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Oil climbs nearly 3% as price drop triggers buying; oversupply worries weigh
Oil gained more than $1.50 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by ...
Oil Rebounds But Oversupply Concerns Persist
Oil prices were rising more than 2% in early trading after tumbling in the previous session due to mounting concerns over a ...
Oil leak off Louisiana coast contained but clean up continues, Coast Guard says
After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard ...
The heart of the US oil boom is slowing
Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...
OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
Why Oil Stocks Plummeted in April
APA Corporation (NASDAQ: APA), and oilfield service provider Halliburton (NYSE: HAL) fell hard in April, down 18.7%, 26.1%, ...
Oil price crucial for Russia, but national interests come first, Kremlin says
Oil prices play a crucial role in Russia's budget and the Russian economy overall, but Russian national interests take ...
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Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash
Saudi Arabia experienced a substantial $15.6 billion budget deficit in the first quarter of 2025, even before the recent ...
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Crude oil is cheaper than it's been in four years. It may be too cheap for the oil industry.
Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic ...