From beer to flat-pack furniture, Suez blockage offers a global trade snapshot
The bottleneck created when the Ever Given container ship got stuck in the Suez Canal stranded shipments from auto parts and dairy products to beer and luxury goods on their way to markets in Europe, the U.S. and Asia.
Oil prices rise on stronger economic outlook, US stockpile draw
Prices were buoyed as data on Tuesday showed U.S. job openings rose to a two-year high in February while hiring picked up
Oil steady as OPEC Saudi minister urges production caution
At OPEC's meeting Saudi Arabia energy minister maintains cautious stance on oil production levels.
OPEC goes unchecked as gas prices near $3 per gallon
OPEC Plus and its policies are driving US energy prices higher.
Oil prices gain on expectations OPEC+ will keep lid on output
OPEC+ last month surprised the market by agreeing to extend supply curbs
Oil spikes as White House eyes Suez Canal energy impact
The stuck ship in the Suez Canal could upend oil deliveries.
Oil trades higher as Suez Canal jam continues
Oil prices were trading more than 1% higher on Friday.
Stock futures rebound ahead of GDP, jobless reports
Shares are rebounding after Wednesday's broad, late day decline led by selling of tech heavyweights
Suez Canal gives oil wild 24 hours
The Suez Canal ship mishap could rock oil prices for days.
OPEC's sneaky oil move may leave energy markets thirsty
OPEC Plus is feeling empowered, brazen and is going unchecked.
Biden’s halt of new oil and gas permits on federal lands has lawmakers demanding answers
A group of House Republicans and at least one Democrat will send a letter to the Biden administration warning that its pause on new oil and gas permits is hurting existing operations.
Will OPEC blink as oil climbs?
OPEC is enjoying higher oil prices without any heavy lifting.
Texas storm hangover could speed pump price jump
The normal switch to the more expensive summer-grade gasoline may come sooner this season due to the winter storm that battered Texas.
Oil prices to reach $72 by summer: Goldman Sachs
Oil prices will rally faster and sharper than previously expected as demand outstrips supply increases from OPEC+, Iran and U.S. shale, according to Goldman Sachs Group Inc.
Texas power grid back to normal: ERCOT
Texas’ power grid is running at normal operations, the Electric Reliability Council of Texas said on a conference call Friday morning.
Texas storms cause epic drop in U.S. oil production
Frigid temperatures knocked out electricity across Texas and resulted in one of the largest U.S. oil production disruptions ever.
Oil, gas prices jump as deep freeze paralyzes Texas
Oil and gas prices continued to climb Tuesday as frigid wintry weather choked off wells and refineries and shut in natural gas production in Texas and Oklahoma and left millions of people without power.
Saudi Arabia won't work with foreign firms without regional HQs in country starting in 2024
Saudi Arabia will no longer sign contracts with foreign companies which do not have a regional headquarters in the kingdom after 2023, state news agency SPA reported on Monday, citing an official source.
Oil, electricity prices spike on rare Texas winter storm
In Texas power grids are frozen as a rare winter storm paralyzes the region.
Texas power grid hit by extreme storm
Texas freak storm spikes electricity prices.