Browsing: Oil
For decades, oil traders, executives and analysts warned that closing the Strait of Hormuz would be a global economic catastrophe. …
Putin is running out of money to fight Ukraine, and Russian-occupied Crimea is running out of fuel
The Kremlin’s war machine is short on money and fuel as Ukrainian drones wreak havoc on Russian supply lines. More…
At 9 a.m. Eastern Time today, oil was priced at $97.44 per barrel with Brent serving as the benchmark (we’ll…
Wall Street may have solved a nagging mystery in global oil markets as doomsday has yet to arrive
China has quietly emerged as the global oil market’s stealthy swing consumer, potentially holding off doomsday a while longer. For…
Oil bosses warn prices will soar within weeks as inventories near ‘really, really low levels’
The two biggest U.S. oil companies joined the growing chorus of voices sounding the alarm on the imminent doom global…
More ships are quietly slipping through Strait of Hormuz as air power scares off Iran’s attack boats
The U.S. and Iran remain deadlocked on a deal to extend their ceasefire and reopen the Strait of Hormuz, but…
As of 9:15 a.m. Eastern Time today, oil sold for $100.20 per barrel (using Brent as the benchmark, which we’ll…
Markets rejoice as deal to reopen Hormuz nears, but US forces conduct ‘self-defense strikes’ on Iran
Stock futures jumped while oil prices and bond yields tumbled Monday evening on reports that a deal to reopen the…
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as GDP contracts
The Swedish government has come up with some drastically different economic figures on Russia that make the Kremlin’s official data…
Oil dropped as the US and Iran edged toward a deal, although President Donald Trump said that Washington’s blockade of…












