SHREVEPORT, La. (KTAL/KMSS) — Dozens of SWEPCO mutual-aid crew members are in Florida ahead of Hurricane Milton, which reached Category 5 strength as it churns through the Gulf of Mexico.

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

The price of oil has hit a six-week high amid fears over the escalating conflict in the Middle East. The market value of the benchmark Brent crude increased to almost $80 (£61) a barrel on Monday ...

NEW YORK, Oct 4 (Reuters) - Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were ...

This issue is preventing our website from loading properly. Please review the following troubleshooting tips or contact us at [email protected]. Your guide to the most important world stories of ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Libya said it would resume full oil production from Thursday in a move that should return about 700,000 ...

The president was asked about a potential strike on the oil infrastructure of Iran, which accounts for about 2 percent of the world’s supply. By Jason Karaian and Stanley Reed Oil prices jumped ...

The U.S. has transformed global markets by growing into the world’s largest crude oil producer. Here’s why one Texas port—Corpus Christi—is key to the nation’s status as an energy export ...

Oil prices could rise above $80 a barrel within days, analysts have warned, amid reports that Israel will attack Iran within days and could strike oil facilities or even nuclear sites. The Israeli ...

1545 GMT – Oil price gains eased in late afternoon trade in Europe after a meeting of top OPEC+ ministers kept policy unchanged—including a plan to start raising output in December—bringing ...