Oil prices will be stuck at high levels for a while as the supply shock from the Iran war has reached a "critical breaking ...
Permabear David Roche says he thinks the world is facing a 10% oil and gas shortage even with an Iran war peace deal.
Data from Kpler and LSEG indicate that US jet fuel exports to Europe are estimated to be between 149,000 and 200,000 barrels ...
It may not be the early sufferers who experience the most pain if the Strait of Hormuz stays closed for a prolonged period ...
US investment bank Goldman Sachs says we are facing the “worst oil crisis in history” as a result of the shut down of Gulf state hydrocarbon exports. A Goldman Sachs report represents an upgrade in ...
Overnight and from a war no one wanted, the global economy has turned on its head. Restrictions in the Strait of Hormuz have cut the world approximately 20 percent of its oil supply, raising prices ...