oil

A full ban on oil imports would be a major blow to Russia’s economy. As punishment for their ongoing invasion of Ukraine, numerous first-world countries have been hitting Russia with a variety of sanctions,...

Oil industry considering the future of fuel Occidental Petroleum Corp. unveils a new plan for America’s biggest oilfield located in the Permian Basin with the goal of altering views of fossil-fuel emissions. Occidental will...

Denmark Says “We’re Good” President Trump is reportedly interested in purchasing Greenland from the Danish government. However, authorities on the island say Greenland is not for sale. Greenland is technically part of Denmark but...

Price Speculations Continue U.S. oil prices hit their highest since 2015 again on Tuesday as speculators bet on further price rises amid OPEC-led production cuts and a dip in American drilling activity, though some...

The Fall Of Oil Prices If you have heard the news recently you would be intrigued to know that oil prices are continuing to drop and many are wondering if there is ever going...

  Gas Prices Continue to Fall The price of oil continues to drop and Goldman Sachs is now placing their oil futures for 2015 at a sickly $42 per barrel. This is great news for...