September 23, 2021
When ExxonMobil sells off Alaska oil, the US economy suffers
The US oil and gas industry will probably see a $50 billion cut to its budget next year, as it cuts $8 billion from its $30 billion budget for the first time since the end of the Cold War, the latest sign that the industry is taking on a major restructuring.The cut to $40 billion […]
July 28, 2021
Brent Oil Price Has Hit $100 per Barrel, Mining CEO Says
Brent crude oil is set to reach a new record low of $98.10 per barrel on Monday, the highest price on record. The benchmark contract is also set to close below $100 for the first time in almost three years. That means the price will remain near record lows for a few more months.Brent crude oil, the […]
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