Governments have stockpiled oil, and cars are more efficient but the supply shock is global, and there’s no sense of when it’ll end.
Experts explain what’s going on and when you might see a change on your monthly bill.
Heating costs are soaring for millions of Americans amid the ongoing Iran war. Why It Matters. The United States and Israel struck Iran in a military operation dubbed Operation Ep ...
Iran war may drive a 1B barrel oil deficit, fueling higher prices and weaker GDP. Read more macro analysis here.
Tensions in the Middle East following U.S.-Israeli strikes in Iran have disrupted global oil and gas supplies and pushed up prices. This has raised questions about the amount of oil reserves the ...
Distillate production also rose, climbing by 132,000 b/d to 4.944 million b/d, according to EIA. With distillate demand strong and refining margins high, refiners during the week produced about 11% ...
U.S. crude oil prices have topped $100 a barrel since the U.S.-Israeli strikes on Iran. But this isn't the first time prices have gone this high.
March 10 (Reuters) - U.S. crude oil exports decreased 3% in 2025 from 2024, the first annual decrease since 2021, the U.S. Energy Information Administration said on Tuesday. The U.S. exported 4.0 ...
Oil prices surged to the highest level since 2022 amid Iran war concerns, reaching $115 per barrel before falling more than 8 ...
The U.S. Energy Information Administration sharply revised its oil price outlook in its latest Short-Term Energy Outlook (STEO) based on the growing impact of the Middle East conflict and the near sta ...
Mark Rachal explains how the current conflict between the United States and Iran is impacting the global propane market.
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