Prices of oil and other commodities are expected to jump when trading resumes on Sunday, but how long they will stay high will depend on what the United States, Israel and Iran do next.
Category: Oil (Petroleum) and Gasoline
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Oil Shipments in Persian Gulf Already Disrupted by Iran Attack
Tankers have begun to steer clear of the region and the Strait of Hormuz, threatening to push up energy prices.
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With a New Nigeria Refinery, Africa’s Richest Man Wants ‘to Rescue the Country’
Aliko Dangote, Africa’s richest man, has an ambitious vision for the continent’s most populous nation, but hurdles stand in his way.
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Germany’s Oil and Gas Output Is Dwindling as Prices Rise
Natural gas production in Germany has fallen about 80 percent in the past two decades even as the country seeks to replace flows from Russia.
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Abu Dhabi’s State Oil Company Looks Beyond Oil
Having reshaped the company, Sultan Ahmed Al Jaber wants to expand internationally, particularly in natural gas, chemicals and renewables.
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For India, Buying Russian Oil Just Got More Complicated
India’s prime minister acceded to many of President Trump’s demands under pressure of heavy tariffs. It would be awkward to reject them now.
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Jittery Markets Seek an Iran ‘Off-Ramp’
Oil prices spiked and stocks fell as tensions between Washington and Tehran unnerved investors.
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Uber Taking Steps to Expand Number of EV Chargers Near Its Drivers
The company said it would encourage companies that operated chargers to install them in neighborhoods where its drivers lived and work.
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Chevron Points to Venezuela’s Promise as Big Oil Earnings Fall
The two largest U.S. oil companies, Chevron and Exxon Mobil, reported their lowest annual profits in years.