Oil

OPEC currently calls for reducing output by 7.7 million barrels per day

China is on the hunt for US crude and a lot of it.

The Department of the Interior on Monday approved an oil and gas leasing program within Alaska's Arctic National Wildlife Refuge, the sprawling home to polar bears, caribou and other wildlife.

The EPA is preparing to adopt new rules that would rescind regulations for methane-gas emissions.

The average price of regular gasoline held fast at $2.25 per gallon over the past two weeks

An estimated 1 ton of oil from the Japanese ship's cargo of 4 tons has already escaped into the sea, officials said. Workers were seeking to stop more oil from leaking, but with high winds and rough seas on Sunday there were reports of new cracks to the ship's hull.

All major oil companies have taken a hit in the second quarter as lockdowns to contain the coronavirus limited travel.

Four more former Audi managers have been indicted on allegations of cheating on emission tests for diesel engines.

BP announced a $16.8 billion pre-tax loss and cut its dividend in half.

Former Democratic presidential candidate and former New York City Mayor Mike Bloomberg floated hiring oil and gas workers who have been laid off due to the coronavirus pandemic to help “clean up abandoned wells.”

Marathon Petroleum has agreed to sell its Speedway gas stations in the United States to Japanese retail group Seven & i Holdings for $21 billion, the companies said, five months after the deal was put on hold amid the coronavirus outbreak.

Apple, the maker of iPhones, has toppled the world's biggest company in value, despite the coronavirus pandemic.