Satellite imagery revealed a massive suspected oil slick spreading near Kharg Island, Iran’s main oil export terminal, in what experts say could be evidence that Tehran’s oil infrastructure... Read more
Oil prices are higher now than they were when President Donald Trump returned to the White House in January 2025. But Trump posted a wildly deceptive chart on Friday that wrongly suggests oi... Read more
(Bloomberg) — US gasoline prices have a legitimate chance of rising to $5 a gallon as refiners prioritize jet-fuel production at the expense of other products, according to analysts at... Read more
WASHINGTON—The U.S. Department of Energy’s (DOE) Hydrocarbons and Geothermal Energy Office (HGEO) today announced the selection of a new project with $36 million in federal funding for the U... Read more
The U.S. military said it struck two Iran-flagged unladen oil tankers in the Gulf of Oman. The strikes prevented the vessels from entering an Iranian port in violation of a U.S. naval blocka... Read more
Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of May, according to a University of Michigan survey Friday. “Taken together, consumers co... Read more
The crowd at a California gubernatorial debate gasped and groaned after Republican candidate Chad Bianco suggested Democratic candidate Katie Porter take his advice on how to be a proper mot... Read more
Devon Energy should continue to rally even if the oil rally fizzles as bullish catalysts line up for the stock — including the closing of its merger with Coterra — according to Jefferies. Th... Read more
Fast food chains across the United States are supercharging their value menus to win over cautious customers who are coping with sky-high gas prices. McDonald’s this week reported sales grew... Read more
From Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals’ comments.Content discla... Read more
