Goldman Sachs has sharply raised its forecasts for diesel refining margins in the United States and Europe. Damaged refineries, low stocks and export curbs are tightening supply, with the bank…
Edward Byrd2 min read
Ukrainian drones struck the Afipsky refinery in Krasnodar, sparking a fire and deepening Russia's fuel crunch. Here's how the strikes are reshaping global diesel markets.
James Stephens3 min read
Iran's Revolutionary Guard warns that continued U.S. interference in the Strait of Hormuz could spark wider disruption, as oil prices jump and ship traffic through the chokepoint slows to a…
Holly Herrera3 min read
Oil prices inch up as Iran claims new strikes on U.S. bases in Kuwait and Bahrain, even as more tankers slip through the Strait of Hormuz and Saudi Arabia pushes…
Edward Byrd3 min read
South Korea has charged its four major refiners with coordinating fuel price hikes after the Israel Iran war began, in a case prosecutors say caused $17 billion in harm.
Holly Herrera1 min read
Crude oil is climbing fast as U.S. strikes on Iran and tanker attacks near the Strait of Hormuz choke off supply. Here is what is driving the surge and what…
Edward Byrd3 min read
Iran strikes U.S. bases across three countries while Houthi attacks threaten a second oil chokepoint, as energy majors post record profits amid the widening Middle East war.
James Stephens6 min read
Oil prices surge as Iran tensions widen after weekend U.S. strikes and Iranian missile attacks on five Gulf allies. Here's what's driving the crude rally and where it could go…
Edward Byrd3 min read
Oil prices jump on renewed US Iran hostilities as strikes near the Strait of Hormuz shake markets. USO surges 4.38% as traders reassess supply risk and short positioning.
Jake Fox3 min read
Natural gas fund UNG climbed 1.12% as attention turns to the spark spread, the metric revealing whether gas fired power plants are making or losing money right now.
James Stephens4 min read
Why does one Louisiana pipeline junction set natural gas prices worldwide? Henry Hub's role in NYMEX futures and global LNG contracts explains how supply, demand and geography shape energy markets.
Jake Fox4 min read