Texas exports, boosted by oil, rise 3 times faster than the US increase, outshining California
Texas represented nearly 20% of all U.S. exports in the January-February period while California dipped to 11%. Source: CNBC RSS...
Texas represented nearly 20% of all U.S. exports in the January-February period while California dipped to 11%. Source: CNBC RSS...
The Druzhba pipeline can ship up to 1 million barrels per day (bpd), according to data sourced by Reuters — approximately 1% of global demand. Source: CNBC RSS...
Oil prices dipped on Thursday as record U.S. output and rising crude stockpiles dampened the impact on markets of tighter U.S. sanctions on Iran and producer club OPEC's continued curbs on supply. Source: CNBC RSS...
Executives braced investors for another loss in the second quarter before returning to profitability in the second half of the year. Source: CNBC RSS...
Ford's investment in electric truck maker Rivian was possible after the start-up's talks with GM broke down about eight weeks ago. Source: CNBC RSS...
Jordan Bloom, The Houston Chronicle senior energy reporter, joins 'The Exchange' to discuss Occidental's formal bid for Anadarko and how it could impact the energy sector. Source: CNBC RSS...
Jeff Kilburg of KKM Financial and Jim Iuorio of TJM Institutional join CNBC's Seema Mody to discuss crude prices rising and if the rally could cool off on CNBC's "Futures Now." Source: CNBC RSS...
Most analysts see Chevron ultimately winning the fight for Anadarko, but several say the oil major will have to pay up for the prize. Source: CNBC RSS...
The energy sector in the Middle East and North Africa looks set for almost $1 trillion in investment over the next five years. Source: CNBC RSS...
Oil prices fell on Wednesday amid signs that global markets remain adequately supplied despite a jump to 2019 highs this week on Washington's push for tighter sanctions against Iran. Source: CNBC RSS...