Oil Futures Pick Up After Losing Streak
Oil futures settled higher following five sessions of losses, with WTI rising 1.8% to $92.16 a barrel and Brent up 3.9% to $103.08 a barrel.
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U.S. Crude Oil Stockpiles Post Unexpected Build
Commercial crude oil stocks rose by 3 million barrels last week. Analysts had expected crude stocks to fall by 500,000 barrels.
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Energy Secretary Hints at Voluntary Cap on Diesel Exports, Rather Than Ban
The oil industry is warning that a ban risks creating unintended consequences that would throttle fuel supplies.
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Yemen's Houthis, Threatening Global Oil, Are Increasingly Supplied by China
Chinese firms are the biggest source of seized goods bound for the militant group.
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Trump's Oil Allies Fear Losing Battle in Bid to Stop Diesel-Export Limits
American oil companies are fiercely opposed to the president's nascent plan to curb exports of diesel, but vulnerable Republicans are putting pressure on him.
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The Global Fuel Crisis Is Driving Up the Costs of Home Heating Oil, Too
Homes in the Northeast and Alaska are especially dependent on heating oil in winter.
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Saudi Arabia Spent Months Trying to Bypass Hormuz. For Now, There's No Way Around It.
With its Red Sea bypass route disrupted by attacks from Yemen and Iraq, the world's oil kingpin is returning to the waterway it was trying to avoid in the first place.
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Iran's President Gets Rare Opportunity to Make His Case to the World
Masoud Pezeshkian is expected to speak at the United Nations on Wednesday, giving him a platform to rail against the U.S. and try to sway the world to Iran's side.
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Trump's AI Strategy and Diplomatic Push Take Center Stage at the U.N.
Potential deals with Iran and Ukraine could offer relief to oil markets, while talks with China's Xi Jinping point to a new phase in global AI competition.
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U.S. Proposes $5 Billion to Kickstart Fund to Rebuild Gulf Energy Sites
The proposal is under discussion with several Middle Eastern countries including Saudi Arabia and U.A.E.
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Qatar Says It's Ready to Resume LNG Operations Within Weeks of Hormuz Reopening
Qatar, one of the world's top three LNG exporters before the Iran war, halted production earlier this year following attacks on its export hub and after the near-closure of the Hormuz strait.
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What an AI Slowdown Would Mean for Energy Stocks
Three scenarios for investors if the AI buildout slows down.