Chevron is set to sign two memoranda of understanding on Friday that will advance its plans…
Tag: oil
Oil prices decline amid US-Iran tensions, remain elevated
Oil prices settled lower on Thursday, July 16, but remained near their highest levels since mid-June…
US gas prices near $4 as diesel tops $5 amid Iran conflict
US gas prices have surged to an average of $3.94 per gallon, increasing 15 cents in…
India raises windfall tax on diesel, ATF exports amid oil
India's government has nearly doubled the windfall tax on diesel and aviation turbine fuel (ATF) exports…
US Strikes Oil Tanker in Strait of Hormuz Amid Tensions
The U.S. military disabled an unladen oil tanker in the Strait of Hormuz on Thursday, escalating…
U.S. Crude Inventories Fall 1.7 Million Barrels Amid
U.S. crude oil inventories decreased by 1.7 million barrels for the week ending July 10, according…
Iran War’s Aftermath Could Disrupt Global Oil Supply Chains
The ongoing conflict in Iran is expected to have lasting effects on global oil supply chains,…
US and Iraq Discuss Oil Deals Amid Iran Tensions
During a meeting at the White House on Tuesday, U.S. President Donald Trump and Iraqi Prime…
Oil Prices Rise as Iran Threatens to Close Export Corridors
Oil prices increased for the fourth consecutive day on Wednesday as tensions escalated in the Strait…
Iranian Oil Tankers Seek Refuge in Pakistan Amid US Blockade
Two tankers carrying a combined 1 million barrels of Iranian crude oil have redirected to Karachi,…