Goldman Sachs Raises Oil Price Forecast Yet Again
Goldman Sachs once again raised its outlook for oil prices, now seeing Brent crude at an average of…
Which countries are most vulnerable as US imposes its own blockade in Persian Gulf?
As the US imposes its own blockade on shipping through the Strait of Hormuz following the collapse of…
Why the Real Oil Crisis Hasn’t Started Yet
It’s been a month since the Strait of Hormuz was effectively closed, and the “shockwave” of higher prices…
Insiders profit as Iran war pressure points build on global economy
Winners are thin on the ground right now. In a case of rather unfortunate timing, US President Donald…
Oil Prices Spike as Iran Denies U.S. Talks and Traders Refocus on Supply Risk
Oil prices were spiking again in early Asian trade on Tuesday, reversing part of the previous session’s steep…
Iran oil crisis is the worst energy shock ever recorded. World leaders aren’t ready, says IEA chief
The oil crises of the 1970s prompted a range of policy changes that still exist today. For one,…
Goldman Boosts Oil Price Forecast by $8 for Brent and $7 for WTI
Brent crude is seen averaging $85 per barrel this year, and West Texas Intermediate could see an average…
Iran strikes Gulf energy sites as Brent crude jumps
Kuwait said Friday its Mina Al-Ahmadi oil refinery again came under attack by Iranian drones, which sparked a…
Oil Prices Slide as Netanyahu Signals Iran War Could End Soon
Oil prices pulled back sharply on Friday, reversing part of the previous session’s surge, after Israeli Prime Minister…
Iran launches drone attacks on Gulf states
Blast rocks Tehran after Israel threatened to target area of government-organized rally The United States is decimating the…
Oil prices surge toward $100 as IEA calls war in Iran ‘the largest supply disruption’ in history
Twenty-four hours after the International Energy Agency (IEA) announced a 400 million-barrel release from the Group of Seven…
Oil Prices Soar as Iran Conflict Threatens Middle East Supply
Iranian President Masoud Pezeshkian has praised the appointment of Mojtaba Khamenei as the country’s new supreme leader, calling…