Oil

Harold Hamm, oil magnate and founder of Continental Resources, issued a stark warning: if oil prices remain at current levels, drilling in key U.S. shale fields could come to a standstill.  The Details: Speaking at CERAWeek in Houston, Hamm emphasized that with oil prices hovering near $65 per...

Wall Street is leaning into natural gas while pumping the brakes on oil. JPMorgan's latest energy sector update signals a shift in the landscape, driven by growing U.S. gas demand and a looming oil glut in 2025. Analyst Arun Jayaram and his team have crunched the numbers, revising forecasts and...

The energy sector is facing heightened investor scrutiny as recent developments have added uncertainty to oil markets. A combination of rising U.S. crude inventories, geopolitical tensions and trade concerns has triggered volatility in oil prices, leading to mixed reactions across energy-related...

The shares of Valero Energy Corporation (NYSE:VLO) and Marathon Petroleum Corp (NYSE:MPC) have been crushed over the past month. Both have dropped nearly 20%. This is due to the sell-off in oil. But they may be about to reverse and rally. This is why they are our Stocks of the Day....

West Texas Intermediate crude oil prices have fallen 6% over the past month to reach multi-year lows on Wednesday. Several factors, including trade policies and OPEC+ production increases, contributed to the sharp decline.  U.S. Tariffs: President Donald Trump’s 25% tariff on energy...

The Trump administration is exploring a strategy to halt and examine Iranian oil tankers at sea as part of an international agreement aimed at curbing the spread of weapons of mass destruction. What Happened: According to Reuters, Trump officials are considering enabling allied nations to stop and...

Diamondback Energy, Inc. (NASDAQ:FANG) reported its fourth-quarter results after Monday's closing bell. Here's a look at the key figures from the quarter.  The Details: Diamondback Energy reported quarterly revenue of $3.71 billion, which beat the analyst consensus estimate of $3.53 billion and is...

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...

BP p.l.c. (NYSE:BP) shares are trading higher Monday after the Wall Street Journal reported that activist investment fund Elliot Management had taken a stake in the London-based oil company. BP is also set to report its fourth-quarter results ahead of Tuesday's opening bell. Here's a look at what...

Oil prices climbed Monday, marking their strongest one-day surge in nearly a month, as geopolitical risks intensified following threats of a ceasefire breakdown in Gaza. West Texas Intermediate crude futures jumped 1.8% to $71.90 per barrel by 2:30 p.m. ET, while Brent crude advanced 1.6% to $76.40...

Oil prices swung back from early losses Thursday after the Department of Treasury announced fresh sanctions on an international network funneling Iranian crude to China, a move that underscored Washington's ongoing efforts to curb Tehran's oil revenues. West Texas Intermediate crude, which is...

Trump Media & Technology Group (NASDAQ:DJT), which was co-founded by President Donald Trump, is pushing deeper into the world of finance with a filing for several custom exchange-traded funds, a move that comes after recently rolling out plans for Truth.Fi. What Happened: Following up on a...

The second Trump Administration has brought a flurry of foreign policy changes to the federal government. Its latest action puts oil giant Chevron Corp (NYSE:CVX), typically a beneficiary of Republican administrations, into its crosshairs. What Happened: Chevron is in communication with the Trump...

Oil prices slid Wednesday as investors shrugged off Donald Trump's renewed "maximum pressure" sanctions on Iran, focusing instead on surging U.S. crude inventories and skepticism over how aggressively economic sanctions will be enforced. Despite the president's hardline rhetoric, markets appeared...

Shell PLC (NYSE:SHEL) shares are trading higher on Tuesday. The oil giant disclosed it resumed production at the Penguins field in the North Sea off the U.K. using a new floating production, storage and offloading (FPSO) facility. The Penguins FPSO is Shell's first newly operated facility in the...