CLIFFORD KRAUSS
Posts
Oil Giants, After Surge in Profits, Are Wary About Spending
Economic and military uncertainty clouds the outlook for Exxon, Chevron and other energy companies, whose bonanza from high prices is already fading.
China’s Oil and Gas Use Fell in 2022 for First Time in Decades
Pandemic lockdowns curbed Chinese energy demand, but the International Energy Agency expects a rebound this year.
Qatar Extends Its Natural Gas Dominance at Russia’s Expense
As its influence grows, the country is poised to become a big energy supplier to Europe, which has turned away from Russia after its invasion...
Price of Diesel, Which Powers the Economy, Is Still Climbing
Russia’s invasion of Ukraine is one reason that the fuel is scarce. Another is a series of yearslong, intertwined events that cover the globe.
Exxon and Chevron Rack Up Giant Profits
Exxon Mobil and Chevron reported another round of strong profits. But they face political fire over gasoline prices, even as they fear a new downturn.
Exxon and Chevron Rack Up Giant Profits
A fourth straight quarter of robust results came on the back of high oil and natural gas prices.
Saudi Arabia and Russia May Find Their Oil Pricing Power Limited
Reduced global demand may offset any supply cut by OPEC and its allies.
Even as Oil Prices Ease, U.S. Keeps Tapping Strategic Reserve
The administration’s move has brought down gasoline prices. Some experts say continued withdrawals could test the nation’s energy security.
An Israel-Lebanon Border Deal Could Increase Natural Gas Supplies
Offshore gas fields in the Mediterranean could become one of several new energy sources for European countries as they seek independence from Russia.
Oil Prices Tumble to Their Lowest Level Since January
The U.S. benchmark oil price fell below $80 a barrel for the first time since the start of the year.
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