The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside.
Category: Oil (Petroleum) and Gasoline
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Summer Gas Prices at 4-Year Low as Israel and Iran Agree to Cease-Fire
A fragile cease-fire in the Middle East and an oil supply chain without significant disruptions have helped keep gas prices stable.
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How Japan and Alaska Pioneered the Global Market for L.N.G.
The leading role the United States plays in liquefied natural gas traces its roots to a small Alaskan outpost that began shipping the fuel to Japan in 1969.
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Stocks Rise and Oil Prices Fall as Israel-Iran Cease-Fire Begins
A second day of declining oil prices helped lift stocks. Energy costs are a primary expense for companies, making them an important factor in inflation calculations.
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White House Faces Risk of Economic Fallout From Iran Strike
President Trump, aware of how high gas prices could affect his popularity, demanded on social media that the U.S. “KEEP OIL PRICES DOWN.”
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The China Wild Card in the Iran Strike Aftermath
Beijing is one of Tehran’s most important economic partners. But experts question how much China will help Iran if it retaliates against the United States.
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Global Markets Dip as Traders Gauge Fallout From U.S. Strikes on Iran
Any disruption to traffic in the Strait of Hormuz would have significant economic effects, especially for Asian nations dependent on oil from the Middle East.
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Energy Markets Wait to See if Iran Will Close the Strait of Hormuz
Crude oil futures will begin trading at 6 p.m. Eastern time on Sunday, providing an early look at the market’s reaction to the U.S. strikes.
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Oil Markets on Edge After American Bombing of Iran
Fighting has the potential to disrupt oil markets, but a move by Iran to cut off supply would chiefly hurt China, the biggest buyer of Iranian oil.
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Large Oil Producers Around the Persian Gulf Ramp Up Exports
Saudi Arabia and other oil states are rushing to load tankers in case the Israel-Iran fighting spreads to export installations.
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The Markets Are Balancing on a Knife’s Edge
The world has been anything but peaceful, but you wouldn’t know that from looking at the markets.
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Hybrid Cars, Once Derided and Dismissed, Have Become Popular
Automakers and car buyers are taking a second, harder look at hybrids after leaving them behind for electric vehicles.