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Exxon Mobil chairman and CEO Darren Woods talks while seated at a conference.
InvestingExxon and Chevron hold the line against tariffs, OPEC, and plunging oil prices
By Jordan BlumMay 2, 2025
In the reeling energy sector, an unexpected OPEC production hike plus tariff fears send oil prices plunging 7%
PoliticsIn the reeling energy sector, an unexpected OPEC production hike plus tariff fears send oil prices plunging 7%
By Jordan BlumApril 3, 2025
Trump says ‘the Russia-Ukraine war would end immediately’ if Saudi Arabia and OPEC lowered the price of oil
PoliticsTrump says ‘the Russia-Ukraine war would end immediately’ if Saudi Arabia and OPEC lowered the price of oil
By Alena BotrosJanuary 23, 2025
OPEC’s market power is ‘less than you would imagine’ and the US doesn’t need to get fussed over the cartel, State Dept. official says
FinanceOPEC’s market power is ‘less than you would imagine’ and the US doesn’t need to get fussed over the cartel, State Dept. official says
By Jason MaDecember 7, 2024
OPEC's headquarters
FinanceOPEC+ delays supply restart again as crude prices struggle
By Grant Smith, Salma El Wardany and BloombergNovember 3, 2024
drilling rig
FinanceBig Oil dials up output growth just as OPEC mulls supply boost
By Kevin Crowley and BloombergNovember 2, 2024
Russian President Vladimir Putin grimaces during a bilateral meeting at the Grand Kremlin Palace while the Summit of the Commonwealth of Independent States (CIS), October 8, 2024, in Moscow, Russia.
FinanceSaudi Arabia has a big plan for oil that could hammer Russia’s war machine, economists warn
By Ryan HoggOctober 14, 2024
oil rigs pumping
FinanceOil is headed for a steeper dive, and OPEC+ won’t be able to stop it
By Grant Smith and BloombergSeptember 6, 2024
Iranian leader Ali Khamenei
FinanceOil price surges after assassination of Hamas leader in Iran, sparking new fear of war and inflation
By Christiaan HetznerJuly 31, 2024
FTC Chair Lina Khan
LeadershipThe FTC is looking for a ‘smoking gun’ as it investigates whether U.S. oil giants colluded with OPEC
By Mitchell Ferman, Leah Nylen, Jennifer A. Dlouhy and BloombergJuly 19, 2024
person holding a bottle of crude oil
FinanceWe’ll soon live in a world with a ‘staggering’ excess of oil that we can’t fully use, global energy watchdog IEA warns
By Prarthana PrakashJune 13, 2024
pump jack and oil barrels
FinanceOPEC+ extends oil production cuts through all of 2025 to help prop up weaker crude prices
By David McHugh and The Associated PressJune 2, 2024
Scott Sheffield
FinanceFTC rocks oil industry with claim that Texas executive was colluding with OPEC to fix prices
By Kevin Crowley, Leah Nylen and BloombergMay 2, 2024
The Fed may be aiming the U.S. for a soft landing and no recession but slumping oil demand growth shows Europe is facing a big slowdown
FinanceThe Fed may be aiming the U.S. for a soft landing and no recession but slumping oil demand growth shows Europe is facing a big slowdown
By Grant Smith and BloombergDecember 14, 2023
U.S. gas prices have fallen for the last 10 weeks and Americans are spending hundreds of millions less than a year ago. Here’s why
FinanceU.S. gas prices have fallen for the last 10 weeks and Americans are spending hundreds of millions less than a year ago. Here’s why
By Wyatte Grantham-Philips and The Associated PressNovember 29, 2023
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