Natural gas futures rose on Wednesday, driven by forecasts for above-normal US temperatures expected to significantly increase electricity demand for air conditioning.
Saudi Aramco CEO states a Strait of Hormuz closure results in a weekly loss of 100 million barrels of oil. Oil prices...
Crude oil and gasoline prices surged on Monday following President Trump's rejection of Iran's latest peace proposal, prolonging the closure of the...
Crude oil futures gained Sunday after President Trump rejected Iran's peace proposal as 'totally unacceptable,' citing concerns over the Strait of Hormuz.
Crude oil and gasoline prices rose Friday, driven by escalating US-Iran hostilities in the Strait of Hormuz, threatening global energy supplies.
Seven OPEC+ nations agreed to a modest 188,000 bpd production rise for June. The increase is symbolic, overshadowed by Iran's blockade of...
US natural gas prices rose to a three-week high, driven by forecasts for below-normal temperatures boosting heating demand. Global supply disruptions also...
Exxon Mobil (XOM) and Chevron (CVX) will not boost production despite President Trump's pleas, maintaining their strategies amid a Middle East-induced energy...
Crude oil prices have surged dramatically as the Middle East conflict and active blockade of the Strait of Hormuz show no signs...