CHART OF THE DAY: US crude oil production jumps to record high of 13.3 million barrels per day

US oil production soared to a record 13.3 million barrels a day last week. The surge in oil production comes amid heightened tensions in the Middle East. A steady rise in US oil production has ... Read More

Oil jumps nearly 4% as Omicron impact seen as short-lived

Brent crude gained US$2.85, or 3.5%, to $83.72 a barrel, its highest settlement since early November. The global benchmark dropped 1% on Monday. Read More

Oil jumps more than 3% on Middle East worries

HONG KONG, China — Oil prices surged more than three percent in early Asian trade on Friday following unconfirmed reports of explosions in Iran, Syria, and Iraq, sparking fears of an escalation ... Read More

Oil jumps 8%, with $150 a barrel forecast

Oil jumped more than 8% to a record $139 a barrel yesterday, extending a two-day rally to more than $16 as the slumping US currency and rising tensions between Israel and Iran attracted a flood of ... Read More

Oil briefly jumps 3% after Israel launches drones, missile strikes at Iran

Oil prices fluctuated on Friday, briefly spiking as much as 3% after Israel hit back at Iran in a retaliatory strike, further heightening tensions in the Middle East. Brent crude prices briefly ... Read More

US oil output in top shale regions to hit six-month high in June, EIA says

U.S. oil output from top shale-producing regions will rise in June to its highest in six months, the U.S. Energy Information Administration (EIA) said in its monthly Drilling Productivity Report on ... Read More

Oil up after US economic data strengthens rate cut expectations

Brent oil futures held steady on Thursday, bolstered by signs of stronger demand in the U.S. after slower than expected inflation in April and lower oil stocks in the past week. Read More

Oil jumps 2 pct despite glut, hits 2016 peaks on weak dollar

NEW YORK: Oil markets jumped 2 percent on Thursday, hitting 2016 highs for a third straight day as a weaker dollar had investors shrugging off record high U.S. crude inventories and relentless ... Read More

Big Oil Industry's Profit Percent Average

While big oil companies certainly show consistent profits, their actual profit margin is fairly low compared to most other industries. In 2011, when Big Oil's profit margin was 6.7 percent, the ... Read More

Denver Oil & gas News

Edgemark Communities has acquired an 844-unit Project Based Section 8 portfolio. The portfolio consists… Small businesses are the foundation of our economy, facing unprecedented challenges. Read More

Mortgage rates see biggest one-day jump since last year - What it means for homebuyers

TheStreet's J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Monday, February 5. J.D. DURKIN: I'm J.D. Durkin, reporting ... Read More

Apple shares see biggest single-day jump since November 2022

Apple's stock soared on positive sales despite challenges. New iPads, AI strategy planned amid China sales decline. Record $110B stock buyback announced. Focus on Indonesia growth, mixed-reality ... Read More