Oil falls as course of Gaza war remains uncertain, while cease-fire talks hang in the balance
Crude oil futures fell Tuesday as the course of the war in Gaza remains uncertain.
Spencer Kimball in asian news
Exxon CEO says dispute with Chevron over Hess Guyana oil assets could drag into 2025
Exxon CEO Darren Woods said Monday that the dispute with Chevron over Hess Corporation's oil assets in Guyana likely will not be resolved until 2025.
Chevron CEO says natural gas demand will outpace expectations on data center electricity needs
Natural gas demand will likely outpace expectations as electricity consumption surges from artificial intelligence and data centers, Chevron CEO Mike Wirth told CNBC on Monday.
AI could drive a natural gas boom as power companies face surging electricity demand
Natural gas producers are planning for a significant spike in demand over the next decade, as artificial intelligence drives a surge in electricity consumption that renewables may struggle to meet alone.
Chevron beats earnings estimates but profit falls on lower refining margins and natural gas prices
Chevron beat earnings expectations Friday, but its profit fell from the year-ago period as its refineries and international gas business faced headwinds.
Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns
The outbreak of a major conflict in the Middle East could trigger an energy shock that pushes oil prices above $100 a barrel, fuels inflation and results in higher interest rates for longer, the World Bank warned Thursday.
Oil prices fall slightly after Israel fends off large-scale aerial attack by Iran
U.S. crude oil futures were slightly lower Sunday as traders breathed a sigh of relief after Israel fended off a large-scale air assault by Iran and the U.S. emphasized it wants to avoid a wider war in the Middle East.
U.S. crude oil gains as Israel reportedly prepares for attack by Iran this weekend
Crude oil futures rose Friday on reports that Israel is preparing for a direct attack by Iran this weekend, in what would be the biggest escalation of Middle East tensions since the start of the Israel-Hamas war last October.