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A satellite image of the Sounion crude oil tanker floating in the Red Sea, showing bright spots of fire or glowing heat across the deck of the ship. The tanker is surrounded by dark blue water with visible patches of smoke trailing behind it. The vessel appears stationary with no visible crew or other vessels nearby.
EnvironmentSalvagers abandon burning oil tanker at risk of spill 4X the size of Exxon Valdez
By Jon Gambrell and The Associated PressSeptember 3, 2024
oil tankers at berths
FinanceOil markets may soon get hit by a global supply glut, weakening crude prices further
By Lucia Kassai and BloombergAugust 11, 2024
Iranian leader Ali Khamenei
FinanceOil price surges after assassination of Hamas leader in Iran, sparking new fear of war and inflation
By Christiaan HetznerJuly 31, 2024
woman fills up car at gas station
FinanceGas prices are headed lower amid weak demand, even during peak driving season, according to Wall Street’s short bets
By Jordan Fitzgerald and BloombergJuly 8, 2024
Oil tanker with tugboat at sea
FinanceThe world’s largest oil importer flashes a warning about demand and crude prices
By Bill Lehane and BloombergJuly 6, 2024
pump jack and oil barrels
FinanceOPEC+ extends oil production cuts through all of 2025 to help prop up weaker crude prices
By David McHugh and The Associated PressJune 2, 2024
Schumer and 22 Senate Democrats demand DOJ crack down on oil industry price-fixing
PoliticsSchumer and 22 Senate Democrats demand DOJ crack down on oil industry price-fixing
By Matthew Daly and The Associated PressMay 30, 2024
polar bear near water
EnvironmentThe last piece of private land in this strategic corner of the Arctic is on sale for $323 million as geopolitics and the climate heat up
By Sarah Rappaport and BloombergMay 10, 2024
Austin-based company fined for releasing 7.6 million pounds of gases known to cause respiratory issues into New Mexico
EnvironmentAustin-based company fined for releasing 7.6 million pounds of gases known to cause respiratory issues into New Mexico
By Susan Montoya Bryan and The Associated PressApril 29, 2024
workers on an oil rig position a drill
FinanceOil and gas companies are swimming in so much cash that they’re cutting back on borrowing at a faster pace
By Tim Quinson and BloombergApril 29, 2024
an Israeli F-15 fighter jet
FinanceInvestors are ‘a frog in boiling water’ after brushing off the Iran-Israel conflict too quickly, top economist says 
By Jason MaApril 20, 2024
CEO of Royal Dutch Shell Ben van Beurden speaks about "Energy transition was never going to be easy" at Altice Arena.
EnvironmentKKR is entrusting its multibillion-dollar green transition to the former CEO of oil-guzzling giant Shell
By Ryan HoggApril 17, 2024
Jerome Powell looks on before speaking
FinanceIsrael-Iran conflict will add to Fed’s caution on rate cuts as oil prices may disrupt inflation fight—but China and OPEC+ could ease pressure, Capital Economics says
By Jason MaApril 14, 2024
New York Stock Exchange traders
FinanceHere’s what Wall Street expects from financial markets after Iran’s attack on Israel. ‘The risk is if this situation escalates and there is contagion in the region’
By Srinivasan Sivabalan, Ye Xie, Thyagaraju Adinarayan and BloombergApril 14, 2024
oil workers in Texas
FinanceOil prices jump to 6-month high as U.S. sends more military assets to Mideast ahead of a possible Iranian attack on Israel
By Julia Fanzeres and BloombergApril 12, 2024
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