The two biggest U.S. oil companies joined the growing chorus of voices sounding the alarm on the imminent doom global markets could soon face. With the Strait of Hormuz still effectively clo... Read more

Oil tanker traffic through the Strait of Hormuz may not return to prewar levels even if the U.S. and Iran reach a deal. Ship traffic in the Red Sea, for example, plummeted in early 2024 due... Read more

When an underwater volcano erupted in the South Pacific in January 2022, it sent a plume of ash, steam and gas nearly 40 miles above the Earth’s surface. It was one of the most violent volca... Read more

By Sheila Dang and Kemol King HOUSTON/GEORGETOWN, May 30 (Reuters) – Guyana was already the world’s fastest growing economy before the U.S.-Israeli war on Iran drove up oil prices. Now... Read more

Myra P. Saefong, assistant global markets editor, has covered the commodities sector for MarketWatch for 20 years. She has spent the bulk of her years at the company writing the daily Future... Read more

The international oil benchmark fell just over 19% in May, its worst month since March 2020 when the Covid-19 pandemic closed economies. President Trump indicated he might make a decision so... Read more