Japan Petroleum Exploration (Japex) has unveiled plans to invest 1.16 trillion yen ($7.3 billion) in exploration and ...
This year's hottest new dining destinations, from San Francisco to Singapore.
Oil prices are volatile after Trump threatened Iran over the closure of the Strait of Hormuz. Brent crude rose to almost $112 per barrel and WTI rose 3.5% to over $115 before reversing gains.
Gas lines and quadrupling oil prices freaked out American consumers. But the oil crises also transformed global finance. By Jeff Sommer Jeff Sommer writes Strategies, a weekly column on markets, ...
The oil supply shock will be worse this month than in March, according to IEA Chief Fatih Birol. Birol told the “In Good Company” podcast his organization was weighing another release of strategic oil ...
The war in Iran has created a severe energy shock as it drags into its second month. The IEA chief said the crisis is worse than 2022 and the 1970s shocks combined. US oil prices have risen more than ...
In a speech to the nation on April 1, President Donald Trump spoke of the Iran war, and the contest for control of the Strait of Hormuz, as if their outcome had little bearing on the market for oil ...
Josh Owens is the Content Director at Oilprice.com and a veteran energy journalist with over a decade of experience covering global energy markets and geopolitics.… Oil prices plunged below $100 in ...
1544 ET – Oil futures ended the first quarter with record dollar gains as the war in the Persian Gulf brought shipping through the Strait of Hormuz to a virtual standstill, choking off supply, and ...
U.S. oil prices tumbled more than 15% Wednesday after the U.S. and Iran agreed to a two-week cease-fire. But the truce was already showing signs of fraying by the afternoon as Iran accused the U.S. of ...
Rising oil prices tend to push up the cost of groceries, but that doesn't mean shoppers need to rush out and stock up, economists say. Brent crude has surged above $100 a barrel in recent weeks — ...
The Iran war will continue to disrupt global oil supplies even if a ceasefire in the region leads to a swift reopening of the Strait of Hormuz, according to a new analysis. Henning Gloystein, managing ...