Oil Prices Fall for Third Day as WTI Slips Below $100
Oil prices fell for a third day Friday, with WTI crude slipping below $100 a barrel as expectations of restored Saudi pipeline flows eased immediate supply concerns.
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Saudi Arabia is now pushing to export more oil through the Strait of Hormuz
With its East-West pipeline shut down, the Straight of Hormuz is the best avenue available and its spigot has recently opened up. Will it last?
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U.S. Natural Gas Futures Inch Down in Choppy Trade
U.S. natural gas futures ended a choppy session little changed with some support from a below-average weekly storage build that trimmed the inventory surplus.
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Is Fuel-Export Ban Trump's Last Option to Ease Prices? How It Could Work
Any ban would likely target diesel, which has come in short supply globally, and be short-lived to avoid disruptions.
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Holtec Just Scrapped Its IPO-But Don't Burn Out on Nuclear Stocks Yet
The New Jersey-based company said the move was because of "market conditions." The market is shaky because the nuclear euphoria of the pas two years has worn off.
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Here's What the World Is Doing (and Not Doing) to Stave Off the Next Oil Shock
The great fuel crisis is here, talk of a diesel export ban is heating up and the EPA just rolled back power-plant emissions rules.
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Energy & Utilities Roundup: Market Talk
Find insight on oil, Drax, European gas prices and more in the latest Market Talks covering Energy and Utilities.
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Exxon Is Nearing Preliminary Deal to Invest in Venezuela's Oil Fields
The company is negotiating a potential return to the Latin American country 19 years after its exit.
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House Passes Bill to Punish Top Importers of Russian Oil and Gas
President Trump is expected to sign the legislation that gives him new authority to level tariffs.
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Harold Hamm's Continental Resources Signs Preliminary Oil Deal in Venezuela
The company, led by one of President Trump's closest allies in the U.S. oil industry, said it would explore one of Venezuela's undeveloped oil fields.
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U.S. Crude Oil Stockpiles Post Moderate Draw
U.S. crude oil inventories fell for a third consecutive week while gasoline and distillate stocks saw increases.
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Americans Have Spent $100 Billion More on Fuel During the Iran War
Higher gasoline and diesel prices have led many families to save less and curb spending elsewhere.