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Tag: Oil

Oil Prices Surge Past $100 as U.s. – Iran Talks Collapse

Quick Summary: Oil Prices Surge Past $100 as U.s. - Iran Talks Collapse U.S.-Iran talks collapsed, leading to a surge in oil prices above $100...

Oil Prices Soar 8% as Hormuz Blockade Escalates Tensions

Quick Summary: Oil Prices Soar 8% as Hormuz Blockade Escalates Tensions Oil prices surged 8% to over $100 per barrel, driven by heightened geopolitical tensions. US...

Russian oil tanker: U.S. Greenlights to Cuba Amid Tensions

U.S. Policy Shift Allows Russian Oil Tanker Access to Cuba In a notable development, a Russian oil tanker has been permitted to reach Cuba despite...

Houthis Iran conflict: Houthis’ Role in Iran Conflict: Regional

Houthis Iran conflict: Key Takeaways Houthis Iran conflict is central to this story, and this analysis explains what matters most right now. Quick Summary Houthis Iran conflict...

oil prices: 7 Best Proven 10 Ways Surge Amid US-Iran Tension

What Happened oil prices remains at the center of this developing story as new details continue to emerge. Oil Prices Surge Amid US-Iran TensionsIn a dramatic...

Fossil Fuel PR Exposed: Big Oil’s Smoky Secrets

Key Takeaways • A new three-minute animation exposes fossil fuel PR tactics borrowed from Big Tobacco. • Filmmakers turned scenes from a comedy film to reveal...

Are More Ocean Oil Drilling Auctions Coming Soon?

Key Takeaways: The U.S. Interior Department will hold 30 ocean oil drilling auctions in 15 years. This schedule was ordered by a new Republican-backed...

Oil Prices See Volatility After Israel’s Attack on Iran

Key Takeaways: Oil prices jumped but quickly fell back after Israel’s attack on Iran’s nuclear program. Global oil supply is strong, preventing a major...

US Buys Last Oil Batch for National Reserve Amid Ongoing Fuel Price Concerns

Key Takeaways: - The Biden administration confirms it has secured the last batch of oil for the Strategic Petroleum Reserve. - The Department of Energy bought...

California Faces Rising Gasoline Prices as Phillips 66 Shuts Down Wilmington Refinery

Key Takeaways: - Phillips 66 has announced that it will close its Wilmington refinery in 2023, reducing California's crude oil processing capacity by over 8%. -...

Tackling California’s Gasoline Crisis

Key Takeaways: - Governor Newsom calls a special legislative session to handle gasoline price hikes. - A new bill may enable the state to control minimum...

US and UK Retaliate Against Houthi Attacks on Shipping in Yemen

According to reports, the US and UK have launched a series of punitive air strikes across Yemen, escalating tensions in retaliation against Iran-backed Houthi...

Stock Market is Bullish After Gas Prices Rise

As millions of Americans travel across the country for the holidays, oil prices are up nearly 30 cents per gallon, according to a new...

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