News

Why are oil prices falling? And what does it mean for Long Islanders?
Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...
Oil prices little changed ahead of Sino-US trade meeting
Oil prices were little changed early on Friday after rising more than 3% in the previous session, as trade tension between ...
A top exec says America's oil industry is at a 'tipping point' and US production is set to drop
The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...
As the oil industry freezes up, ConocoPhillips CEO warns against cutting production too fast: ‘Don’t whipsaw this thing too hard right now’
The ultimate depth and duration of this current price environment remains unclear,” said ConocoPhillips chairman and CEO Ryan ...
Oil Prices Fall as OPEC Increases Supply Despite Fears of an Economic Slowdown
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
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Why oil prices are falling, and what it means for the economy
Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...
How Tariffs and OPEC+, Oddly Enough, Are Driving Down the Price of Oil
When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs ...
One Ring To Rule Them All: The Price Of Oil
The decline in oil prices and U.S. shale production potentially peaking will shift global oil supply and price volatility. Read more on what oil and gas CEOs are saying.
ExxonMobil Built Its Business to Thrive in Volatile Oil Markets
Turbulence has returned to the oil market this year. Oil prices have tumbled more than 15%, weighed down by the uncertain ...