News

US to produce less oil in 2025 than previously expected, EIA says
The U.S. will produce less oil in 2025 than previously expected as declining oil prices have prompted U.S. producers to slow ...
Hungary’s Mol Eyes Ukraine Port Access to Phase Out Russian Oil
Mol Nyrt., the Hungarian oil company that’s faced criticism for maintaining strong reliance on Russian energy, sees a ...
Here’s the open secret as U.S. tightens sanctions on Iran’s oil exports
The U.S. continues to show it’s serious about punishing Iran for its nuclear ambitions and support for terrorism, but tighter ...
Summer gas prices are headed even lower, as Saudi Arabia accepts the 'lesser evil' of cheap oil
OPEC+ jolted markets by announcing it would flood the market with more oil.
Exxon signals lower oil, gas prices could hit second-quarter profit
Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from ...
Arizona driver says just days after getting an oil change, his engine seized up while driving on the freeway
Regular oil changes should help your car run longer and perform better, but when Travis Brun's engine seized up just days ...