Chevron Corp. and Exxon Mobil Corp. plan to boost their oil and gas production over the next five years, even as falling oil prices may leave investors scratching their heads at the companies’ moves.

Two years ago Colombia pledged to stop exploring for new oil, gas and coal. On the world stage, this was a big deal. Here's what's happened since.

SEOUL, Nov. 14 (UPI) -- South Korea's major refiners, including SK Innovation and S-Oil, got back on track during the third quarter this year after suffering a streak of losses in early in 2025.

John Hyland tracks Friday's top moving stocks and biggest market stories on Yahoo Finance Market Minute, including Walmart (WMT) CEO Doug McMillon retiring, and oil prices (CL=F, BZ=F) rising. Stay up to date on the latest market action,

The oil market is becoming increasingly unbalanced with global inventories continuing to climb and an even larger surplus expected this year, the International Energy Agency said.

Set in modern-day West Texas, Landman follows crisis executive Tommy Norris, played by Thornton, who is trying to secure land and manage his crew in an oil patch in the Permian Basin. Tommy works for Hamm's character, Monty Miller, an oil industry titan otherwise known as a wildcatter.

The IEA is the most bearish about demand in 2026, putting it at 104.7mn b/d. Opec is the most bullish, with a forecast of 106.5mn b/d. The EIA is between the two, at 105.2mn b/d.

In Asia, oil in floating storage soared by 20 million barrels over the past two months, to reach a total 53 million barrels, Reuters reported earlier this month, citing Kpler data. A lot of that oil came from the three sanctioned oil producers: Russia, Iran, and Venezuela.