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 ...

Russia's seaborne oil exports — a key part of the nation's oil trade — have taken a hit in recent months, as Western sanctions on one of Moscow's most important sources of revenue continue to ...

Crude oil inventories in the United fell by 4.7 million barrels for the week ending December 6, according to The American Petroleum Institute (API). Analysts had expected a draw of 1.85 million ...

NEW YORK, Dec 17 (Reuters) - Oil prices eased about 1% to a one-week low on Tuesday on demand worries following the release of negative economic news from Germany and China, while investors ...

Algae oil is a plant-based oil derived from algae, plant-like microorganisms that live in aquatic environments. When you think of algae, you might picture the green film that floats in ponds or covers ...

LONDON, Dec 11 (Reuters) - OPEC cut its 2024 global oil demand growth forecast for a fifth straight month on Wednesday and by the largest amount yet, a series of downgrades that highlights China's ...

He wants to cut America’s federal budget deficit to 3% of GDP, lift annual economicgrowth to 3% and boost the country’s oil and gas output by the equivalent of 3m barrels per day (b/d ...

Fuel retailers are set to implement mixed adjustments on pump prices this week ... The Department of Energy-Oil Industry Management Bureau (DOE-OIMB) earlier projected a hike for gasoline and a ...