Commodities

The stuck ship in the Suez Canal could upend oil deliveries.

Oil prices were trading more than 1% higher on Friday.

Shares are rebounding after Wednesday's broad, late day decline led by selling of tech heavyweights

The Suez Canal ship mishap could rock oil prices for days.

OPEC Plus is feeling empowered, brazen and is going unchecked.

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.

OPEC is enjoying higher oil prices without any heavy lifting.

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 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 is running at normal operations, the Electric Reliability Council of Texas said on a conference call Friday morning.  

Frigid temperatures knocked out electricity across Texas and resulted in one of the largest U.S. oil production disruptions ever. 

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 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.

In Texas power grids are frozen as a rare winter storm paralyzes the region.

Texas freak storm spikes electricity prices.

If President Biden were to shut down the Dakota Access pipeline Americans would face higher prices at the supermarket, according to experts.

Keystone XL likely won't be last pipeline killing by the Biden administration.

Loose monetary and fiscal policy and President Biden's climate change fight will boost commodities prices.

OPEC cut its demand forecast and the International Energy Agency said the market was still over-supplied

With the Keystone XL pipeline dead in the water, so are thousands of jobs.