Occidental Petroleum (Oxy) is one of the largest oil and gas producers in the U.S., and a major money-maker for investors ...

shortages, May 3, 1979 in Long Beach, California. (Photo by Getty Images/Bob Riha, Jr.) As the 50 th anniversary of the first major oil crisis approaches next month, it is important to understand ...

It has been 50 years since the Arab oil embargo and the ensuing crisis, which broke in October 1973. The initiating action was the embargo, but I recall that markets were tightening ahead of that ...

Shelby Holliday goes in search of the little-known stories behind big business and news headlines, revealing the surprising ramifications for individuals.

TASS/. The world will not face a shortage of oil due to a drop in output in Saudi Arabia, even if it takes several weeks to restore production. That is according to experts interviewed by TASS.

The majority of the UK's sunflower oil comes from Ukraine A farmer has said the current shortage of cooking oil could be solved by more domestically grown rapeseed. Emma Foot grows rapeseed on her ...

Chief Executive Officer of the Chamber of Oil Marketing Companies (OMCs), Dr. Riverson Oppong, has announced that the country may experience a fuel shortage in the coming days. According to him ...