An about 20% rise in the global price of a barrel of oil is predicted if Israel launches missile attacks against Iranian oil ...
While Iran can export 1.7 million barrels, Saudi Arabia, alone, has been able to increase production by three million barrels per day. President Joe Biden stated he was opposed to strikes on Tehran’s ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
OPEC+ has enough spare oil production capacity to offset any supply shocks from Iran if tensions escalate further.
Goldman Sachs said on Friday that it expects its Brent price forecast to peak $10-$20 per barrel in 2025 due to potential ...
Increasing geopolitical tensions and concerns about production levels have been fueling volatility in the energy markets ...
We recently made a list of Goldman Sachs’ Top Fund Manager Stock Picks: 25 Best Overweight Stocks. In this piece, we will ...
Federal Trade Commission actions appear to support Democratic concerns about oil price manipulation. It's something the ...
An already spooked energy market received further jitters on Friday after U.S. President Joe Biden suggested Israel targeting ...
The Texas automotive industry is rising thanks to electric vehicle factories, and computer sciences are transforming San ...
Oil markets are on edge this week as traders try to anticipate impacts on oil supplies from a potential major retaliation on ...
U.S. dockworkers agreed to return to work after port operators sweetened their contract offer, ending a three-day strike that threatened to disrupt the American economy. The breakthrough Thursday came ...