Latest Oil & Gas stories from Energy.
Despite a recent US-Iran deal, analysts caution that the backlog in the Strait of Hormuz could take weeks to resolve, leaving oil flows at risk of further disruptions.
In a series of overnight operations, Ukrainian drones have struck significant energy infrastructure in Russia, including a major pipeline and a fuel depot.
An examination of China's potential influence on global oil prices and the broader implications for the market.
The crude oil market is nearing a pivotal moment, which could have significant effects on the global economy in the coming weeks.
Businesses in East LA impacted by the recent oil spill may be eligible for compensation.
In a recent statement, Energy Secretary Wright highlighted that US refiners have the ability to accommodate an increase in Venezuelan oil imports.
Oil markets appear increasingly doubtful regarding President Trump’s assertions of nearing a peace deal with Iran, reflecting a cautious sentiment among investors.
Oil prices are falling as investors speculate on a potential agreement between the U.S. and Iran, leading to increased scrutiny of geopolitical tensions.
This June, consider three oil pipeline stocks that provide attractive dividends, making them appealing options for investors looking for income.
Industrial Info Resources is examining the possibility of increasing the capacity of the Trans Mountain crude oil pipeline, which could have significant implications for the energy sector.
For the second month in a row, Wyoming has experienced an uptick in oil and natural gas prices, indicating a potential trend in the energy market.
China's significant decrease in fuel consumption is having a stabilizing effect on global oil prices, a positive development for oil markets.
In a recent meeting, executives from leading oil companies conveyed their apprehensions about the ongoing rise in gas prices to White House officials.
As global oil reserves diminish rapidly, the implications for energy security and the economy are becoming increasingly concerning.
Recent military actions by the U.S. against Iran have reportedly influenced global oil prices, as noted by The New York Times.
As reported by Midland Reporter-Telegram, a decline in oil demand could potentially restrict the rise in oil prices.
Increased tensions in the Middle East, following US military actions, have led to a nearly 1% rise in oil prices amid ongoing supply concerns.
The energy sector faces uncertainty as U.S. Energy Secretary Chris Wright indicates that recovery of oil flows through the Hormuz Strait could take several months.
The conflict in Iran appears to be providing financial benefits to oil and gas companies, enhancing their balance sheets amid ongoing turmoil.
Recent data indicates that China's crude oil imports have fallen to an eight-year low, contributing to downward pressure on global oil prices.