An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

The price of oil has hit a six-week high amid fears over the escalating conflict in the Middle East. The market value of the benchmark Brent crude increased to almost $80 (£61) a barrel on Monday ...

Legend for this map (and click here for a Google map with these and additional spooky spots.) One of New Hampshire’s famous hauntings. In 1720, notorious pirate captain Don Pedro captured the ship ...

The rule at issue in this case was finalized in December and takes direct aim at the oil and gas industry, which the EPA said is the "largest industrial source of methane pollution" in the country.

For more audio journalism and storytelling, download New York Times Audio, a new iOS app available for news subscribers. Hosted by Tracy Mumford Featuring Megan Twohey and Kate Lanphear Produced ...

China has strategic reserves and alternatives like electric cars, should oil imports ever be interrupted. By Keith Bradsher Reporting from Beijing Iran’s oil infrastructure has been pushed to ...

Copyright 2024 The Associated Press. All Rights Reserved. Police and firefighters in New Hampshire responded to an unusual call — a moose trapped in a backyard ...

This issue is preventing our website from loading properly. Please review the following troubleshooting tips or contact us at [email protected]. Your guide to the most important world stories of ...

The Middle East is in chaos, and the oil market is remarkably calm about it. Oil prices have climbed, but not dramatically so, even as the world braces for an all-out war in the most critical ...

Iraq is preparing to offer new oil and gas concession sites to international companies through two upcoming licensing rounds aimed at expanding the country’s already vast hydrocarbon reserves. Rounds ...