down as much as 6 percent on Monday, making it the lowest oil has been since spring 2009.

Dow Jones Stock Market Update: Stocks Surge Off Fed Announcement

The market rallied Thursday morning off Wednesday's Fed announcement The S&P 500 surged over 20 points and the DOW shot up 225 points Thursday morning as stocks continued to rise after yesterday's announcement from the Federal Reserve Board that they will be "patient" in raising interest rates, and will wait a "considerable time" before doing so.

Stock Market News: Oil Prices Drop, Dragging Down US Stocks for DOW, But PetSmart Prevails

The cost of a barrel of oil dropped below $57 on Monday as U.S. stocks fell in a roller coaster trading day. OPEC, meanwhile, has no plans to revise production, the energy minister of the United Arab Emirates said.

Venezuela Cuts Government Expenses by 20 Percent

Venezuelan President Nicolas Maduro approved a notion on Tuesday to cut government expenses by 20 percent amidst a major plunge in oil prices.