“There’s alternate sources of oil supply in the market but no alternate sources of demand growth,” one analyst said.
Some energy companies are questioning whether they can wait out the current dip in prices.
It wouldn't change much at the pump — at least here at home.
Will there be other deals like it?
What’s the most profitable company on earth? We’ll give you three guesses. Nope, not Apple. Google? Try again. Exxon Mobil – wrong. It’s the national oil company of Saudi Arabia. Known as Saudi Aramco, it’s the runaway leader, according to new numbers put out by the company. These number are the first since … well, […]
The Permian Basin is now far from the preserve of the independent producer.
When we report on the world’s thirst for energy, we often miss something: chemicals made from oil and gas. A new report Friday finds petrochemical demand in the world is surging for things like synthetic rubber, packaging, fertilizer and detergents. In the long run, chemicals may be a bigger driver of world oil demand than […]
With the U.S.-based oil giants Chevron Corp. and Exxon Mobil Corp. scheduled to release their first quarter 2018 earnings Friday morning, we look at the state of the oil industry. Companies are reaping the benefits from higher oil prices and demand. But what is big oil investing in these days, with an eye toward the future? Click […]
Midland, Texas, is doing well with high oil prices but having trouble retaining teachers for its public schools.