Oil Majors Seek Bigger Bargaining Power in Labor Disputes
The biggest oil companies in the United States are playing hardball in unionized labor negotiations in a bid to get more concessions from workers’ unions in the
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The biggest oil companies in the United States are playing hardball in unionized labor negotiations in a bid to get more concessions from workers’ unions in the
Oil prices edged higher in early Asian trade on Monday following another weekend of escalation in the U.S.-Iran war. At the time of writing, WTI was trading at
Supply of fuel oil for the shipping industry is getting squeezed by the war-driven tightness in diesel fuel, as refiners prioritize the latter over the former,
Oil prices could surge to as much as $120 per barrel if attacks on shipping in the Middle East intensify, according to Goldman Sachs. “Events over the last few
India’s average crude import price soared to above $100 per barrel at the end of last week and is set to further rise this week as international crude prices ra
Bitcoin trades lower by nearly 1% as escalating U.S.-Iran hostilities push oil higher.
Jizan, near the Yemeni border, has been repeatedly targeted by Houthi rebels in their campaign against Saudi Arabia
The decision on Sunday by the cartel of oil-producing nations and some of its allies came after the resumption of U.S. and Iranian military strikes in the Persi
Brent crude, the global benchmark for oil, rose on Monday, while the national average price of gas was $4.15 a gallon.
The West Texas Intermediate and Brent crude contracts previously rose to near-seven-week highs.
Oil prices are about to book yet another weekly gain as the war in the Middle East remains hot, with a pessimistic outlook. Oil exporters from the region are ru
The U.S. military is helping oil get out of the Persian Gulf on tankers, but Iran is still attacking the ships and scaring operators away.

OPEC+ keeps oil output policy unchanged for October

OPEC+ pauses oil output policy steady for October
We initiated positions in defensive stocks to balance our AI exposure amid higher oil prices and Treasury yields.
Iran pursues various tactics to bypass the U.S. blockade, which President Trump reimposed in the middle of July after the deal to make a deal collapsed, accordi
China and its crude oil buying behavior in the spring and summer have stabilized global oil markets as Beijing, not OPEC, is calling the shots now, according to
The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Fr
Citadel is shopping for U.S. oil production assets, including a previous bid for WildFire Energy before Magnolia Oil & Gas agreed to buy the Eagle Ford producer
The Bureau of Land Management wants to cut the permitting time for some oil and gas projects in Alaska’s National Petroleum Reserve to as little as 60 days, acc