News

What's Driving Oil Prices Today and Why Did Futures Diverge?
The spiraling Middle East conflict has sent oil prices into a volatile rally over the last week, amid concerns over potential ...
Large Oil Producers Around the Persian Gulf Ramp Up Exports
Saudi Arabia and other oil states are rushing to load tankers in case the Israel-Iran fighting spreads to export ...
What the Gulf War and past supply disruptions says about how high oil prices can go
Based on past conflicts that have rattled oil prices, oil is likely trading in the upper range of where it should be as the ...
Why Iran Vs. Israel Can't Really Crush Oil Markets (But Can Help Gold)
What will the Israel-Iran conflict mean for energy prices? Gold is gaining on safe haven buying, but it has been running for ...
Oil Futures Diverge on U.S. Holiday Price Lag, Contract Expiration
Oil prices were mixed with Brent crude down more than 2% to around $77 a barrel and West Texas Intermediate edging 0.7% ...
China’s Record Oil Stockpile Offers Buffer as Iran Crisis Builds
Oil refiners in China — the largest takers of Iranian crude — are unfazed for now about the possibility of interruptions to ...
Discounts deepen on Iranian oil in China as struggling teapots slow buying
Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as ...
California is to examine its Amazon oil ties following pleas from Indigenous leaders from Ecuador
The California Senate has introduced a landmark resolution to have the state examine its crude imports from the Amazon, ...
Why Higher Oil Prices May Not Change U.S. Energy Policy
The energy crisis of the 1970s suggests that higher oil prices are unlikely to significantly shift U.S. energy policy away ...
Goldman Sachs reports 65% chance that U.S. will intervene in Iran—and says OPEC will be key buffer in oil volatility
Goldman Sachs said markets are estimating a 65% likelihood of the U.S. intervening in the Middle East, though added there's a ...