News

Why are oil prices falling? And what does it mean for Long Islanders?
Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...
Oil prices climb 4% on signs of more demand in Europe and China, Middle East tensions
Oil prices climbed about 4% on Tuesday on signs of higher demand in Europe and China, rising tensions in the Middle East and ...
'This oil price doesn't work': Diamondback CEO says US shale production has peaked
The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely ...
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Why oil prices are falling, and what it means for the economy
Here's a breakdown of the forces that are buffeting oil prices, and what it means for individuals and the economy.
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Goldman Sachs Slashes Its Oil Price Forecast Yet Again
Goldman Sachs has further reduced its oil price forecast for this year and next, following OPEC+'s decision to increase ...
Oil Prices Fall as OPEC Increases Supply Despite Fears of an Economic Slowdown
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
Aker BP CEO Says Projects Competitive Even as Oil Prices Slide
Aker BP Chief Executive Officer Karl Johnny Hersvik said the company’s portfolio of projects aimed at driving production ...
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UK to Slap Sanctions on 100 Russian-Oil Carrying Tankers
The UK government is sanctioning 100 additional tankers used to transport Russian oil, marking a 75% increase in its shadow ...
Oil Prices Are Falling. Here’s Where That Could Spell Trouble.
A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic ...
Oil prices sink as OPEC+ hikes output, U.S. stock futures drop ahead of Fed meeting
Oil prices sank Sunday while U.S. stock futures declined after the S&P 500 notched its longest winning streak in more than 20 ...