WASHINGTON, Feb 24 (Reuters) - The oil industry needs crude prices to rise and sustain at $70 per barrel in order to grow output, executives said on Tuesday. U.S. oil production can be maintained at ...

Eni has confirmed a significant offshore oil discovery in Angola’s Block 15/06, with preliminary estimates pointing to around 500 million barrels of oil in place, strengthening the country’s upstream ...

Monday - Friday: 12:00 - 13:00 SIN/HK | 0600 - 07:00 CET In this video David Neuhauser, CIO at Livermore Partners, joins CNBC’s Dan Murphy to discuss the potential market impact of a US strike on Iran ...

View post: Starbucks makes its rewards program more generous for customers View post: A record release of oil reserves is no match for a scared energy market — oil prices are already back above where ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Oil price spikes to $90-$100 per barrel are “within reach” as the United ...

Any moves by the U.S. to destroy Iranian oil infrastructure appear unlikely because of the Trump administration's focus on bringing energy prices down, says strategist Traders are watching oil prices ...

Eight years ago, Pasco lifted a ban on all personal fireworks. Now only aerial and explosive fireworks are illegal in the city. (Tri-City Herald file) Police calls reporting fireworks on the Fourth of ...

NEW YORK, Feb 24 (Reuters) - Oil prices closed down 1% on Tuesday after Iran said it was prepared to take any necessary steps to reach a nuclear deal with the U.S., after weeks of increased military ...

Dozens of tankers filled with Russian oil are floating at sea without buyers. Western powers are seizing the aging ships the country relies upon. Buyers of Russian oil are demanding the steepest ...