Alberta Premier Danielle Smith said the oil-producing region could look beyond the U.S. for customers if Trump's tariff ...

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).

Without it, excessive heat created by the parts rubbing together would severely damage the engine, in the worst case paralyzing the vehicle as spinning chunks of the engine break through the oil pan.

So, it looks like oil is trying to break out. If we can clear the $73 level on a daily close, I think it’s a very strong likelihood that short-term pullbacks will continue to bring in more buyers.

With this stability, oil prices are now positioned to challenge the 50% retracement level at $72.11. While initial resistance is expected, a decisive break above this level could trigger ...

Gas flares from an oil production platform at the Soroush oil fields in the Persian Gulf, south of the capital Tehran, July 25, 2005 Raheb Homavandi/Reuters The best single measure of the ...