Exxon nears preliminary deal to return to Venezuela’s oil fields
ExxonMobil is nearing a preliminary agreement with Venezuela's state-owned PDVSA that could mark its return to the country after nearly…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Chevron CEO Warns Oil Market’s Safety Buffers Are Exhausted
Chevron CEO Mike Wirth told an energy conference at the University of Texas at Austin that the mechanisms that cushioned…
US gasoline hits $4.47 as diesel sets record ahead of holidays
The U.S. national average gasoline price hit about $4.47 a gallon on Sept. 18, up 4% in a week, while…
Iran says Strait of Hormuz will stay closed, deepening US tensions
Iran has declared the Strait of Hormuz will stay closed until unspecified conditions are met, deepening its standoff with the…
Saudi Arabia signals major response to Houthi attacks as pipeline restart odds fall
Saudi Arabia is preparing a major response to Houthi attacks on its infrastructure, and traders are already pricing in a…
