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The United States and Venezuela have entered a sweeping energy agreement that could reshape the relationship between the two countries and significantly expand American access to Venezuelan crude. Announced by President Donald Trump on...
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Two very different parts of the financial market moved higher this week. Global oil prices climbed to their highest closing levels in nearly a month as uncertainty around the Strait of Hormuz continued to...
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Global financial markets experienced fresh movement as oil prices climbed, Treasury yields shifted, and investors looked for stability following major policy statements. Rising concerns about energy supplies pushed crude prices higher, while bond markets...
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A full ban on oil imports would be a major blow to Russia’s economy. As punishment for their ongoing invasion of Ukraine, numerous first-world countries have been hitting Russia with a variety of sanctions,...
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Oil industry considering the future of fuel Occidental Petroleum Corp. unveils a new plan for America’s biggest oilfield located in the Permian Basin with the goal of altering views of fossil-fuel emissions. Occidental will...
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Denmark Says “We’re Good” President Trump is reportedly interested in purchasing Greenland from the Danish government. However, authorities on the island say Greenland is not for sale. Greenland is technically part of Denmark but...