Libya reaps oil bonanza from Iran war price surge
Crude output has risen to highest level since 2013 as demand soars to replace lost barrels from the Gulf
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Crude output has risen to highest level since 2013 as demand soars to replace lost barrels from the Gulf
Europe’s biggest investment banks missed out on gains from commodities in quarter marked by oil swings
The S&P 500 notched five weeks of gains for the first time in roughly 18 months. In April, it rose more than 10 percent, its best month since November 2020.
The price of Brent crude, the international benchmark, dipped, while the average price of gasoline in the United States bumped up by 9 cents overnight. Stocks c
Concerns about high oil prices are adding to inflation fears in Japan, as the BOJ just moved to rescue the yen from a roughly 40-year low.
Toto is “aiming to achieve a toilet that never needs cleaning.” It’s also supplying electrostatic chucks — a semiconductor-manufacturing component critical to t
Even once the Strait of Hormuz reopens, it will take months for oil and gas flows to get back to normal, Exxon and Chevron warn.

OPEC+ agrees in principle on small oil output quota hike without UAE, sources say
With oil and gas supply in a crunch, demand for alternatives has surged over the past two months. Analysts expect wind and solar to explode as countries seek to
A couple of days ago, the United Arab Emirates announced that it will formally leave OPEC on May 1, with the Middle East oil giant becoming the latest country t
Indian Oil Co. has hiked the price of liquefied petroleum gas for local industrial users and the price of jet fuel, but only for foreign airlines, Reuters has r
Crude oil prices may have retreated from the highs reached on Thursday, but they are still set for a strong weekly gain. At the time of writing, Brent crude was
Venezuela has signed agreements with two U.S. energy firms to operate in the country as a growing number of international oil and gas companies are vying to ret
Oil prices could spike to $140 per barrel as the U.S. is keeping its blockade outside the Strait of Hormuz, Iran says and signals it won’t open the chokepoint t
June WTI crude oil futures surged this week, with the contract trading at $105.88 Thursday night, up $11.48 or 12.16%. The weekly high is $110.93, while the low

Pyongyang-linked hackers drained $577 million from two DeFi platforms in April, underscoring an escalating threat to crypto markets.

Spot Bitcoin ETF outflows reached $490 million as crypto investors considered the impact of high oil prices, Big Tech earnings and a shortfall in AI industry gr
Iran warned President Donald Trump's naval blockade was “doomed to fail” as oil prices soared to their highest point in years with the standoff over the Strait
US supermajors stick to prewar strategies despite White House plea for more drilling to curb soaring petrol prices
European nations imposed temporary taxes in the 2022 energy shock when Russia invaded Ukraine, but whether they can effectively help households is up for debate