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  2. United States energy independence - Wikipedia

    en.wikipedia.org/wiki/United_States_energy...

    First, the world's major oil exporters are highly dependent on their oil revenues, and fear rapid drops in the price of oil, such as occurred in late 2008 and in 2014/2015. Second, this fear restrains destructive actions by exporters: Howard cites the example of Russia's 2008 invasion of Georgia. Russia's stock market plunged, and "within a ...

  3. My 2 Top Oil Stocks to Buy in 2025 - AOL

    www.aol.com/finance/2-top-oil-stocks-buy...

    Brent oil, the global benchmark price, slipped 3%, closing the year at around $77 a barrel. Meanwhile, WTI, the U.S. oil price benchmark, ended the year right where it began at roughly $71 per barrel.

  4. Biden and the oil industry are talking past each other - AOL

    www.aol.com/finance/biden-oil-industry-talking...

    Many Americans think that U.S. “energy independence” means the United States doesn’t depend at all on foreign oil, ... 2022, gas prices rose from $2.45 a gallon to about $3.60 a gallon ...

  5. The Best Energy Stocks to Invest $500 in Right Now - AOL

    www.aol.com/best-energy-stocks-invest-500...

    Our analyst team just revealed what they believe are the 10 best stocks to buy right now. See the 10 stocks » The price swings can be swift and dramatic at times. Investors need to come to grips ...

  6. 2020–2022 world oil market chronology - Wikipedia

    en.wikipedia.org/wiki/2020–2022_world_oil...

    Low demand for oil in the U.S., lower U.S. unemployment, a strong U.S. dollar and losses in the stock market contributed to WTI falling nearly 4 percent on September 4 to $39.77, the first time below $40 since July. WTI ended the week down 7.5 percent after four up weeks, and Brent finished the week at $42.66, down nearly 7 percent.

  7. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...

  8. 3 Top Oil Stocks to Buy Before 2024 Is Over - AOL

    www.aol.com/finance/3-top-oil-stocks-buy...

    On top of that, the oil producer plans to ramp its annual share repurchase rate from $5 billion to $7 billion, with the aim of buying back over $20 billion in stock in the first three years ...

  9. Big Oil - Wikipedia

    en.wikipedia.org/wiki/Big_Oil

    The expression "Seven Sisters" was coined by the head of the Italian state oil company (), Enrico Mattei, [22] who sought membership for his company, but was rejected.The history of the supermajors traces back to the seven oil companies which formed the "Consortium for Iran" cartel and dominated the global petroleum industry from the mid-1940s to the 1970s.