The current oil price is too compressed, creating a large bias for Chevron’s profits in upward direction. Click here to read ...

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since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result, the price of oil has a strong influence on international economic development ...

Oil prices edged up in volatile trade on Monday but closed at a one-month low on the expiration of a higher-priced contract, ...

Yet the blame for the price surge is quickly shifting toward gas companies and their profits. Several of the world's largest oil companies reported first-quarter earnings in recent weeks ...

A bar chart showing the number of acres and count of leases for oil leases in the Gulf of Mexico ... contributes to higher ...