Oil and gas industry

In this Aug. 6, 2019, photo, tugboats manuever a container ship at a port in Qingdao in eastern China's Shandong province. Chinese imports of American goods plunged in July as a tariff war with Washington intensified. (Chinatopix via AP)
August 09, 2019 - 7:48 am
PARIS (AP) — The trade war between the United States and China and a broader decline in world economic growth are weakening the demand for oil and pushing prices down, the International Energy Agency said Friday. The Paris-based agency, which advises many developed countries on energy policies, cut...
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U.S. National security adviser John Bolton, right, speaks with U.S. Commerce Secretary Wilbur Ross during a conference of more than 50 nations that largely support Venezuelan opposition leader Juan Guaido in Lima, Peru, Tuesday, Aug. 6, 2019. The Trump administration froze all Venezuelan government assets in a dramatic escalation of tensions with Nicolas Maduro that places his socialist administration alongside a short list of adversaries from Cuba, North Korea, Syria and Iran that have been targeted by such aggressive U.S. actions. (AP Photo/Martin Mejia)
August 06, 2019 - 5:39 pm
CARACAS, Venezuela (AP) — U.S. National Security Adviser John Bolton pressed his case Tuesday for sweeping action against Venezuela's President Nicolás Maduro, warning foreign governments and companies that they could face retaliation in the U.S. if they continue to do business with his socialist...
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Vice President Mike Pence follows President Donald Trump as he walks off after speaking about the mass shootings in El Paso, Texas and Dayton, Ohio, in the Diplomatic Reception Room of the White House, Monday, Aug. 5, 2019, in Washington. (AP Photo/Evan Vucci)
August 06, 2019 - 12:23 am
WASHINGTON (AP) — The Trump administration froze all Venezuelan government assets Monday in a dramatic escalation of tensions with Nicolás Maduro that places his socialist administration alongside a short list of adversaries from Cuba, North Korea, Syria and Iran that have been targeted by such...
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FILE - In this Nov. 9, 2013, file photo, Iranian Foreign Minister Mohammad Javad Zari, center, leaves following a meeting with EU foreign ministers at the Iran Nuclear talks in Geneva, Switzerland. The U.S. government is placing financial sanctions on Iran’s foreign minister Mohammad Javad Zarif, as part of its escalating pressure campaign against that country. The highly unusual action, sanctioning the top diplomat of another nation, comes a month after President Donald Trump signed an executive order placing sanctions on Iran’s Supreme Leader Ayatollah Ali Khamenei. (Jason Reed/Poo Photo via APl, File)
August 05, 2019 - 1:10 pm
TEHRAN, Iran (AP) — Britain said Monday that it would join a U.S.-led naval security mission in the Strait of Hormuz, where Iran's seizure of merchant vessels has raised tensions with the West. Earlier, Iran's foreign minister lambasted recent U.S. financial sanctions against him, calling the move...
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In this Tuesday, July 31, 2019, photo the the 2020 Shelby GT500 is displayed during a Ford press conference in the Detroit suburb of Clawson, Mich. The Mustang will be the most powerful street-legal Ford Mustang ever built and will go on sale this fall. (AP Photo/Tom Krisher)
August 05, 2019 - 8:24 am
DETROIT (AP) — The most powerful street-legal Ford Mustang ever built will go on sale this fall. A 5.2-liter supercharged V8 will crank out 760 horsepower in the 2020 Shelby GT500. The new version has a beefed-up suspension and brakes. It also has a seven-speed automatic transmission that Ford...
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In this photo released by the official website of the office of the Iranian Presidency, President Hassan Rouhani speaks in the inauguration ceremony of a power plant in northwestern Iran, Thursday, Aug. 1, 2019. Rouhani said U.S. financial sanctions on Iran's foreign minister are "childish" and a barrier to diplomacy. (Iranian Presidency Office via AP)
August 04, 2019 - 11:52 am
TEHRAN, Iran (AP) — Iranian forces seized a ship in the Persian Gulf suspected of carrying smuggled fuel, state media reported Sunday, marking the Revolutionary Guard's third seizure of a vessel in recent weeks and the latest show of strength by the paramilitary force amid a spike in regional...
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FILE - In this June 26, 2019, file photo a Mobil gas pump displays the various types of fuel and their prices at this Flowood, Miss., station. Exxon Mobil Corp. reports financial results Friday, Aug. 2. (AP Photo/Rogelio V. Solis, File)
August 02, 2019 - 1:16 pm
NEW YORK (AP) — Exxon Mobil brought in $69 billion in revenue in the second quarter, down from last year's $73.5 billion. Some of the benefits of rising crude prices, up 22% this year, were offset by natural gas prices, which have fallen almost 24% over the same time frame. The nation's largest oil...
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FILE - In this June 19, 2019, file photo cargo containers are stacked on a ship at the Port of Los Angeles in Los Angeles. On Friday, Aug. 2, the Commerce Department reports on the U.S. trade gap for June.(AP Photo/Marcio Jose Sanchez, File)
August 02, 2019 - 11:24 am
WASHINGTON (AP) — The U.S. trade deficit shrunk slightly in June, as did the politically sensitive trade deficit with China, the principal target of President Donald Trump's tariffs. The gap between the goods and services the U.S. buys and what it sells abroad fell 0.3% to $55.2 billion in June...
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In this Thursday, Aug. 1, 2019 photo provided by Naomi Hayes, a fire burns after an explosion near Junction City, Ky. A regional gas pipeline ruptured early Thursday in Kentucky, causing a massive explosion that killed one person, hospitalized five others, destroyed railroad tracks and forced the evacuation of a nearby mobile home park, authorities said. (Naomi Hayes via AP)
August 01, 2019 - 6:30 pm
JUNCTION CITY, Ky. (AP) — A regional gas pipeline ruptured early Thursday in Kentucky, causing a massive explosion that killed one person, hospitalized five others, destroyed railroad tracks and forced the evacuation of a nearby mobile home park, authorities said. Some homes were consumed by the...
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FILE - In this July 22, 2019, file photo traders James Riley, left, and Mark Muller work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 1. (AP Photo/Richard Drew, File)
August 01, 2019 - 2:40 pm
Stocks dropped sharply Thursday and bond prices spiked after President Donald Trump announced the U.S. will slap a new 10% tariff on some $300 billion worth of goods from China beginning next month. The news erased a broad rally on Wall Street, sending the Dow Jones Industrial Average from a gain...
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