oil and petroleum industry

Rep. Jamie Raskin (D-Md.) has taken a stand against the petroleum industry’s "pattern of lying and evasion," accusing it of long-term deception regarding climate change. Raskin argues that this alleged deceit has significantly hindered the nation’s progress in tackling the climate...

It has been good being a shareholder of major oil firms like ConocoPhillips (NYSE: COP), Exxon Mobil (NYSE: XOM), Occidental Petroleum (NYSE: OXY) and many others. The bull market has lifted the equity prices higher, and oil's new role as a safe haven asset has made the companies even more...