oil producers

As global tensions in the Middle East highlight a volatility in the oil markets, an expert suggests the U.S. economy’s susceptibility to oil price shocks has significantly diminished compared to previous decades. What Happened: According to Bob Elliott, the CIO of Unlimited Funds, the shift...

During the pre-market trading session on Monday, Shell PLC (NYSE:SHELL) and Occidental Petroleum Corp (NYSE:OXY) climbed 1.75% and 1.41%, respectively, whereas Exxon Mobil Corp (NYSE:XOM) and Chevron Corp (NYSE:CVX) climbed 0.88% and 0.85%, each oil prices witnessed more than 3% surge on Monday....

The United States, the world's top oil producing nation since April 2014, was just overtaken by Saudi Arabia. The U.S. was the largest producer of crude and liquid hydrocarbons after the 2014 shale oil boom attracted many producers to the market. According to a Bloomberg report, Saudi...

Shares of Independence Contract Drilling Inc (NYSE: ICD), a provider of land-based contract drilling services for oil and natural gas producers, plunged nearly 20 percent early Thursday morning after the company priced an up-sized share offering. The company announced on Wednesday it plans on...