Despite Shift, Markets Face Long Wait for Venezuelan Oil

The Biden administration made a significant change in its Venezuela policy when it authorized Chevron Corp.…

Apple, Amazon, McDonald’s Headline Busy Earnings Week

Amazon. com Inc., Apple Inc. and meta-platforms Inc. are among the tech heavyweights featured in a…

Opinion: Elon Musk pumps Tesla stock with ridiculous $4 trillion target. Is a dump coming next?

Another earnings call from Tesla Inc. and another fanciful prediction from Elon Musk that likely led…

Russia Wipes Out Exxon’s Stake in Sakhalin Oil-and-Gas Project

The Kremlin pushed Exxon XOM 1.44% Mobile Corp. exited a major Russian oil and gas project…

Who’s going to be the next world’s economic power? Here’s what this famed economist is now saying — and one possible surprise

Thursday’s dramatic rise doesn’t necessarily indicate that the stock market is about to bottom, but it…

OPEC Slashes Oil-Demand Forecasts After Supply Cuts

The Organization of Petroleum Exporting Countries lowered its forecasts for global economic growth and crude oil…

U.S. Takes Aim at OPEC for Oil Production Cuts

WASHINGTON – OPEC’s decision to cut oil production prompts the US to consider measures aimed at…

Chevron Faces Tough Job Restarting Venezuela’s Damaged Oil Fields

While the Biden administration is looking for an easing of sanctions to allow Chevron corp To…

Biden official says ban on gasoline exports still on the table, as White House responds to OPEC+ supply cut

Top White House economic adviser Brian Deese said Thursday a U.S. ban on exports of gasoline…

You Can’t Build Roads Without Oil

Construction workers build speed bumps in Pacoima, California, September 28, 2020. Photo: Hans Gutknecht/Zuma Press The…