oil

Shell boosted its dividend for the second consecutive quarter and announced the launch of a $2 billion share buyback program.

The fatal floods in Germany in recent weeks have put the impacts of climate change firmly in the spotlight again.

Oil and gas majors are likely to report bumper second-quarter earnings in the coming days, energy analysts have told CNBC.

Iran on Thursday opened its first oil terminal in the Gulf of Oman, a move aimed at making Tehran less dependent on the Strait of Hormuz.

China is in the process of kicking out all its bitcoin miners, and many of them could be headed to Texas.

Crude oil held below $70, a key psychological level, on Tuesday. The volatility is just a “hiccup,” says Boris Schlossberg of BK Asset Management.

The drop was a rude awakening for oil bulls who’d been enjoying the commodities’ highest prices in 2½ years.

Climate researchers, campaigners and environmental advocacy groups argue that carbon capture technology is not a solution to the world’s’ climate challenge.

Coordinated increases in oil supply from OPEC+ will begin in August, the group announced Sunday.

OPEC and allied nations have agreed to eventually raise the production limits imposed on five countries, ending an earlier dispute sparked by the United Arab Emirates that roiled global energy prices.

The temporary but unprecedented gridlock saw the UAE reject a coordinated oil production plan for the group spearheaded by its kingpin, Saudi Arabia.

The International Energy Agency on Tuesday warned oil markets are likely to remain volatile following a breakdown in talks between OPEC and non-OPEC allies.

BP said the coronavirus crisis last year resulted in primary energy and carbon emissions falling at their fastest rates since World War II.

Disagreement within OPEC could trigger a more a volatile period for oil prices, with changes in supply creating swings higher or sudden declines.

The strength of the U.S. dollar could continue to pressure value-related trades such as energy in the near term, Oppenheimer’s Ari Wald warns.

OPEC has been plunged into crisis, with bitter infighting between Saudi Arabia and the UAE raising questions about the future of the energy alliance.

A meeting between oil producer group OPEC and its partners has been called off.

The reopening of the U.S. economy has set high expectations for a continued recovery in the oil market, said energy analyst Vandana Hari.

The unexpected rescheduling of the oil producers’ meeting comes after the UAE reportedly objected to a plan for an easing of supply cuts.

Analysts at Bank of America argue Brent crude futures could hit $100 in the summer of next year.