Synthetic motor oil has been around for longer than you might expect, but most classic cars were designed to run with ...

The real nail in the coffin came in 1973, when OPEC oil suppliers imposed an oil embargo on the United States, essentially tripling the price of oil. U.S. automakers were forced to respond by ...

A shortage of oil and gas would be very welcome to Exxon and OPEC alike. Shortages tend to drive prices higher, and higher prices invariably mean greater profits, as we saw in 2022.

OPEC+ nations announced oil output cuts totaling 1.2 million barrels a day on Sunday. Crude oil futures rose as much as 8% on the news. They had tumbled in March due to the bank crisis. The move ...

Exxon and Chevron hold the line against tariffs, OPEC, and plunging oil prices. Jordan Blum . Fri, May 2, 2025, 2:52 PM 5 min read. In This Article: XOM . CVX .

There were a number of “fuel crisis” episodes in NASCAR history, but none as significant as in 1974, when the sanctioning body chose to reduce the length of several races by 10 percent or more ...

Then, the OPEC Oil Crisis reared its global head in ... the Rocket 88 was a full-size car, but it was marketed as a mid-range model that would fit between the entry 76 and the top-of-the-line ...

Saudi Arabia's Oil Minister Khalid Al-Falih listens to journalists at the beginning of an OPEC meeting in Vienna, Austria, July 1, 2019. REUTERS/Leonhard Foeger 2022-08-17T18:36:00Z ...

The OPEC+ Joint Ministerial Monitoring Committee will hold a meeting on Monday and while it’s not likely to shake up the oil market, discussions will highlight the importance of continuing to ...

The WTI and Brent crude oil futures jumped as much as 8% and were both 5.6% and 5.4% higher at $79.89 and $84.23 a barrel respectively.