The Strait of Hormuz closure has sent crude oil soaring, highlighting opportunities in the undervalued energy sector.
One morning in January 2002, Bol Maker Juol Kor awoke to the hum of planes overhead. Peering outside his home in Kuach, a small settlement of thatched huts in what was then central Sudan, he recalled ...
NEW YORK, June 24 (Reuters) - U.S. oil executives expect domestic oil production to increase slightly at current prices but said geopolitical uncertainties and regulatory issues cloud their outlook ...
U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market. By Rebecca F. Elliott The war with Iran has pulled the American oil industry ...
Vision Oil and Gas chief executive Josh Cohen was arrested June 5 on charges of theft of services and organized crime, but the criminal case against him in Reeves County may be just the beginning.
A fifth of the world’s oil supplies typically flow through the Strait of Hormuz. Amid America’s disastrous war of choice against Iran, it’s now been closed since March. As the United States and Iran ...
The world is guzzling so much oil from commercial and strategic inventories that they risk falling below their minimum operating levels. Oil Below $90 a Barrel After Trump Cancels Iran Strikes Brent ...
Global aviation has faced one of the biggest energy crises as the effective closure of the Strait of Hormuz has stopped volumes of the world’s jet fuel from making it to the market. WSJ’s George Downs ...
Oil and gas executives have warned the Trump administration that gasoline prices at the pump could surge in the coming months as fuel inventories fall to critical lows, complicating efforts to contain ...
"You're hitting tank bottom." That is the phrase one oil industry executive used to describe the state of global petroleum inventories, in a conversation the executive said had already been shared ...
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