An analysis of oil export data offers clues about which nations have benefited from higher prices, and which have lost a lot of revenue.
Category: Commodities
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Why U.S. Oil Companies Are Not Plugging the World’s Energy Gap
American producers are under pressure from investors to keep spending in check, and they are wary of drilling more wells because they are not sure oil prices will stay high.
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Ford Reports Higher Profit Thanks Partly to Tariff Refund
Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that were later struck down by the Supreme Court.
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Iran War Drives Deeper Oil Shock Than Prices Reveal
The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices that many people track don’t fully capture the scale of the disruption.
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The Iran War Has Prompted Some Companies to Raise Prices
Delta Air Lines, Amazon, the United States Postal Service and others have said they are raising prices because of higher energy costs connected to the war in Iran.
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Oil Prices Fall, but Energy Firms Remain Frozen After U.S.-Iran Deal
Analysts said oil and natural gas energy companies would not quickly restore production unless attacks stopped and ships started moving through the Strait of Hormuz.
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Europe Heads for Another Energy Shock in a Vulnerable State
The region’s stores of natural gas are running at the lowest level in years, and filling them up is increasingly daunting as the U.S.-led war in Iran pushes up prices.
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War in Iran Will Push U.S. Inflation Above 4 Percent, O.E.C.D. Forecast Says
Higher energy prices and uncertainty over the war in the Middle East will boost inflation and weigh on economic growth, a new forecast says.
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Iran’s South Pars Gas Field Is Attacked, Sending Energy Prices Soaring
The field is part of a vast gas reservoir shared by Iran and Qatar. The strike appeared to be one of the most significant attacks on an energy site since the U.S.-Israeli air war against Iran began.
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How the Iran War Could Hit Americans’ Wallets
Gas prices are rising, with the cost of food likely to follow. If the conflict drags on, the fallout for consumers could worsen, experts warned.
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Aluminium, Helium and Sulfur: The Iran War Is Affecting More Than Oil
Prices of some commodities are already rising, while stockpiles of others could dwindle as the war drags on.
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Oil Falls and Stocks Rise After a Day of Drastic Swings
The price of oil had spiked to nearly $120 a barrel on Monday, drawing remarks by President Trump that he believed the war on Iran was “very complete.”