Oil & Gas

Editor’s note: The story has been updated to include a comment from a spokesperson from DOI. New York Attorney General Letitia James said on Tuesday that New York State would be suing the Donald Trump administration over the latter’s deal with French energy company TotalEnergies SE (...

General Motors Co. (NYSE:GM) will be investing nearly $1 billion in strengthening its gasoline vehicle lineup, with over $340 million in new investments aimed at bolstering its U.S. manufacturing plants. GM Bullish On Gasoline The $340 million investment includes a $300 million commitment towards...

Gas prices may be heading lower—but don't expect relief to arrive evenly. The next move at the pump isn't just about crude pulling back. It's about geography, logistics, and one critical chokepoint: the Strait of Hormuz. And depending on where you live, the wait could look very different. In an...

The oil market's latest spike may have already run its course — and the answer isn't buried in supply data or demand forecasts. It's floating through one narrow waterway. • What’s driving USO stock today? Right now, crude's direction is being dictated less by barrels and more by...

Sky Quarry Inc (NASDAQ:SKYQ) is suddenly doing what small-cap energy names rarely do quietly—explode higher and drag technicals along for the ride. SKYQ stock has surged around 250% since the beginning of April and 84% in just five days, and now the chart is flashing a classic momentum signal: a...

Diamondback Energy, Inc. (NASDAQ:FANG) shares slipped in Monday's extended trading after the company released its fourth-quarter earnings report, missing bottom-line estimates.  Here's a look at the details from the quarter.    FANG stock is moving. Watch the price action here...

Offshore driller Transocean Ltd’s (NYSE:RIG) stock closed higher Friday after the company posted mixed fourth-quarter results and highlighted progress on its pending merger with its rival, Valaris Ltd.. Here’s what investors need to know. Transocean stock is gaining positive traction...

Occidental Petroleum Corp. (NYSE:OXY) shares climbed in Wednesday's extended trading after the company released its fourth-quarter earnings report, beating analyst estimates.   Here's a look at the details from the quarter. OXY stock is moving. Watch the price action here. Q4 Details...

Occidental Petroleum Corp (NYSE:OXY) will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects 70 cents in EPS and $7.05 billion in revenues as the company reports after market hours. The stock is down 19.31% over the past year, 3.51% year-to-date. Warren Buffett Keeps Loading...

President-elect Donald Trump spotlighted artificial intelligence and drilling expansion as pillars of his economic vision Tuesday, pledging to foster AI-driven innovation while slashing energy costs through expanded deregulation. During a press conference at Mar-a-Lago, Trump outlined plans to...

Chevron Corp. (NYSE:CVX), the second-largest oil company in the United States after Exxon Mobil Corp. (NYSE:XOM), sent shockwaves through the market with its announcement of a planned acquisition of Hess Corp. (NYSE:HES) on Monday. However, the market’s initial response has been far from...

In light of the 2024 election deal between the Venezuelan government and its opposition, there are reports suggesting that the Biden administration is getting ready to ease sanctions on Venezuela’s oil and gas sector. What Happened: This development comes after an anonymous senior official...

In a world where every drop of oil and every puff of emission is scrutinized, the Organization of the Petroleum Exporting Countries, or OPEC, has stood as a bastion of optimism by reportedly raising its medium- and long-term oil demand outlook, which will be highlighted in a...

European stock markets opened higher Friday morning as the US passed a bill to raise the debt ceiling and cap government spending for two years, averting a global economic catastrophe. The Stoxx 600 index currently trading 1% up, as it climbed further from the two-month low hit on Wednesday. Mining...

Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-B) is continuing to shop in the Occidental Petroleum Corp. (NYSE: OXY) aisle, adding 3.46 million shares to his position. The new purchases, valued at over $200 million, took place between May 16 and 18. Previously, various Berkshire Hathaway...