Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns

Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns

Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
Middle East Conflict Threatens Global Economic Growth

Middle East Conflict Threatens Global Economic Growth

Oil prices climbed again on Friday as armed clashes intensify in Israel and, increasingly, beyond.