Oil is back above $110 a barrel. And this 156-year-old Dividend Aristocrat is sitting in an enviable position. When crude prices spike, not every oil company benefits equally. Some are more... Read more
Energy ministers from the Group of Seven nations will hold a virtual meeting Tuesday morning to discuss a potential release of oil reserves, sources told CNBC. The U.S. believes a joint rele... Read more
Oil tankers passing through the Strait of Hormuz “must be very careful,” the spokesman for Iran’s Ministry of Foreign Affairs told CNBC. The spokesman, Esmail Baghaei, also... Read more
Professional investors are reshuffling portfolios as crude oil surges past $100 a barrel , rotating into sectors tied to commodities while adding hedges against the risk that geopolitical te... Read more
Energy analysts warned that there was no limit for oil prices as they rose in response to the war in the Middle East. “There is no precedent for this. The sky is the limit,” Neil Atkinson, f... Read more
The Strait of Hormuz closure has caused the biggest oil supply disruption in history, according to Rapidan Energy. About 20% of global supply has been disrupted for nine days, more than doub... Read more
As the Iran War roils global energy markets, off-price retailers are likely to come under more pressure than other chain stores, according to Wolfe Research. That’s because those retai... Read more
By Parisa Hafezi and Maayan Lubell DUBAI/JERUSALEM, March 9 (Reuters) – Iran’s hardliners staged a show of force on Monday, taking to the streets to proclaim their loyalty to new... Read more
South Korea has vowed to impose a price cap as oil prices surge. This will be the first time in almost 30 years that the country has imposed such a cap. President Lee Jae Myung has also vowe... Read more
US stocks tumbled on Monday after crude prices surged past the $100-a-barrel mark amid fears of a prolonged Middle East conflict, with leading countries set to meet to tackle the oil supply... Read more
