[ad_1] Officials are discussing setting the price cap at around $60 a barrel, as the group rushes to finalize the plan before it begins early next month. [ad_2] Source link Source link
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[ad_1] A powerful earthquake in West Texas is drawing fresh scrutiny to frackers’ water-management operations in the nation’s hottest petroleum-producing region. A 5.4-magnitude earthquake, the fourth largest in Texas history, struck an oil-and-gas production hot spot in Reeves County on Wednesday afternoon, sending tremors that were felt as far as Dallas, El Paso and San […]
Read More[ad_1] Business Russian crude oil exports, including to the European Union, were largely unchanged last month [ad_2] Source link Source link
Read More[ad_1] U.S. oil-and-gas companies offer little relief for tight global market. [ad_2] Source link Source link
Read More[ad_1] WSJ News Exclusive World Cap will only apply to the first point of sale of Russian oil that takes place on land, U.S. and its allies have determined [ad_2] Source link Source link
Read More[ad_1] Narendra Modi is spending billions of dollars on self-reliance. On roads and in factories, the Indian prime minister’s slogan translates to generous subsidies for homemade electric-vehicle batteries, solar panels and green hydrogen — anything that can help cut an outsized dependence on Middle Eastern crude oil. There is, however, another imported oil the […]
Read More[ad_1] Business Earnings Earnings driven by higher oil prices and volumes sold [ad_2] Source link Source link
Read More[ad_1] Frackers in America’s busiest oil field are butting heads with miners working to boost production of a vital crop nutrient in short supply following Russia’s invasion of Ukraine. Relentless drilling in the Delaware basin has pushed New Mexico’s oil production up faster than in any other state over the past 10 years. But the […]
Read More[ad_1] The world’s largest oil companies continue to reap rewards from sustained high commodity prices as Exxon XOM 2.93% Mobil Corp. reported almost $20 billion in profit, its most lucrative quarter ever, while rival Chevron Corp. CVX 1.17% reported just a slight dip from the record haul it set in the prior quarter. Despite the […]
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