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How 50 days of the Iran war led to the loss of $50 billion worth of oilGlobal oil markets have lost over 500 million barrels since the Iran conflict began, worth nearly $50 billion. Supply disruptions across th...
US stocks today: Dow falls over 300 points as failed US-Iran talks unsettle investorsWall Street slipped as failed US-Iran talks and a US naval blockade on Iranian ports revived geopolitical risks, denting market sentiment. ...
Why are US stock market futures down today, and will Dow Jones, S&P 500 and Nasdaq stay in red or turn green again? Wall Street futures, US stocks to watch out for, analysts insights, market outlook and what should investors do nowWhy are US stock market futures down today, and will Dow Jones, S&P 500 and Nasdaq stay in red or turn green again? Wall Street futures fel...
High oil and gas prices could outlast Trump's war with IranThe war with Iran is causing oil and gas prices to surge globally. President Trump believes prices will fall rapidly once the conflict ends...
Iran war puts at risk key pipelines, terminals and refineries that supply the world with oil and gasThe ongoing Iran war is severely impacting vital oil and gas infrastructure around the Persian Gulf. Drone strikes and the closure of the S...
Venezuela’s oil comeback: Windfall or risky bet?Donald Trump is encouraging American companies to invest billions in Venezuela's oil sector. However, extracting this heavy oil requires ma...
India ships first jet fuel cargo to US West Coast, traders sayIndia has made its first-ever jet fuel export to the U.S. West Coast. This shipment is for energy major Chevron. It aims to fill supply gap...
Video: Massive blaze at Chevron refinery engulfs California sky in orange: Los Angeles residents say ‘thought we got nuked'A massive fire erupted at a Chevron oil refinery in El Segundo, Los Angeles, on Thursday night following a suspected explosion. Towering fl...
Shares of US, European airlines rise up to 10% on hopes of Israel-Iran truceShares of U.S. and European airlines rose on Tuesday, while oil prices declined on expectations that a ceasefire between Israel and Iran wo...
Companies’ addiction to junk carbon offsets is killing the planetA Kyoto University study found that large corporations, such as Shell and Chevron, mostly purchased low-quality carbon offsets that fail to...
COP28: Almost every rich country is preaching far more than it deliversDespite 27 conferences since the 1990s, with ominous speeches and bold promises, global emissions have increased, punctuated only once, by ...
In a warming world, clean energy stocks fall while oil prospersThe shares of a broad range of clean energy companies have been crushed lately, in a rout that encompasses just about every alternative ene...
Oil prices rise on large US stockpile draw, hurricane jittersBrent crude futures for October rose 17 cents, or 0.2%, to $85.66 a barrel by 0133 GMT. The October contract expires on Thursday and the mo...
Sandesara brothers, fighting fraud charges in India, are flourishing in NigeriaThe Sandesara brothers, Gujarati businessmen who left India in 2017, deny cheating their lenders and say they are victims of political pers...
Warren Buffett's firm reports $2.7 billion loss on investment dropBerkshire Hathaway reported a quarterly loss Saturday of $2.7 billion, or $1,832 per Class A share. That's down from a $10.3 billion profit...
Old warhorse beats Tesla and meme stocks on Wall StreetThe cyberattack on Colonial Pipeline Co.’s fuel distribution line along the U.S. Eastern Seaboard didn’t do much damage to refining stocks,...
Big oil loses refining crutch with margins crushed last quarterThe third quarter will provide little respite to the supermajors with three out of the five expected to post losses.
Oil majors, governments haggle over sharing pain of deepest cuts yetOil majors have traditionally escaped big cuts in Opec nations.
- Time to scrap BP brand? Gas-station owners divided
BP gas station owners across America are divided over whether the oil giant stained by its handling of the Gulf spill should rebrand US out...
- RIL-RPL merger: A fair deal for all?
Reliance Industries Ltd, known to have pioneered the shareholder culture in India, was guided by a simple philosophy while merging Reliance...