Russia’s oil prices fell for a fifth week, leaving the value of the nation's shipments close to a two-year low and largely negating the impact of a gain in crude sales. Total flows in the four weeks to May 11 were worth about $4.

Oil prices have risen significantly due to a breakthrough in US-China trade negotiations, including tariff reductions, which has eased concerns about trade tensions and boosted expectations for global economic growth.

Brazilian state-run oil company Petrobras said on Tuesday it will revise its five-year strategic plan due to lower crude prices, sending investors a message of austerity during its first-quarter earnings conference call.

1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 455.66 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.48 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.39 ...

Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist said.

But some lawmakers say they’re concerned about the impact of the hiring, travel and regulation freeze on the operations of state government. Rep. Will Stapp, R-Fairbanks, said he largely agreed with Dunleavy’s decision to impose the freezes, but he said he was wary of the consequences.

The price of oil in Wyoming has been pushed to a four-year low, caused by a response to President Donald Trump’s tariffs. A state economist also

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly since January. That's good for consumers, and bad for oil companies.

As Permian growth slows, Canada’s Montney Formation is emerging as North America’s top shale play. Montney’s key advantages include low breakeven costs, strong natural gas potential, and a slower exploitation pace.