Strait of Hormuz tensions and oil prices: The smart money's call
I'm not going to speculate on how much of a short-term spike will take place on the heels of rising tensions -- even war -- in the Middle East, but the smart money will sell into that rally.
Oil rises more than 2% after Iran seizes British tanker
Last week, WTI fell over 7 percent and Brent lost more than 6 percent.
Heat wave across U.S. affects millions, causes NYC Triathlon to cancel
Americans are bracing for extreme temperatures.
Oil falls nearly 3% as U.S. Gulf production returns
Prices were further weighed down after the U.S. equities market opened lower.
The costly impact of Berkeley's new ban on use of natural gas in newly-built homes
Berkeley bans use of natural gas in newly-built homes
Berkeley bans natural gas in new homes, drops gendered language from city codes
More bans are being implemented in Berkeley, California.
Fears of blackouts amid Northeast heat wave
Con Edison warns heat wave could cause more blackouts
US crude oil stockpiles drop amid Barry, fuel posts large builds
Barry, which came ashore on Saturday in central Louisiana as a Category 1 hurricane, prompted oil companies to shut nearly 74 percent of production at U.S. Gulf of Mexico platforms ahead of the storm.
Oil slips as Trump, Pompeo signal Iran tensions may ease
Oil prices slipped as President Trump and Secretary of State Mike Pompeo signaled Iran tensions may ease.
US offshore oil production remains cut by 58%: Federal agency
Since July 10, 7.8 million barrels of oil, or nearly two-thirds of the United States daily oil production, has been lost from Barry, which has become a post-tropical cyclone and was moving over eastern Missouri on Tuesday.
Oil falls as Iran tensions seen easing
Trump said on Tuesday a lot of progress had been made with Iran.
Con Edison says cause of NYC blackout was substation's faulty relay protection system
Con Edison said the blackout that plunged parts of Manhattan into darkness Saturday night was due to a substation's relay protection system that "did not operate as designed."
US Gulf of Mexico oil, gas producers begin restarting after Barry
Workers also were returning to the more than 280 production platforms evacuated.
NYC blackout turns up heat on Bill de Blasio as utility company warns of more power outages
De Blasio's absence during blackout prompts ire from New Yorkers.
Movers & Shakers: July 15, 2019
Stories moving the markets and shaking up the world.
Tropical Storm Barry shuts down 73% of Gulf oil production
Outlook for oil
Tropical Storm Barry cuts 73% of US offshore oil production, federal agency says
The storm also cut nearly 62 percent of natural gas production in the Gulf region, according to the BSEE.
Power restored after New York City blackout leaves thousands in the dark
Power was restored to all 72,000 customers in New York City early Sunday after a massive outage left a portion of Manhattan’s West Side in the dark — causing canceled shows, traffic jams and chaos in the subway system for hours.
Tropical Storm Barry threatens Louisiana oil rigs
U.S. oil producers have evacuated oil platform workers from 257 offshore facilities and seven rigs.
Little impact on oil prices expected from Tropical Storm Barry?
Outlook for oil


















