Oil prices climb as crude stockpiles are being depleted — and travel season starts this weekend
Physical supplies of oil through the Strait of Hormuz are 95% below regular levels.
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Physical supplies of oil through the Strait of Hormuz are 95% below regular levels.
The upsurge in U.S. inflation, reaching a three-year high, has been fueled by rising oil prices and the residual effects of the Trump tariffs. But another thing
Iran's position on its enriched uranium will likely complicate peace talks with the U.S.
Nvidia's record quarterly results failed to lift sentiment as oil prices surged on reports that Iran's supreme leader ordered enriched uranium kept inside the c
Geopolitical tensions in the Middle East are proving to be a bonanza for oil. But if you're like most investors you're missing the rally — unless you own the ri
Futures fell as oil prices rebounded: Nvidia stock wavered after strong earning. Elon Musk's SpaceX released its IPO filing.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 9.1 million barrels in the week ending May 15. In the w
Sales of electric vehicles in Europe are on the rise as the Middle East war disruption in oil exports pushes retail fuel prices higher, Reuters reported today,
Two supertankers loaded with crude oil exited the Strait of Hormuz today and are heading to China, Reuters reported, citing data from LSEG and Kpler. The vessel
India plans to send empty tankers into the Strait of Hormuz to load oil supplies from the Gulf producers in a first such Indian move west of the chokepoint for
UK-based oil and gas producer Energean plc on Wednesday slashed its first-quarter dividend and full-year production outlook following a 41-day halt to productio
Bitcoin climbed to about $77,200, while XRP, ether and solana also gained as Treasury yields and oil fell.
Oil futures markets are sanguine, but history shows expectations have often been disappointed
The change reflects increasing supply concerns over certain fuels due to the effective blockade of the Strait of Hormuz.
Oil futures were sliding on Wednesday following comments from President Trump that the war in Iran would be ended “very quickly.”
Drivers are in a jam. But skipping and delaying maintenance may mean bigger repairs later.
The Coyl uses a coil design for the power cable, keeping it neat and taut between the desk and the wall. And instead of relying on boring levers to adjust the h
As U.S. drivers face the highest Memorial Day gasoline prices in four years, American consumers are paying billions of dollars more on gas and diesel than they
The middle of May brought very little good news to the Asian refiners, but the extension of the US waiver on Russian crude and oil products on May 18 has certai
Oil prices dropped in early Asian trade on Tuesday after President Trump said he had paused a planned military strike on Iran to allow negotiations to continue.