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Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
US shale oil production is unlikely to experience upside as West Texas Intermediate crude prices stay pressured near the mid ...
The market’s biggest concern is that Iran could disrupt flows through the Strait of Hormuz—a vital artery for about a quarter ...
Aegis Hedging, which handles hedging for roughly 25-30% of U.S. output, according to internal estimates, saw a record volume ...
"Russia could emerge as a beneficiary if Iran were to close the Strait of Hormuz," said Nikos Tzabouras, analyst at Tradu.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
A relief rally is underway on Wall Street with stocks surging, as oil falls below the $65 per barrel level and gold prices retreat amid a de-escalation between Iran-Israel. Still, President Trump ...
Stocks rose Monday, with oil prices declining, following a restrained response by Iran to U.S. attacks over the weekend.
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Edmonton Journal on MSNConflict-driven oil price spikes not sustainable: ReportIt cites the renewed conflict in the Middle East as leading oil prices to fluctuate. The price of West Texas Intermediate ...
West Texas Intermediate (WTI) Oil price extends its losses for the second successive day, trading around $66.30 during the ...
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Edmonton Journal on MSNAlberta ends 2024-25 fiscal year with $8.3 billion surplus thanks to oil, taxesHigher revenues from oil royalties as well as personal and corporate income taxes led Alberta to end the last fiscal year ...
As the Middle East conflict continues and energy stability remains uncertain in the Persian Gulf, energy security remains steady in the U.S., fueled by the Gulf ...
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