Investors wrestled with uncertainty about the cease-fire between the United States and Iran.
Category: Oil (Petroleum) and Gasoline
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U.S. Nears Loan to Rescue Spirit Airlines
The Trump administration is negotiating a deal that would provide as much as $500 million to the struggling company, which is in its second bankruptcy in two years.
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Bessent Backs Financial Support for Oil-Rich U.A.E.
The Treasury secretary said that currency swap line would benefit both the United Arab Emirates and the United States.
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Supreme Court Rejects Oil Company Argument in Fight Over Great Lakes Pipeline
The justices sided with Michigan officials, who have raised environmental alarms and pushed to decommission an aging section of the pipeline.
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Oil Prices Creep Up as Investors Weigh Cease-Fire Extension
Oil prices stablized as investors scrambled to make sense of President Trump’s decision to extend the cease-fire with Iran
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Hoarding Is Driving Energy Prices Higher Everywhere
As wealthy nations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries.
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Strait of Hormuz May Not Return to Normal, Whether It’s Open or Closed
The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.
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Oil Prices Recede and Stocks Gain as Investors Eye Peace Talks
Oil prices pulled back and stocks inched higher as investors looked to the possibility of a second round of peace talks between the United States and Iran.
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The Peace Rally Gets Derailed
Oil prices are climbing and global stocks are falling as investors worry about the prospects for a speedy end to the war in the Middle East.
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Why Gas Prices Go Up Fast and Take So Long to Fall
Fuel station owners take some of the hit for consumers when oil prices surge. On the way down, they try to get their money back.
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Oil Prices Jumped and Stock Futures Fell on Renewed Iran Conflict
Traders, hopeful on Friday that a peace deal was near, were digesting the developments over the weekend.