CALGARY, Alberta, July 31- Imperial Oil Ltd reported a tripling of profit on Thursday and said production at its Kearl oil sands project was approaching its 110,000 barrel per day capacity as it continued to tweak operations at Canada's newest oil sands mine.» Read More
Gas prices are rising because demand is rising in the developing world, which is a more consistent and growing pressure than fluctuating tensions in the Middle East, the Christian Science Monitor reports.
As oil hit nine-month highs Thursday, “Fast Money” pro Tim Seymour took a longer view on the effects that would have in the consumer space.
President Obama is focusing on Americans' anxiety over rising gasoline prices, taking credit for rising oil and gas production.
John Hofmeister, former Shell Oil USA operations president and founder and CEO of Citizens for Affordable Energy, recently talked with NetNet’s C-Suite about what factors he is looking at when formulating his oil outlook
The best energy bet for the United States amid rising crude prices might lay in natural gas, billionaire oilman T. Boone Pickens said Wednesday.
Any decision by Iran to cut oil exports to the European Union will affect the price of oil and hurt the region's economy, OPEC Secretary General Abdalla Salem El-Badri told CNBC on Monday.
As oil prices rose for the fourth day in a row to $99 a barrel Thursday, “Fast Money” pros said integrated companies were the way to play the market.
By some estimates, shale gas reserves in China could be bigger than those in the U.S. and Royal Dutch Shell hopes to be a major player in the market.
Oil may be back near $100, but independent oil trader Dan Dicker warned Thursday that gains may be short lived.
Goldman Sachs noted yesterday (Wednesday) that the energy sector has been outperforming in the last week, and the investment bank is looking for that trend to continue.
United Continental Holdings took off with upside option activity, as an early pullback in the price of oil gave airline stocks a lift.
Rising gasoline prices, coupled with the steepest increase in food prices in a generation is threatening to push the US economy into a recession, according to Craig Johnson, president of Customer Growth Partners.
These three stocks are in the best position to benefit from increased oil prices, the "Mad Money" host said.