Category: Oil (Petroleum) and Gasoline

Missing at U.N.’s Climate Meeting: American Executives

Many business leaders are skipping the annual United Nations climate summit in Belém, Brazil, or are attending events in other cities.
Trump Tries to Seize ‘Affordability’ as Americans’ Economic Worries Grow

The issue has buoyed Democrats and is resonating with an American electorate that is souring on the president’s economic agenda.
OPEC Plus Signals Cautious Approach to Oil Production

Eight members of the oil cartel agreed on Sunday to a small increase but said they would now pause in adding more oil, reflecting market concerns about an oversupply.
Exxon’s and Chevron’s Profits Fall as Oil Prices Stay Low

But the companies and other large oil producers are continuing to increase production because drilling still remains profitable.
Trump Opens ANWR to Oil Drilling

The Interior Department also said it would allow a contentious road to be built through the Izembek National Wildlife Refuge in southwestern Alaska.
U.S. Sanctions on Russian Oil Could Push India to Stop Buying It

The sanctions could break a diplomatic deadlock by making it more difficult for India to continue buying from Russia, a point of contention between President Trump and Narendra Modi.
Oil Price Jumps on Trump’s Russia Sanctions

Traders are pondering whether the United States and its allies are finally getting serious about restricting Russian energy.
Russians Awake to Trump’s New Oil Sanctions and Largely Shrug

While oil markets reacted strongly to the sanctions, analysts said the measures were unlikely to significantly change President Vladimir V. Putin’s war calculations.
Oil Prices Dropped 19%, Helping Drivers, but Squeezing the Industry

Oil prices have fallen sharply this year as global supply remains strong and demand has been slow to grow.
World Falling Short on Methane Pledge, U.N. Report Finds

Several agency programs are trying to track and reduce methane emissions around the world. They aren’t meeting the targets fast enough.
What Could Torpedo the Stock Rally

The S&P 500 is nearing another record, but some analysts caution that a host of factors may stall its momentum.
The Government Is Shut Down. But Not for Fossil Fuels.

Federal workers who issue permits for oil, gas and mining operations are on the job, along with those working to repeal pollution limits.