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New Mexico’s oil income investments now surpass personal income tax revenue

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SANTA FE, N.M. (AP) — Efforts by New Mexico to save and invest portions of a financial windfall from local...
Bussiness

New Mexico’s oil income investments now surpass personal income tax revenue

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SANTA FE, N.M. (AP) — Efforts by New Mexico to save and invest portions of a financial windfall from local...
Bussiness

OPEC’s market power is ‘less than you would imagine’ and the US doesn’t need to get fussed over the cartel, State Dept. official says

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Obituaries for OPEC have been prematurely written before, but the emergence of new producers outside of the oil cartel and...
Sports

OPEC+ oil alliance faces stagnant prices for crude while US drivers enjoy cheaper gasoline

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FRANKFURT, Germany (AP) — Members of the OPEC + alliance of oil exporting countries will decide Thursday whether to put...
Bussiness

Oil Holds Decline as Traders Turn Focus to OPEC+ Supply Meeting

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(Bloomberg) -- Oil steadied after a decline, with traders looking ahead to an OPEC+ meeting on Thursday that’s expected to...
Bussiness

Alaska political leaders hope to see Trump undo restrictions on oil drilling

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JUNEAU, Alaska (AP) — President-elect Donald Trump promised repeatedly during his campaign to expand oil drilling in the U.S., which...
Bussiness

Azerbaijan is the host of the UN’s climate conference, shining a spotlight on the petrostate

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The spotlight is on Azerbaijan as the small petrostate in the South Caucasus hosts the U.N.’s biggest climate conference. Diplomats...
Bussiness

Azerbaijan is the host of the UN’s climate conference, shining a spotlight on the petrostate

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The spotlight is on Azerbaijan as the small petrostate in the South Caucasus hosts the U.N.’s biggest climate conference. Diplomats...
Bussiness

Oil Climbs After Election Jolt as Traders Weigh Trump’s Impact

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(Bloomberg) -- Oil ticked higher after a roller-coaster session on Wednesday as traders weighed the likely impact of Donald Trump’s...
World

Three years of roaring oil prices could be coming to an end

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Ever since Russia invaded Ukraine in February 2022 and oil prices soared around the globe, the oil industry has enjoyed three highly lucrative years...
Bussiness

Oil edges down ahead of US election, China NPC meeting

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By Florence Tan SINGAPORE (Reuters) - Oil prices eased slightly on Tuesday as markets braced for uncertainties from the U.S....
Bussiness

US lawmakers question oil service company’s SLB’s exception to Russian sanctions

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By Timothy GardnerWASHINGTON (Reuters) - Dozens of U.S. Representatives from both political parties urged the Biden administration to toughen sanctions on Russian oil shipments...
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