Browsing: Oil & gas
McDonald’s posts better-than-expected first quarter sales. But higher gas prices threaten demand
By Press Room
McDonald’s posted better-than-expected sales in the first quarter but said high gas prices and consumer anxiety over the Iran war could dent sales this spring.…
Occidental Petroleum’s next chief executive began his career far from the Houston headquarters. On May 1, Occidental announced that COO…
AI’s insatiable need for power is driving an unexpected boom in oil-fracking company stocks
By Press Room
Oil prices are their lowest since the pandemic, revenues are falling, and profits are shrinking, but some frackers and oilfield…
A Texas company plans to drill for oil in Greenland despite a climate change ban and Trump’s desire to annex the territory
By Press Room
Veteran oilman Robert Price was regaled with stories of dogsledding and adventures in Greenland as a child from his father…
Gas prices are headed lower amid weak demand, even during peak driving season, according to Wall Street’s short bets
By Press Room
Hedge funds increased their bearish bets against gasoline prices to the highest in seven years after this year’s summer driving…







