Tagged: oil industry
oil industry
Gas prices keep rising, but do big oil companies plan to drill more? Not so far
Camila Domonoske | May 7, 2026, 10:00 AM UTC
The war in Iran has pushed global oil prices higher, which boosts oil company revenues. But major U.S. oil companies aren't signaling plans to increase production to bring down prices at the pump.
oil industry
The United Arab Emirates is quitting OPEC oil cartel after nearly 60 yearsCamila Domonoske | Apr 28, 2026, 2:09 PM UTC
oil industry
Why high oil prices are good for oil companies — until they aren'tCamila Domonoske | Apr 9, 2026, 9:00 AM UTC