A U.S. plan to help control global oil prices with a swap of millions of barrels of oil from the Strategic Petroleum Reserve ...
The ongoing conflict in the Middle East has essentially shut down the Strait of Hormuz, cutting off a critical choke point ...
From a macro perspective, the oil shock is another form of monetary tightening. This is why the recent repricing in interest ...
He repeatedly played up the Mullin family’s affinity for wrestling in his remarks praising the new secretary. Mullin is ...
In a March 12 interview on Fox News, Energy Secretary Chris Wright said "The United States - we produce more oil than we can consume. We're a net oil exporter." ...
Kharg Island is not just an Iranian asset; it is a global pressure point whose fate could influence Israel’s security ...
As oil traders brace for a historic release from the US Strategic Petroleum Reserve in the form of a loan, they’re dumping ...
Donald Trump said he believed he would have the “honour” of “taking Cuba, in some form”, as a US oil blockade has tipped the island nation into a deep economic crisis. “Whether I free it, take it, I ...
When oil prices feed through to inflation, the market is unlikely to react positively.
Based on Bloomberg's macro forecasting model, oil at $108 per barrel adds about 0.8 percentage points to US inflation by year ...
The US exports some oil products, but it still imports crude — and global markets ultimately determine what Americans pay at the pump ...
More than 400 million barrels of oil from International Energy Agency emergency reserves will begin flowing soon, the agency ...