The U.S. aims to fill gaps in global oil and gas demand from the Iran war, but big worldwide shortfalls mean big profits.

Oil prices are rising amid geopolitical concerns, but overreaching is a mistake in the volatile energy sector.

A multimillion-barrel oil glut weighed on results at industry giants Exxon Mobil (XOM) and Chevron (CVX) in 2025, with both companies reporting annual profit declines but talking up diversification ...

High oil prices stemming from the Iran War are benefiting the global energy giant, but volatility persists. Here's what ...

Higher gasoline prices act as a tax on consumers.

Exxon Mobil Corp. and Chevron Corp. surpassed profit expectations as higher oil production helped offset the blow from lower crude prices. Image by Yutthana Gaetgeaw via iStock (Update) January 30, ...

Chevron (CVX) -0.1% pre-market Friday after reporting Q4 adjusted earnings and revenues that fell from a year ago but came in above Wall Street expectations; shares closed the previous session at the ...

Fighting in the Middle East had limted the flow of oil and gas, bringing higher bills for consumers and windfalls for fossil fuel companies.

They’re stepping on the gas. A Chevron bigwig burned California’s energy policies last week as the state’s nation-leading gas prices soared well above $4 a gallon amid a wave of oil refinery shutdowns ...

Energy giant Chevron alerts California Gov. Gavin Newsom and regulators that proposed carbon cap amendments threaten national security and could destroy state refineries.

The war in Iran has once again exposed how vulnerable the world’s energy markets are to geopolitical disruption. In wild swings, benchmark crude oil prices spiked as high as US$120 per barrel, roughly ...