Devon's tie-up with Coterra isn't just getting bigger--it's reshaping the company's cash-flow potential at a time when crude prices have swung back in its favor. The deal thesis hinges on scale, cost ...
Iraq will resume oil exports via Turkey’s Ceyhan port at 10am following a deal between Baghdad and the Kurdistan Regional Government. Oil flows could reach 200,000–250,000 bpd from Kirkuk, with an ...
Oil prices edged lower on Friday after a tumultuous day that saw the international benchmark surge above $119 a barrel as the Middle East conflict deepened energy supply fears.
The closure of the Strait of Hormuz, which 20% of the world’s oil flows through, is sending shockwaves through the global economy. But how big will this disruption actually be? According to a ...
Oil prices climbed again because of the war with Iran, tightening their grip on the global economy and sending stock markets ...
U.S. benchmark West Texas Intermediate crude climbed during the session, crossing $101 per barrel from $67 per barrel before the war.
Prime Minister Benjamin Netanyahu said on Thursday he believes pipelines should be built to transport Middle East oil and gas across the Arabian Peninsula and up to Israeli ports to ...
For more than a century, Iran has occupied a powerful place in the western imagination, characterized as a volatile region that sits atop vast oil reserves.
The European Central Bank raised its inflation projections on Thursday on higher energy costs and said there was a risk of ​price growth going even higher in case of a ‌prolonged war in the Middle ...
The S&P 500 is down 4.29% over the past month, and the VIX fear gauge has climbed 53% in that same window to sit at 27, firmly in elevated-uncertainty territory. Meanwhile, a handful of oil and gas ...
America's shift from energy importer to exporter reshapes how oil price spikes from Middle East conflicts affect different regions, industries and income groups.
The U.S. has agreed to release more than 150 million barrels of oil from its strategic petroleum reserve. What does that mean for the stockpile located in salt caverns along the Gulf Coast?