oil

Big oil companies are poised to continue growing even larger

Oil-patch consolidation continues to make headlines as ConocoPhillips announces its agreement to acquire Marathon Oil in a deal worth $22.5…

9 months ago

ConocoPhillips in final negotiations to acquire Marathon Oil

ConocoPhillips is reportedly in advanced talks to acquire Marathon Oil in an all-stock deal that could value the Houston-based company…

9 months ago

Oil prices increase due to escalating tensions in the Middle East

The global oil market experienced gains today as tensions in the Middle East continued to rise. This increase in oil…

9 months ago

Report: Reliance to Purchase Russian Oil from Rosneft in Roubles | Business News

India’s Reliance Industries, operator of the world’s biggest refining complex, has made a strategic move by signing a one-year deal…

9 months ago

ADNOC in UAE to Achieve 5 MMbpd Oil Capacity Goal Ahead of Schedule Despite OPEC Production Quotas

The United Arab Emirates is set to achieve its full oil capacity target ahead of schedule, potentially causing tension within…

9 months ago

UAE Expected to Reach Oil Capacity Increase Ahead of Schedule

The United Arab Emirates (UAE) is on track to exceed its oil production capacity goal earlier than expected, with the…

9 months ago

Coinbase Introduces Oil & Gold Futures as CME Takes Aim at Bitcoin Spot Market in Financial Market Battle

A potential West Coast/East Coast feud is brewing in financial markets as two major exchanges creep into each other's carved-out…

9 months ago

Nigeria Grade Oil Sees Increase to $86 Due to Middle East Tensions

Nigeria’s oil futures, Brass River and Qua Iboe, saw gains on Monday amidst escalating tensions in the Middle East following…

9 months ago

Arthur Irving, the Canadian oil magnate who expanded his family’s business and became one of the country’s wealthiest individuals, passes away at the age of 93

Arthur L. Irving, the chairman of Irving Oil and one of Canada's wealthiest individuals, has passed away at the age…

9 months ago

Brent crude reaches $84.24/bbl as oil prices surge due to robust China growth and Middle East tensions

Oil prices surged on Friday, driven by positive economic indicators from China and ongoing tensions between Israel and Hamas. Brent…

9 months ago

Fit Foodie Finds’ Orange Olive Oil Cake

The aroma of fresh oranges fills the air as you take a bite of this delectable Orange Olive Oil Cake.…

9 months ago

The Reason Top Chefs Can’t Get Enough of This Algae Oil

Algae Oil: The New Cooking Oil Contender In the world of cooking oils, olive oil has long reigned supreme. Its…

9 months ago

China’s Suspicious Frying Oil is Damaging US Biofuels Industry

China Floods US with Potentially Tainted Cooking Oil, Threatening Biofuel Industry and Biden's Climate Goals In a concerning development for…

9 months ago

Middle East Conflict Escalation May Lead to Increase in Oil Prices

The Israel-Hamas conflict has been a source of tension for years, but the recent analysis by Bloomberg Intelligence (BI) and…

9 months ago

Sunflower Oil Refiners Expected to See 8-10% Decrease in Volume, But Operating Margin Forecasted to Improve in FY25

Indian refined sunflower oil refiners are bracing for a challenging year ahead as volumes are projected to witness a decline…

9 months ago