Oil

Page 7 of 42

oil tankers at berths
Finance

Oil markets may soon get hit by a global supply glut, weakening crude prices further

By Lucia Kassai and Bloomberg
August 11, 2024
rows of gold bars
Finance

Gold, copper and oil prices fall as market contagion spreads—’It’s just widespread panic’

By Mark Burton, Alex Longley, Yvonne Yue Li and Bloomberg
August 5, 2024
The ExxonMobil Building
Finance

The untold story of how Exxon scored a $1 trillion oil bonanza that 30 rivals passed up

By Kevin Crowley and Bloomberg
August 4, 2024
WOODSTOCK, ENGLAND - JULY 18: Prime Minister of Hungary Viktor Orbán arrives for the European Political Community Summit at Blenheim Palace on July 18, 2024 in Woodstock, England. At the 4th European Political Community Summit, Europe’s leaders will focus on energy, infrastructures, connectivity, cybersecurity, countering disinformation and migration. (Photo by Carl Court/Getty Images)
Politics

The Polish ‘are doing business with the Russians’ says Hungary’s Orbán as relations between the two nations take a hit

By Vanessa Gera, Balint Domotor and The Associated Press
July 30, 2024
Saudi Aramco CEO Amin Nasser
Finance

The world’s top crude exporter has quadrupled imports of fuel oil to the highest level in more than 3 years

By Anthony Di Paola and Bloomberg
July 12, 2024
HOUSTON, TX - JULY 3: The Russian supertanker Astro Lupus waits to unload its cargo of the first direct shipment of Russian crude oil to the United States 03 July 2002 in the Gulf of Mexico 50 miles from Houston, Texas. Russia is the world's second largest oil exporter. (Photo credit should read POOL/AFP via Getty Images)
Politics

Dozens of Russian oil tankers drift empty and idle across the world’s oceans, stranded by European sanctions

By Eleanor Thornber, Julian Lee and Bloomberg
July 10, 2024
Image of Saudi Aramco's seismic robot in the desert, where they use AI to analyze geological formations deep underground.
Features

Energy giant Saudi Aramco is betting on AI to thrive after the ‘peak oil’ era

By
June 26, 2024
Warren Buffett has been on a 9-day buying tear with oil stock Occidental, and it could shed insight into Berkshire Hathaway’s bigger strategy, analyst says
Finance

Warren Buffett has been on a 9-day buying tear with oil stock Occidental, and it could shed insight into Berkshire Hathaway’s bigger strategy, analyst says

By
June 18, 2024
multi colored blocks behind large 500 number
Magazine

Introducing Fortune’s first-ever Southeast Asia 500: Firms that mine stuff, make stuff, and move stuff dominate a fast-growing region

By
June 17, 2024
person holding a bottle of crude oil
Finance

We’ll soon live in a world with a ‘staggering’ excess of oil that we can’t fully use, global energy watchdog IEA warns

By
June 13, 2024
Saudi Aramco's Amin Nasser
Finance

Saudi Arabia’s oil giant sees massive stock offering sell out in hours as investors clamor for annual dividend payouts of $124 billion

By Matthew Martin, Julia Fioretti and Bloomberg
June 2, 2024
pump jack and oil barrels
Finance

OPEC+ extends oil production cuts through all of 2025 to help prop up weaker crude prices

By David McHugh and The Associated Press
June 2, 2024
2 Citgo oil execs held for 5 years in Venezuela are suing the company for $400m because they say it lured them to South America knowing they could be arrested
Finance

2 Citgo oil execs held for 5 years in Venezuela are suing the company for $400m because they say it lured them to South America knowing they could be arrested

By
May 31, 2024
As the EV market cools, the oil industry scorches with $250 billion in high-stakes deals and mass consolidation: ‘The bigger the company is, the more money they make’
Finance

As the EV market cools, the oil industry scorches with $250 billion in high-stakes deals and mass consolidation: ‘The bigger the company is, the more money they make’

By
May 29, 2024
Pedestrians walk past a Shell garage at night
Environment

Climate activists led a Shell shareholder rebellion over decarbonization targets, winning 19% of the vote. What difference will it make?

By
May 22, 2024

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