The Trump administration will unveil a plan on Tuesday to combat the rise in oil prices triggered by the U.S. military strikes against Iran, Secretary of State Marco Rubio said Monday.
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The closure of the Strait of Hormuz by Iran is sending shockwaves across global energy markets, with Asia expected to face the maximum pain.
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Woodside Energy, Australia’s biggest LNG producer, on Tuesday warned that expectations of a major disruptive glut should not be taken at face value, as demand will remain strong and not all planned projects may proceed.
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Gavin Newsom complains of “faux outrage” over his comments to a largely black audience in Atlanta about his SAT scores, in which he implied a shared lack of ability. No state makes more of its “enlightened” stance on racial justice than California. But few states…
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A coalition of OPEC, Russia and allied oil-producing nations agreed Sunday to boost output by a larger-than-expected amount in a move that could help offset any shortfall from Iran amid this weekend's strikes.
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President Donald Trump claimed in his Tuesday night State of the Union speech that Americans worry that “we are winning too much” under his administration. That assessment does not apply to everyone in the U.S., judging by recent public opinion polls, but it rings surprisingly true…
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Oil prices jumped more than 10 percent Sunday night, underscoring the political risks of President Donald Trump’s military strikes against Iran.
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The price of oil is expected to soar on Monday as the US-Israel war on Iran and the effective closure of the crucial strait of Hormuz rattles investors despite major producers’ pledges to increase its output.
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Data centers could double their current share of U.S. power by 2030, consuming 9 to 17 percent of electricity generation by decade’s end as companies plan more and larger projects, according to a new analysis.
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HOUSTON, Feb 26 (Reuters) - Venezuela's oil ministry has suspended 19 oil production-sharing contracts with private companies signed under the administration of President Nicolas Maduro, four sources with knowledge of the move told Reuters.
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