How Venezuelan crude could tighten US hydrogen supply
Helium shortages becoming more likely
Kuwait Shuts Production, Qatar Warns Oil Could Hit $150 in Weeks
Oil prices could soar to as much as $150 per barrel within two to three weeks if the critical Strait of Hormuz remains off limits for tankers, Qatar’s Energy Minister…
U.S. Gasoline Surges to Highest Under Trump as Iran War Roils Oil Market
The national average price of gasoline in the United States has jumped to the highest level seen during either of President Donald Trump’s terms in office, per GasBuddy data, as…
Oil Prices Surge Past $100 as Iran Names New Supreme Leader
Oil prices surged in early Asian trading on Monday, breaking above $100 per barrel for the first time in nearly four years as the Iran conflict escalated and Ayatollah Mojtaba…
Reliance Industries Pivots Back to Russian Oil with U.S. Waiver
India’s largest private refiner, Reliance Industries, is sounding the market for buying Russian crude, an anonymous source told Bloomberg on Friday, after the United States on Thursday issued a temporary…
US Oil Prices Soar in Early Trading on Supply Fears Amid Expanding U.S.-Israeli War With Iran
(Reuters) – U.S. crude futures rose more than 20% in early trade on Monday, hitting their highest since July 2022, as the expanding U.S.-Israeli war with Iran fuelled fears of…
US Energy Chief Cchris Wright Defends Waiver on Russian Oil Sanctions, Blames Fear for Higher Gas Prices
Trump administration officials on Sunday defended a decision to temporarily lift some sanctions on Russian oil and predicted that a sharp increase in gasoline prices resulting from the Iran war…
Aramco stock climbs as Middle East conflict lifts oil prices
(Bloomberg) – Saudi Aramco jumped the most since April 2023 on Sunday as the Iran war entered its second week, prompting supply disruptions that may send oil prices higher when…
White House Seeks Bolder Action on Energy Prices Amid Iran Conflict
Senior officials have asked the departments of Energy, Transportation and Treasury and the Environmental Protection Agency to provide more policy options, with an emphasis on measures that President Donald Trump…
