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You Searched For "big oil" and got 18 results


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3 mins read

Trump said he'll unleash an oil boom. Exxon Mobil CEO says not so fast.

ExxonMobil CEO Darren Woods said there isn't much opportunity for the oil industry to increase prod…

Catherine Boudreau,Jacob Zink…   


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1 min read

China's EVs are fueling a big oil demand slowdown

China's oil demand growth is down this year, mostly due to the country's massive shift to EVs and …

Kelly Cloonan   


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2 mins read

Sensex, and Nifty rebound to greens, metals and banks lead the rally on bourses today

Indian benchmark indices, Nifty and Sensex, rebounded from last week's losses, closing higher on Mo…

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3 mins read

Elon Musk wins big by betting on Trump

Elon Musk will likely benefit from close ties to the president-elect and a lighter regulatory envir…

Ana Altchek   


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4 mins read

This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy

Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…

Theron Mohamed   


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2 mins read

Stocks tumble, oil spikes as Mideast tensions flare

Investors moved out of equities as conflict escalated between Israel and Iran. Traders piled into s…

Filip De Mott   


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4 mins read

2 of the world's biggest oil producers are looking for new ways to power their economies

The US has witnessed a massive rise in oil production over the last 15 years amid the shale boom.

Huileng Tan   


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2 mins read

Oil oversupply could send prices tumbling in 2025, energy analyst says

Some forecasters have called for oil prices to hit $50 a barrel. That would mark a decline of nearl…

Jennifer Sor   


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1 min read

Russia's oil revenue has plunged as global crude prices tumble

Moscow saw oil sales drop to $1.44 billion the last week, the lowest value since January, Bloomberg…

Jennifer Sor   


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2 mins read

How plunging oil prices could help the US avoid recession

Cheaper energy reduces cost burdens in manufacturing, construction, and agriculture, among other ec…

Filip De Mott   


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3 mins read

Israel is trying to dismantle Hezbollah's leadership, but there's a big problem

Israel has created a power vacuum within Hezbollah that may pave the way for radical figures to tak…

Mikhaila Friel   


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2 mins read

Stock market today: Tech rally leads stocks higher as oil prices plunge and earnings kick off

The market rebounded from Monday's losing session as oil prices plunged 4% and tech stocks gained g…

Filip De Mott   


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2 mins read

US stocks rally as big jobs-report miss fuels rate-cut hopes, Amazon soars

The weak jobs data was driven by hurricanes and labor strikes. Investors were encouraged that the r…

Matthew Fox   


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5 mins read

I work on an oil rig. It has lonely moments, but every rig I've been on is like a family.

Kailem Donovan, a rigger who works on oil rigs in North and Baltic seas, shares what it's like offs…

Claire Turrell   


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2 mins read

Stock market today: Indexes slip as traders digest GDP and inflation data ahead of more big earnings

GDP rose 2.8% last quarter, while PCE inflation was 2.2% in September. Traders are bracing for earn…

Filip De Mott   


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1 min read

Stock market today: Indexes trade mixed as investors sift through big bank earnings

Gains were muted Tuesday morning as investors parsed through the latest earnings from Citigroup, Go…

Filip De Mott   


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2 mins read

China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now

On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher pro…

Huileng Tan   


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2 mins read

Big Oil is all in on electric cars

Heavyweights of the combustion-car era like Shell, Exxon Mobil, and BP could dominate the electric …

Tim Levin