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Shell is reportedly in initial discussions to acquire rival BP in a deal that could become the largest oil merger in decades. BP shares surged nearly 7% amid speculation, while Shell denies active ...

Crude oil prices closed about 7% lower on Monday, according to CNBC. The nationwide average for a gallon of regular gas was about $3.22 as of Tuesday, according to AAA.

However, he noted that due to a shortage of domestic crude oil, the refinery has increasingly relied on imports from the United States to meet its needs in recent months.

U.S. stocks climbed Monday and oil prices dropped after The Wall Street Journal reported Iran is urgently signaling it wants to end hostilities with Israel. The S&P 500 advanced 0.9% and U.S ...

State transportation officials have shut down the 400-mile road to Alaska’s oil fields due to “a significant flooding event,” washouts and erosion across a broad stretch between mileposts ...

The Dow, S&P 500, and Nasdaq rose on Monday and oil prices fell as investors weigh the effects of fighting between Israel and Iran.

Global crude oil prices are rising. This may impact the profits of several companies. Sectors like refining, paints, and aviation could face challenges. Oil producers and electric vehicle companies ...