Qatar’s energy minister rejects Bessent’s Strait of Hormuz ‘worthless’ prediction
Qatar's Energy Minister Saad al-Kaabi has rejected US Treasury Secretary Scott Bessent's claim that the Strait of Hormuz will become…
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Exxon nears preliminary deal to return to Venezuela’s oil fields
ExxonMobil is nearing a preliminary agreement with Venezuela's state-owned PDVSA that could mark its return to the country after nearly…
Chevron CEO Warns Oil Market’s Safety Buffers Are Exhausted
Chevron CEO Mike Wirth told an energy conference at the University of Texas at Austin that the mechanisms that cushioned…
US gasoline hits $4.47 as diesel sets record ahead of holidays
The U.S. national average gasoline price hit about $4.47 a gallon on Sept. 18, up 4% in a week, while…
Iran says Strait of Hormuz will stay closed, deepening US tensions
Iran has declared the Strait of Hormuz will stay closed until unspecified conditions are met, deepening its standoff with the…
