US oil stockpiles offset Saudi Arabia supply worries
Oil prices fell on Wednesday as US crude stockpiles rose, with fears of further escalation in the Saudi Arabia and Houthis conflict
Oil prices fell on Wednesday as US crude stockpiles rose, with fears of further escalation in the Saudi Arabia and Houthis conflict
While running for the U.S. presidency in 2024, Donald Trump promised to do almost anything to benefit the oil industry. His slogan: "Drill, baby, drill." But his bold actions since retaking office have in many ways had the opposite effect.
Más de dos semanas después del anuncio del acuerdo petrolero entre Venezuela y Estados Unidos, hay opacidad sobre el mismo. El pacto recibe críticas en ambos países.
By almost any measure, the world should be suffering a far more severe energy crisis.
The ongoing disruption of oil exports through the Strait of Hormuz has caused a substantial decline in China's crude oil imports.