StanChart: $95 Per Barrel Is The New Oil Price Equilibrium
Oil prices were rallying again on Wednesday after Iran’s Islamic Revolutionary Guard Corps (IRGC) captured two commercial vessels…
Standard Chartered: Oil Price Correction Is Likely Overdone
Oil prices have declined by the biggest margin since the Iran war began in late February, with Brent…
Top economist says the U.S. role in the world is being eroded
On Tuesday, the U.S. and Iran agreed to a two-week ceasefire in a last-minute deal before President Donald…
Australia given fuel supply assurances as plans in works for visit by Japan’s prime minister
Fuel will continue to flow from Japan into Australia under assurances given during recent talks between the two…
Gas just hit $6 in L.A. Here’s where you can still find it for $5
The cost of gasoline hit an unwelcome benchmark in the Los Angeles area on Tuesday as the average…
As Oil Surges To $80, China’s Stockpiles Become Strategic Leverage
China has been amassing crude in strategic and commercial reserves for nearly a year—propping up oil prices throughout…
Oil’s Problem Isn’t Iran or Russia — It’s Too Much Oil
Crude oil prices are in retreat after rising on the possibility of U.S. strikes on Iran. Before the…