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Energy

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US Crude Inventory Rises as Gasoline Stocks Dive
US crude oil inventories rose by 3.8 million barrels last week while gasoline and distillate stocks fell, the Energy Information Administration said Wednesday, signaling shifting demand patterns amid geopolitical tensions. The inventory build exceeded analyst expectations of...
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US Weighs Jones Act Waiver Amid Oil Price Surge
The Trump administration is considering a Jones Act waiver to allow foreign ships to transport oil between...
Oil Markets Surge: Trump's Stance Amid Gulf Tensions
President Trump said Wednesday he’s “not worried” about Iran-backed domestic terror attacks as oil prices jumped above $90 per barrel...
G7 Postpones Oil Reserve Action Amid Market Strain
Exxon Mobil Adjusts Middle East Operations Amid Risks
G7 Eyes Unified Oil Strategy Amid Energy Concerns
Energy Stocks Waver Amid Iran-U.S. Diplomacy Talks
Exxon's Debut Gulf to Australia Fuel Voyage
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Hormuz Blockade Risks Surge for Asian Markets
1 month ago
Iran closed the Strait of Hormuz on Monday, threatening 20% of global oil flows and sending Brent crude up 2.6% to $80 per barrel amid fears of supply disruptions. The closure...
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Dow Plummets Amid Iranian Oil Blockade
1 month ago
The Dow Jones Industrial Average plummeted 1,200 points Monday after Iran’s Revolutionary Guards closed the Strait of Hormuz, triggering oil price spikes and inflation fears. The...
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Venture Global Wins Court, Stocks Surge on Shell Case
1 month ago
Venture Global (VG.N) shares jumped more than 8% Tuesday after a New York court rejected Shell’s bid to overturn an arbitration ruling favoring the U.S. LNG developer 1. The...
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Petrobras Fuel Pricing Awaits Iran Tensions Outcome
1 month ago
Brazilian oil giant Petrobras (PETR3.SA) will monitor oil prices for a week before deciding on fuel adjustments as Iran conflict sends Brent crude up 6.7% to $781. The delay reflects...
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US Holds Firm on SPR Amid Iran Conflict & Oil Price Surge
1 month ago
The US is not currently discussing sales from the Strategic Petroleum Reserve despite escalating Middle East tensions that have pushed oil prices higher, a government source said...
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US to Tackle Oil Spike: Rubio's Assurance
1 month ago
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First Solar Posts Higher Q4 Profit Despite Missing EPS Estimates
1 month ago
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Iran Partially Closes Strait of Hormuz Oil Chokepoint as U.S. Nuclear Talks Begin
1 month ago
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