CNBC | Oil and Gas
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Latest news on oil prices, fracking, drilling, refining, and processing for gas by CNBC.
CNBC | Oil and Gas
11h ago
Chevron produced 1.57 million barrels of oil equivalent daily in the U.S. for the quarter, an increase of 35% over the same period last year ..read more
CNBC | Oil and Gas
22h ago
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank ..read more
CNBC | Oil and Gas
22h ago
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand ..read more
CNBC | Oil and Gas
2d ago
Traders are waiting for the latest U.S. petroleum inventory data with the market's focus shifting back to supply and demand fundamentals ..read more
CNBC | Oil and Gas
2d ago
The chief executive of the world's largest wealth fund says there are many wildcards in financial markets right now ..read more
CNBC | Oil and Gas
3d ago
The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports ..read more
CNBC | Oil and Gas
4d ago
Iranian Foreign Minister Hossein Amirabdollahian told NBC News the Islamic Republic does not plan to respond to Israel's retaliatory strike launched Friday ..read more
CNBC | Oil and Gas
1w ago
Gasoline futures have risen nearly 29% this year with prices at the pump currently averaging $3.67 a gallon, according to the motorist association AAA ..read more
CNBC | Oil and Gas
1w ago
Oil has sold off this week as traders unwind the geopolitical risk premium built into prices over the last two weeks ..read more
CNBC | Oil and Gas
1w ago
British oil major BP on Thursday trimmed the size of its executive team down to 10 members ..read more