A large explosion at a Valero oil refinery near the Texas Gulf coast shot plumes of smoke into the air and forced some nearby residents to shelter in place.
The explosion comes amid a spike in gas prices driven by uncertainty over the global oil supply because of the Iran war.
A massive explosion at a Texas crude oil refinery shot up towering plumes of dark smoke and physically shook locals’ homes ...
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South Korea’s largest petrochemical company, LG Chem, halted operations at its Naphtha Cracking Center (NCC) at the Yeosu ...
U.S. President Donald Trump went into the Iran war convinced that America’s vast oil wealth would insulate the country from ...
Wall Street is stumbling toward the finish line of a fourth straight losing week, but an ease in oil prices is taking some of ...
More than three dozen oil, natural gas and related sites have been attacked in nine countries. More strikes could keep energy ...
Oil prices dipped Friday but remained well above $100, with energy infrastructure in the Middle East damaged and the vital ...
Clients who previously expected a quick resolution to the Iran war are starting to have doubts, the firm said.
Oil prices had been gyrating this week, after a new round of attacks on major energy facilities in Iran and Qatar raised concerns about energy supplies.