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The Latest Breaking News from Petroleum

Warren Buffett's Favorite Energy Stock Saw Q1 Profit Fall 40% As Oil Prices Retreat

Occidental Petroleum reported earnings and revenue declines in the first quarter.

Investors Business Daily

Russia Exceeds U.N. Limits On Petroleum Shipments To North Korea

Russia's illicit petroleum shipments to North Korea prompt U.S. sanctions amid escalating tensions.

Top News

IBD Stock Of The Day: Shipper Of Liquefied Petroleum Gas Nears Breakout

Dorian LPG is IBD Stock Of The Day as the liquefied petroleum gas shipping company bumps up against a buy point and powers past the S&P 500.

Investors Business Daily

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Russia is violating UN limits on petroleum shipments to North Korea, the White House says

The White House says Russia is shipping refined petroleum to North Korea at levels that exceed U.N. Security Council limits

The Independent UK

What are the Most Bullish Factors for Crude Oil?

After declining in 2023, crude oil prices rallied in Q1 2024 and have edged even higher in the early days of Q2. Crude oil remains the energy commodity that powers the world, and the price prospects over the coming months will remain bullish as markets reflect the economic and geopolitical…

Barchart

Will a shift to electric save you money at the pump?

Patrick De Haan, Head of petroleum analysis at GasBuddy joined TheStreet to discuss how a transition to EVs could impact gas prices.

The Street

Biden administration restricts oil and gas leasing in Alaska's petroleum reserve

The administration said it will restrict new oil and gas leasing on 13 million acres in Alaska to help protect wildlife such as caribou and polar bears as the Arctic continues to warm.

WEKU

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Biden administration moves to restrict oil and gas leases on 13m acres in Alaska

Environmentalists celebrate new rules but Alaska politicians call it an ‘illegal’ attack on state’s livelihood and predict lawsuits

The Guardian - US

Biden Administration Restricts Oil Leasing In Alaskan Petroleum Reserve

Biden administration restricts oil and gas leasing in Alaska to protect wildlife and combat climate change, facing opposition from Republican lawmakers.

Top News

South Korea's March Inflation Rises 3.1%, Expected Slowdown

South Korea's consumer prices rose by 3.1% in March, driven by higher costs for agricultural and petroleum products. Experts predict a slowdown in inflatio...

Barchart

4 Undervalued Energy Stocks to Buy Now, According to Morgan Stanley

The top financial services firm has turned "Overweight" on the energy sector. Here are its 4 top picks.

StockNews.com

3 Energy Stocks to Elevate Your Investment Portfolio

Growing demand for oil and gas worldwide and integration of advanced technologies and data-driven solutions position the energy sector for long-term growth. Thus, investors could consider adding fundamentally strong energy stocks NewMarket (NEU), Oceaneering International (OII), and Superior Drilling Products (SDPI) to strengthen their portfolio. Read on.

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StockNews.com

3 Energy Leaders Surging in Market Performance

Amid increasing oil and gas demands, worsening geopolitical landscape, supply constraints, and surging oil prices, the energy sector is poised to witness stable growth in the near term. Against this backdrop, quality energy stocks Marathon Petroleum Corporation (MPC), DNOW Inc. (DNOW), and Matrix Service Company (MTRX) could be solid buys…

Barchart

Up 30% YTD, Is Valero Energy Stock Overvalued?

Ethanol producer and petroleum refiner VLO has outperformed the broader energy sector by a wide margin this year. Is Valero overpriced, or should investors still consider scooping up this dividend energy stock?

Crikey

Anthony Albanese and Christopher Luxon are no match for powerful offshore petroleum industry

Two vastly different governments on either side of the Tasman are taking divergent paths to unlock the treasure troves of offshore drilling.

The Hindu

With MCC in effect, petroleum dealers want system for daily large cash remittances

Petroleum dealers in Chennai request Election Commission to prevent seizure of cash during elections to avoid fuel shortages.

The Hindu

Petrol, diesel price cut by ₹2: Petroleum Minister

Petrol and diesel prices cut by ₹2 in New Delhi, boosting consumer spending and reducing operating costs.

The Street

Drivers worry about gas prices and the electric vehicle effect

GasBuddy's Patrick de Haan, the company's chief petroleum analyst, explains his thoughts in an exclusive interview with TheStreet.

The Street

As gas prices rise, here are some tips for saving money at the pump

Patrick De Haan, Head of Petroleum Analysis at GasBuddy joined TheStreet to discuss his top tips for saving money at the pump.

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