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
6h 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
6h 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
18h ago
British oil major BP on Thursday trimmed the size of its executive team down to 10 members ..read more
CNBC | Oil and Gas
2d ago
UK Foreign Secretary David Cameron said Wednesday that "it's clear the Israelis are making a decision to act" against Iran ..read more
CNBC | Oil and Gas
2d ago
China's need for Iranian oil rules out Strait of Hormuz closure, but sowing 'chaos' as a strategy and sanctions threats will lead Iran to hold hijacked tankers ..read more
CNBC | Oil and Gas
3d ago
U.S. officials told NBC News that they expect an Israeli response to Iran's attack to be limited in scope ..read more
CNBC | Oil and Gas
3d ago
Markets saw limited movement Monday, but all eyes are on Israel's next steps after an Iranian drone and missile strike ..read more
CNBC | Oil and Gas
4d ago
Iran is home to vast oil resources, and any disruption to its capacity to supply global markets could push prices higher ..read more
CNBC | Oil and Gas
4d ago
Iran launched more than 300 drones and missiles against military targets in Israel in an attack that President Joe Biden described as "unprecedented ..read more
CNBC | Oil and Gas
6d ago
The bank has upgraded the energy sector to "attractive" as oil demand forecasts have improved on better-than-expected growth in the major economies ..read more