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[ad_1] CNN — Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. The purpose of OPEC is to “coordinate and...
[ad_1] CNN — Here’s a look at oil spill disasters. Spill estimates vary by source. 1. January 1991 – During the Gulf War, Iraqi forces intentionally...
[ad_1] London CNN — The International Monetary Fund (IMF) sees better odds that central banks will manage to tame inflation without tipping the global economy into...
[ad_1] New York CNN — Stocks tumbled Tuesday after a slew of economic data stoked fears about the US economy’s cloudy outlook and further interest rate...
[ad_1] Washington, DC CNN — US retail sales picked in August, boosted by higher gas prices, as spending on other items grew modestly. Retail sales, which...
[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen...
[ad_1] Editor’s Note: A version of this story appears in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Sign...
[ad_1] New York CNN — US oil prices dropped below $70 a barrel Tuesday on concerns about whether the debt ceiling deal will make it through...
[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen...
[ad_1] Hong Kong/Atlanta CNN — Oil prices spiked during Asian trade Monday after OPEC+ producers said they would cut production in a surprise move. Brent crude,...
[ad_1] London CNN — When Russia launched its full-scale invasion of Ukraine one year ago, Western countries hit back with unprecedented sanctions to punish Moscow and...
[ad_1] London CNN — Russia will cut crude oil production by half a million barrels per day starting in March, a little over two months after...
[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen...
[ad_1] Hong Kong CNN — BP’s annual profit more than doubled last year to nearly $28 billion, extending a record run of earnings for the world’s...
[ad_1] Hong Kong/London CNN — Shell made a record profit of almost $40 billion in 2022, more than double what it raked in the previous year...
[ad_1] CNN — The Interior Department’s Bureau of Land Management on Wednesday advanced the controversial Willow oil drilling project on Alaska’s North Slope, releasing the final...
[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen...
[ad_1] New York CNN — Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. Adjusted earnings for the year more than...
[ad_1] New York CNN — US drivers have never seen a year quite like 2022. Wild price swings at the gas pump throughout the year make...
[ad_1] New York CNN — The Biden administration announced plans Friday to provide nearly 2 million barrels of oil to refineries through an emergency exchange and...