Energy

Global production is expected to outpace global consumption once Strait of Hormuz traffic stabilizes.

The oil company says Texas officials and citizens are ‘more familiar’ with the industry and more invested in the company’s success.

The military operation against Iran is ‘very complete, pretty much,’ the president said.

The president said skyrocketing oil prices are a short-term price to pay for eliminating a half-century of the Iranian regime’s menace in the strait.

Oil jumps about 25 percent to its highest since 2022 as the Middle East conflict rattles markets.

A record 86 gigawatts of new electricity generation capacity is projected to be added to the U.S. power grid this year, according to the agency.

Gas prices have risen by more than 16 percent from a week back.

West Texas Intermediate crude prices on track for biggest weekly gain on record.

The average price of gasoline has increased to its highest level since mid-2024, according to new data.

India has been one of Russia’s largest crude oil importers since the invasion of Ukraine.

A prolonged conflict would further delay ships in the Strait of Hormuz, leading to product shortages and higher production and transportation costs.

Administration officials met with industry leaders to navigate fast data center development while enhancing the power grid and working to lower energy prices.

‘Rebranding does not change the underlying collectivism,’ Prospr Aligned CEO Derek Kreifels says.

The Iran military action should remove major uncertainty in the world, and the stock market is expected to have a relief rally.

The president said the U.S. Navy would begin escorting tankers through the Strait of Hormuz, if necessary.

Crude oil prices surged 8 percent following the joint U.S.-Israel strikes in Iran.

Brent crude neared $80 as Israel and the US signaled a prolonged campaign against Iran, fuelling fears of Hormuz disruptions that could drive oil toward $100.

‘For energy markets, we expect an aggressive price response when markets open,’ ING commodity strategist Warren Patterson said.

Two oil tankers and an Omani port were attacked, pausing tanker traffic in a waterway through which more than 20 percent of the world’s oil is exported.

‘It is going to send shockwaves through the entire ESG complex,’ a Texas official said.

Global production is expected to outpace global consumption once Strait of Hormuz traffic stabilizes.

The oil company says Texas officials and citizens are ‘more familiar’ with the industry and more invested in the company’s success.

The military operation against Iran is ‘very complete, pretty much,’ the president said.

The president said skyrocketing oil prices are a short-term price to pay for eliminating a half-century of the Iranian regime’s menace in the strait.

Oil jumps about 25 percent to its highest since 2022 as the Middle East conflict rattles markets.

A record 86 gigawatts of new electricity generation capacity is projected to be added to the U.S. power grid this year, according to the agency.

Gas prices have risen by more than 16 percent from a week back.

West Texas Intermediate crude prices on track for biggest weekly gain on record.

The average price of gasoline has increased to its highest level since mid-2024, according to new data.

India has been one of Russia’s largest crude oil importers since the invasion of Ukraine.

A prolonged conflict would further delay ships in the Strait of Hormuz, leading to product shortages and higher production and transportation costs.

Administration officials met with industry leaders to navigate fast data center development while enhancing the power grid and working to lower energy prices.

‘Rebranding does not change the underlying collectivism,’ Prospr Aligned CEO Derek Kreifels says.

The Iran military action should remove major uncertainty in the world, and the stock market is expected to have a relief rally.

The president said the U.S. Navy would begin escorting tankers through the Strait of Hormuz, if necessary.

Crude oil prices surged 8 percent following the joint U.S.-Israel strikes in Iran.

Brent crude neared $80 as Israel and the US signaled a prolonged campaign against Iran, fuelling fears of Hormuz disruptions that could drive oil toward $100.

‘For energy markets, we expect an aggressive price response when markets open,’ ING commodity strategist Warren Patterson said.

Two oil tankers and an Omani port were attacked, pausing tanker traffic in a waterway through which more than 20 percent of the world’s oil is exported.

‘It is going to send shockwaves through the entire ESG complex,’ a Texas official said.