Browsing: Oil
The memorandum of understanding that the U.S. and Iran have endorsed will fully reopen the Strait of Hormuz on Friday,…
U.S. stock futures jumped and oil prices tumbled on Sunday after the U.S. and Iran confirmed they reached a deal…
It will likely take months before energy companies can resume operations to the point of meeting the world’s demand, according…
Regardless of a ceasefire deal that reopens the Strait of Hormuz, Iran’s demonstrated ability to shut it down will continue…
At 8:50 a.m. Eastern Time today, oil was priced at $89.94 per barrel with Brent serving as the benchmark (we’ll…
Consumer prices rose 0.5% in May, the Bureau of Labor Statistics reported Wednesday, lifting annual inflation to 4.2% from 3.8%—the…
In the early days of the Iran war, analysts held the grim prediction that crude oil prices would top $200…
At 9 a.m. Eastern Time today, the price of oil sits at $94.27 per barrel, using Brent as the benchmark…
Talks to extend the ceasefire between the U.S. and Iran are dead in the water, but traffic through the Strait…
US oil drilling has expanded for six straight weeks, the longest uptrend in almost four years, after the Iran war…