Browsing: Oil
Strategic oil inventories have researched a 40-year low, and experts warn their continued depletion could damage the underground caverns where…
President Donald Trump has repeatedly signaled he’s in no hurry to reach a deal with Iran as he pivots from…
The U.S. can’t fully reopen the Strait of Hormuz, and Iran can’t stop every ship from transporting oil through narrow…
Middle Eastern oil producers are pressing ahead with shuttling large volumes of crude out of the Persian Gulf, helping keep…
The U.S. and Iran remain deadlocked over reopening the Strait of Hormuz as each side tries to see how long…
At 6:35 a.m. Eastern Time today, the price of oil sits at $91.60 per barrel, using Brent as the benchmark…
The GCC’s AI ambitions are creating a parallel infrastructure race—Gulf countries and telecom companies are trying not only to build enough…
As of 7:15 a.m. Eastern Time, oil sold for $87.55 per barrel (using Brent as the benchmark, which we’ll get…
US stocks turned lower Tuesday after Iran said the Strait of Hormuz would remain closed until its conditions were met,…
At 5:20 a.m. Eastern Time, oil was priced at $86.04 per barrel with Brent serving as the benchmark (we’ll explain…