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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
The US is pumping more oil than ever, and it's complicating things for other crude-exporting countries
US crude production notched a new monthly record in August. That's not necessarily welcome news to …
Filip De Mott
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
India's oil import bill could swell to $101-104 billion in FY25: ICRA
As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…
PTI
Billionaire 'Bond King' Bill Gross explains why oil and gas pipelines are his top investment even as AI fervor swirls
"It's been wonderful — it's been almost as good as AI," Bill Gross said about the returns he's gott…
Filip De Mott
A millennial couple moved to Italy and bought an olive oil farm for $154,000. They have no regrets.
Jerry O'Shea and Lucie Davidson moved from the UK to Italy for a cheaper cost-of-living and better …
Ella Hopkins
Billionaire 'Bond King' Bill Gross says a Trump win would be 'disruptive' for markets
A Trump presidency would worsen US fiscal deficits, the billionaire investor and PIMCO co-founder s…
Shubhangi Goel
Audacious Ukrainian drone attacks keep doing massive damage to Russia's oil industry
Ukraine launched a new wave of drone attacks Wednesday on oil refineries in western Russia.
Tom Porter
Ukraine is defying the US over strikes on Russian oil refineries. Experts say it's a necessary risk.
Ukraine continues to target Russian oil facilities despite reported US objections, with one militar…
Mia Jankowicz
'Bond King' Bill Gross warns of AI-driven 'excessive exuberance' in stocks, and says he's not buying bonds either
Gross is shorting 5- and 10-year Treasurys as long-dated yields are likely to climb, he wrote in hi…
Filip De Mott
India stands to gain as crude oil prices fall to 4-month low
With crude oil prices falling to a 4-month low in the international market, the Indian economy is e…
India's trade deficit shoots up in October due to spike in oil prices
India's merchandise trade deficit in October stood at $31.46 billion as the country's imports shot …
Africa's richest person just opened a $19 billion oil refinery to help Nigeria reduce fuel imports
Aliko Dangote, founder of the Dangote Group, wants to help oil-rich Nigeria to reduce fuel imports …
Nathan Rennolds
ONGC discovers oil and gas reserves in Mumbai offshore, calls it momentous achievement
State run Oil and Natural Gas Corporation (ONGC) said on Thursday that it has discovered oil and ga…
India imports $12.4 billion worth of crude from Russia but discounts are waning
India has been enjoying the discounted crude oil from Russia for over a year now. But the discount …
A new GOP bill aims to sanction Chinese purchases of Russian oil and energy
"Any entity, including Chinese state-run companies, helping them in that effort should face serious…
Jennifer Sor
US stocks fall as oil prices jump and traders await Fed meeting
Oil prices soared on Monday to their highest level since November, with Brent crude, the internatio…
Phil Rosen
A bill that would set gas price limits and prevent 'exploitative' cost hikes is headed for a House vote
The legislation would enable President Joe Biden to make it illegal to increase gas and home energy…
Grace Kay
Ilhan Omar says she'll vote against a bill to ban Russian oil, citing the 'devastating impact' on the Russian people
"Criticizing and questioning is my job as a leader and a member of Congress," the congresswoman sai…
Bryan Metzger
CHART OF THE DAY: US oil production hits record high amid rising geopolitical tensions
US crude oil production surged to a record high of 13.2 million barrels a day, above the prior reco…