News

Spanish olive oil makers mull US investment, rush exports to avoid tariffs
One of Spain's leading olive oil producers is pondering an expansion into the U.S. in response to the tariff war unleashed by ...
Oil prices fall, then recover, after Trump announces 90-day tariff pause -- excluding China
Oil prices rose to a gain after sinking to a four-year low Wednesday morning in anticipation of slowing economic growth and ...
Oil slumps to $60 a gallon — lowest price since 2021 — as recession fears mount
Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC’s recent ...
Oando pipelines in Nigeria's oil-rich Bayelsa state hit by sabotage attacks
Nigerian oil producer Oando Plc said three sabotage attacks had targeted its pipelines in the oil-rich Bayelsa state in the ...
Market volatility complicates work for lawmakers in Alaska, a state whose fortunes are tied to oil
After President Donald Trump returned to office, Alaska Republican Gov. Mike Dunleavy declared “happy days are here again.” ...
U.S. Crude Oil Inventories Rise for Second Straight Week
U.S. crude oil inventories rose for a second consecutive week, climbing 2.6 million barrels, amid an increase in net imports.
Goldman Warns Oil Below $40 Is Possible in ‘Extreme’ Scenario
Goldman Sachs Group Inc. — fresh from cutting oil forecasts twice in a week — said Brent has the outside potential to fall ...
Company says thousands of gallons of oil have been recovered from a pipeline spill in North Dakota
Workers have recovered thousands of gallons of crude oil from an underground pipeline spill on North Dakota farmland, the ...
The trade war is clobbering energy markets, with oil hitting its lowest price in 4 years
Shares of oil companies have dropped sharply in recent days. Growth fears and expectations of more supply from OPEC+ are ...
Oil tanker arrives in port after North Sea crash
An oil tanker has arrived at a port for inspection a month after it was struck by a cargo vessel in the North Sea. The Stena ...
Cleanup underway of the Keystone oil pipeline spill in North Dakota
Trucks and workers started a cleanup effort at the site of a spill of the Keystone oil pipeline in rural North Dakota.
Cheaper oil produces first decline in wholesale prices in 17 months. But inflation is far from dead as trade wars heat up.
Wholesale prices in the U.S. fell 0.4% in March, dropping for the first time in 17 months, mimicking a similar report on ...