3 Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass through it. Following Saudi Arabia are Iraq, the United Arab Emirates, ...

The fraught politics of carbon capture are dividing the oil industry.

Oil flows on Russia's Transneft pipeline fell last year and continue to slide in 2025. Due to the falling oil flows, Transneft doesn’t expect its revenue to grow at the same pace as in the past ...

Doris Rein, age 94, of Baytown, Texas, peacefully passed away at home on June 8, 2025. Born in Houston, Texas, on November 8, 1930, she was the daughter of Claude Canion and Dorothy Noffke Canion.

For better or worse, Devon Energy's financial performance is tied directly to oil prices. Oil and gas giant ConocoPhillips is enhancing its ability to cash in on crude prices. Higher oil prices ...

Trump took to social media on Monday to demand that oil prices stay down in the wake of US attacks on Iran. Oil prices were down slightly on Monday after initially spiking on news of the attacks.

Iran could retaliate against the U.S. strikes on its nuclear facilities by shutting down the Strait of Hormuz, a move that would likely cause oil and gas prices to surge.

In the wake of the U.S. attack on Iranian nuclear facilities, President Trump urged “everyone” to keep oil prices down Monday, also pushing to "drill, baby, drill." ...

Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, they warned.

Fighting has the potential to disrupt oil markets, but a move by Iran to cut off supply would chiefly hurt China, the biggest buyer of Iranian oil.

OPEC’s June 2025 report shows oil prices dropping to $63.62 per barrel.. OPEC Report: Oil Prices Drop, Demand Grows in June 2025. Crude Oil Prices, DoC Countries, economic growth, global oil demand, ...

Oil prices have fluctuated due to concerns about potential supply disruptions in the Middle East following recent Israeli strikes on Iran, but no actual supply cuts have occurred. The Strait of ...