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Oil, crude

Reuters on MSN · 15m

Oil rises as draw in US crude stocks signals firm demand

Oil prices inched higher, extending gains from the previous day as a larger-than-expected draw in U.S. crude stocks signalled firm demand, while investors remained cautious about the Iran-Israel ceasefire and stability in the Middle East.

The Wall Street Journal on MSN · 10h

U.S. Crude Oil Stockpiles Fall More Than Expected

U.S. crude oil inventories posted a fifth straight weekly decline, falling by 5.8 million barrels, compared to expectations for a drop of only 1.3 million barrels.

The Washington Post · 1d

US stocks approach their all-time high as oil prices tumble

U.S. stocks climbed near their all-time high after oil prices eased further on hopes that Israel’s war with Iran will not damage the global flow of crude

BP, Shell and Big Oil

Chron on MSN · 4h

Report: Shell weighs early talks to acquire BP in landmark oil deal

A report suggesting multinational oil company Shell is in early talks to acquire fellow gas giant BP sent shockwaves through Houston's energy industry Tuesday-but Shell is firmly denying any such discussions are underway.

Fortune on MSN · 6h

Shell denies reports of BP megamerger of Big Oil rivals

Shell said “no talks are taking place” for a potential megamerger with rival BP that would cost more than $80 billion and represent the biggest energy deal of the century. The denial comes on the heels of the Wall Street Journal reporting June 25 that Shell is in early talks to acquire BP in a much-rumored deal.

CNN on MSN · 7h

Shell denies reports it is in talks to take over BP

Shell rebuffed a Wall Street Journal report that said the oil giant was in early talks to take over its rival company BP.

1don MSN

Why gasoline prices aren’t tumbling along with sinking oil

Oil futures tumbled again Tuesday on hopes that the shaky ceasefire between Israel and Iran would reduce if not eliminate the ...

6h

Could merger be in works between 2 giant oil, gas companies?

Shell is reportedly in initial discussions to acquire rival BP in a deal that could become the largest oil merger in decades.

2don MSN

Oil prices dive, stocks jump as markets seek reprieve from Middle East turmoil

The U.S. crude oil price benchmark, West Texas Intermediate, fell 8% to less than $68 a barrel, the lowest level since last ...

2don MSN

What does the widening military conflict in Iran mean for oil prices? Here's what the experts say.

Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.

2don MSN

Trump Tells ‘Everyone, Keep Oil Prices Down,’ In Unclear Directive

Iran could retaliate against the U.S. strikes on its nuclear facilities by shutting down the Strait of Hormuz, a move that ...

8h

Treasury Yields Rebound From Monthly Lows as Oil Stabilizes

Treasury yields edged higher from the lowest levels of the past month as oil prices rebounded, and investors braced for a $70 ...

9h

Trump Signals He Won’t Stand in Way of China Buying Iranian Oil

President Trump said he wouldn’t stop China from purchasing oil from Iran, signaling he might ease the U.S.’s “maximum ...

7h

Smart Tax Strategies For High Earners: Oil And Gas, Solar Investments And Qualified Opportunity Zones

These legitimate, government-supported strategies are designed to stimulate investment in key areas of the economy.

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