When a major oil shock hits, most Americans notice it first at the pump. When a major oil shock hits, most Americans notice it first at the pump. That’s exactly what’s happening now. Since the February 28 attack on Iran and the subsequent disruption of tanker traffi
Weekly focus – Steady central banks weigh their options Crude Oil prices continued higher this week as the market is becoming increasingly sceptical about the prospect of a near-term opening of the Strait of Hormuz. Weekly focus – Steady central banks weigh their options C
June WTI crude oil futures surged this week, with the contract trading at $105.88 Thursday night, up $11.48 or 12.16%. June WTI crude oil futures surged this week, with the contract trading at $105.88 Thursday night, up $11.48 or 12.16%. The weekly high is $110.93, while t
WTI Price Forecast: Flattens above $102 but looks on track to revisit three-year high West Texas Intermediate (WTI), futures on NYMEX, trades calmly around $102.25 during the European trading session on Friday. WTI Price Forecast: Flattens above $102 but looks on track to
Venezuela has signed agreements with two U.S. energy firms to operate in the country as a growing number of international oil and gas companies are vying to return to the world's biggest crude resource holder. Venezuela has signed agreements with two U.S. energy firms to o
Crude oil prices may have retreated from the highs reached on Thursday, but they are still set for a strong weekly gain. Crude oil prices may have retreated from the highs reached on Thursday, but they are still set for a strong weekly gain. At the time of writing, Brent c
Australia’s Woodside Energy is having trouble finding buyers for the liquefied natural gas it produces at its Louisiana LNG plant, Reuters has reported, citing unnamed sources. Australia’s Woodside Energy is having trouble finding buyers for the liquefied natural gas it pr
WTI retreats below $102.50 on stronger US Dollar, Iran conflict risks curb further losses West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $102.40 during the early European trading hours on Friday. WTI retreats below $102.50 on stronger US Dolla
Indian Oil Co. has hiked the price of liquefied petroleum gas for local industrial users and the price of jet fuel, but only for foreign airlines, Reuters has reported, citing a company statement. Indian Oil Co. has hiked the price of liquefied petroleum gas for local indu
Indian Oil hikes prices of industrial LPG, jet fuel for foreign airlines Reuters Indian Oil hikes prices of industrial LPG, jet fuel for foreign airlines Reuters