Chevron CEO Warns of Emerging Physical Shortages in Crude Oil
Signs of physical shortages in crude oil are emerging, the chief executive of Chevron warned this week, noting that this will first hit Asian economic growth. “
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Signs of physical shortages in crude oil are emerging, the chief executive of Chevron warned this week, noting that this will first hit Asian economic growth. “
India has called for an end to the hostilities in the Middle East, condemning Iran for its recent attack on the port of Fujairah - a vital oil hub that sits rig
Californian retail fuel prices have hit $6.114 per gallon for the first time since 2023 amid the global supply crunch that has exposed the state’s vulnerabiliti
Global oil inventories are crashing and approaching an eight-year low, with the rate of depletion so fast that it exposes the market to further shocks, accordin
The world's biggest sovereign wealth fund, Norway's $2.2-trillion Government Pension Fund Global, has dropped its active voting engagement on climate issues at
Gas hit $4.46 per gallon Monday as oil futures jumped after three days of declines, increasing the Iran war's direct cost to U.S. consumers.
Oil holds on to gains after renewed military strikes threaten month-long truce
Officials are softening people up for difficult decisions ahead. Also in this newsletter, how oil prices work
Oil prices fell and futures on the S&P 500 rose slightly on Sunday as investors reacted to continued uncertainty about the war in Iran.
An industrial policy of subsidies and import restrictions laid the foundations for China to become almost as dominant in wind turbines as in solar panels.
Oil prices fell, giving back some of the gains from the previous day as attacks in the Middle East raised concerns about the war starting again.
Wall Street futures pointed moderately higher pre-bell Tuesday after media reports that commercial v
The company reported first-quarter earnings per share of 55 cents from sales of $1.7 billion. Wall Street was looking for earnings per share of 48 cents from sa
Last month, we reported that Bridger Pipeline LLC has proposed a giant pipeline with a capacity in excess of 1 million barrels per day (bpd) to transport Canadi
For about ten years, Big Oil moved away from Canada’s oil sands and into cheaper, more easily developed—and less regulated—locations. Now, the supermajors are r
Oil prices edged lower in early Asian trading on Monday after President Trump announced the U.S. would guide ships through the Strait of Hormuz and OPEC+ confir
A Russian tanker carrying crude from Sakhalin Island is set to arrive in Japan today in the latest sign energy-strapped importers are intent on securing any sup
Elevated oil prices for a sustained period of time would tip the global economy into a recession, Moody’s Analytics’ head of international economics, Gaurav Gan
The Iranian Armed Forces on Monday warned the U.S. it would attack forces that intend to approach or enter the Strait of Hormuz, after U.S. President Donald Tru
The largest crypto reversed sharply from a $80,594 high after Iran's Fars news agency claimed two missiles hit a U.S. warship, with oil spiking 5% before the U.