Stocks
Oil Giants Defy Trump’s Call for More Drilling
Exxon Mobil (XOM) and Chevron (CVX) will not boost production despite President Trump's pleas, maintaining their strategies amid a Middle East-induced energy...
#energy markets 64 articles
Markets
Oil Prices Skyrocket Amidst Ongoing Gulf Crisis and Strait Blockade
Crude oil prices have surged dramatically as the Middle East conflict and active blockade of the Strait of Hormuz show no signs...
Stocks
Oil Jumps $7 on Extended Iran Blockade Fears
Crude oil futures climbed significantly, reaching multi-week highs. This surge is driven by expectations of a prolonged U.S.-Iran standoff and potential disruptions...
Markets
Oil Prices Climb as Hormuz Standoff Intensifies
Oil prices surged Tuesday as U.S.-Iran peace talks faltered and the Strait of Hormuz remained effectively closed, raising concerns over energy supply.
Stocks
U.S. Shale Industry Resists Output Hike for Two Years
U.S. shale executives do not expect to significantly increase oil production over the next two years, citing "chaos" from the Middle East...
Markets
G-7 Central Banks Brace for Energy Shocks, Keep Rates Steady
Policymakers across the G-7 are set to keep interest rates steady this week, maintaining a hawkish stance as they monitor rising energy...
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...
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...