Viper Energy saw a small rise in stock value after an investment firm raised its rating. Jefferies now suggests buying shares, pushing the price target from $43 to $55. The move comes as oil prices stay high, and experts believe the company is in a strong spot to profit. But why does this matter now
Tinley Park has drafted a new budget that shows a small surplus for next year. The plan expects about $2. 18 million more in money than it spends by the end of fiscal 2027. The village will spend roughly $82 million next year, up from last year, while revenue is projected to reach about $84 milli
Oil firms have long known that burning their fuels can harm the planet. Yet they hid proof and misled people for decades, blocking clean energy progress. Scientists and activists sued these companies to recover money for damages caused by climate disasters that were worsened by the fuels. The
The global stock market reacted sharply after President Donald Trump announced a potential blockade of the Strait of Hormuz, heightening fears that oil supplies could be cut off. Brent crude climbed 7. 3 percent, reaching just above $102 a barrel, as traders worried about the impact on energy flo
Peru’s next president will be chosen on Sunday, but voters are heading to the polls with little enthusiasm. Thirty-plus candidates are running, none close to the 50% needed to win outright, so a runoff on June 7 seems almost certain. Behind the crowded field lies years of political chaos—eight presi
Saudi Arabia has bounced back from recent disruptions to its oil operations, confirming that its massive East-West pipeline is now running at full speed again. The line, which typically carries around seven million barrels each day, had faced temporary slowdowns after unexpected strikes. The country
A Venezuelan oil executive once trusted the system—until it turned against him. In 2017, Gustavo Cárdenas (name changed for clarity) landed a top job at Citgo, the U. S. arm of Venezuela’s state oil company. Just months later, he was arrested in Caracas, thrown into a military prison, and convicted
Reports say a fleet of massive oil tankers—some of the biggest in the world—are sailing toward America, but they’re traveling empty. President Trump suggested this is a smart move, claiming these ships are on their way to collect the country’s top-tier oil and gas. He even argued that the U. S. now
A group of about 65 people who call themselves “leading UK scientists” sent a letter asking the government to stop drilling for oil and gas in the North Sea. They say that the seas are almost empty, that more drilling would hurt people’s lives and that renewables already exist. The letter was
Florida’s gas and diesel prices have been playing a game of tag with global events lately, and the Sunshine State isn’t winning. For weeks, drivers paid way more than the rest of the country—sometimes 15 cents extra per gallon for gas and 35 cents for diesel—because Iran’s actions near the Strait of
