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Washington's oil market hubris risks repeating the mistakes of the past — and threatens national security as well.
Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region ...
If oil prices rise and stay elevated, consumers will seek better options. Could it accelerate the shift to electric vehicles?
Akamai Technologies Inc. (NASDAQ: AKAM) is one of the best S&P 500 stocks with huge upside potential. On June 11, Akamai Technologies announced a strategic partnership with Cloudinary. Under the new ...
Compare the stock market’s valuation today with where it stood in October 1973, when that year’s Arab oil embargo was ...
Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...
By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent ...
The U.S. strike on Iran's nuclear site raises fears of a new oil crisis. Here's how the S&P 500 reacted during past energy ...
So far, the conflict between Israel and Iran hasn’t caused oil prices to spike too high, but economists are watching.
To call that a severe oil supply disruption would be a major understatement. Consider this… During the first oil shock in 1973, about 5 million barrels were removed from the global oil market.
Consider the numbers. Roughly 20% of the world’s daily oil supply – 20 million barrels accounting for nearly 30% of world oil trade – flows through the Strait of Hormuz, the narrow chokepoint ...