Crude oil prices fell for much of Wednesday morning even as major oil companies rallied. Brent crude recovered midday and was trading close to flat, while a basket of U.S. oil and gas exploration ...

Ever since Russia invaded Ukraine in February 2022 and oil prices soared around the globe, the oil industry has enjoyed three highly lucrative years with historic profits. The sector is still ...

OPEC remains very positive on demand for oil in both the short and long term, Secretary General Haitham Al Ghais said on Monday. French oil major TotalEnergies forecast global oil demand will peak ...

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Palm oil rallied for a third day to its highest level in more than two years on strong demand amid concerns over tightening supply. Shipments in October from palm oil’s second largest producer ...

Starbucks getting rid of one of its most controversial drinks. The coffee giant confirmed to TODAY.com that it will be removing its line of Oleato beverages from U.S. stores in early November.

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NEW YORK, Nov 1 (Reuters) - Oil prices edged up on Friday on reports Iran was preparing a retaliatory strike on Israel from Iraq in coming days, but record U.S. output weighed on prices.

The coffee chain is dropping olive oil-infused options from its menu in early November. After first offering Oleato drinks in Italy in February 2023, Starbucks added them to U.S. stores in January ...

What is the price of crude oil today? WTI futures traded at $68.17 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 7.18%. Brent futures traded at $71.87/bbl, an increase of 0.35% ...

Occidental Petroleum currently makes most of its money from oil and gas production, especially after acquiring CrownRock. It expects to add over $1 billion of incremental annual free cash flow ...