Markets
US Crude Oil Inventories Rise Unexpectedly; Gasoline Stocks Plunge
US crude oil inventories unexpectedly climbed by 1.9 million barrels in the week ended April 17th, defying analyst expectations, while gasoline stockpiles...
#energy markets 22 articles
Economy
Iran War’s Trade Shock: A New Global Disruptor?
The Iran conflict's impact on energy and commodities is forcing companies to rethink supply chains, potentially reshaping global trade more profoundly than...
Markets
Oil Prices Climb Despite Extended Ceasefire
Crude oil prices have surged, defying a U.S. extension of a two-week ceasefire due to persistent supply disruption fears stemming from the...
World Business
US Extends Russian Oil Sanctions Waiver After Bessent Reversal
The U.S. Treasury Department extended a 30-day waiver on Russian oil sanctions, reversing Secretary Scott Bessent's prior stance to ease Iran war...
Investing
Fuel Price Hikes Drive Consumer Interest in Electric Vehicles
Soaring fuel costs, exacerbated by the conflict in Iran, are prompting consumers to explore electric vehicle options. The New York Auto Show...
Stocks
Crude Oil Futures Drop on U.S.-Iran Talks Prospect
Crude oil futures experienced a sharp decline Tuesday, driven by the potential for renewed U.S.-Iran peace talks ahead of an April 7...
Markets
Trump’s Hormuz Blockade Ignites Oil Prices, Gulf War Fears
Crude oil prices surged after President Trump imposed a blockade on the Strait of Hormuz, escalating tensions with Iran and renewing fears...
Economy
Trump’s Iran Ultimatum Jolts Markets as Hormuz Deadline Looms
President Trump's expletive-filled threat against Iran, demanding the opening of the Strait of Hormuz by Tuesday, has sent tremors through global energy...
Stocks
Oil Dips Below $100; Global Shares Jump on Trump Iran Pledge
Oil prices briefly fell below $100 a barrel and shares surged across Europe and Asia after President Trump pledged a swift end...