Canada will look at ways to increase its crude production to ​help global efforts to stabilize oil ‌prices in the face of the Iran war, Natural Resources Minister Tim Hodgson said Wednesday.
US indices slip midday as oil prices and war risks pressure sentiment. Nasdaq 100 stalls between major averages as traders watch $100 crude for stock market direction.
Crude-oil prices haven't been this volatile in years — and individual investors can't seem to get enough.
Dealmaking in the international upstream oil and gas market remained subdued for the second straight year in 2025, totaling just $18 billion, ​analytics firm Enverus said on Wednesday.
Here's what every oil investor needs to know. Crude oil markets are cyclical and driven by real fundamentals like supply and demand, unlike "meme stocks" which trade on hype.
A sale of drilling ‌rights in the Gulf of Mexico on Wednesday ended with $46.98 million in high bids from oil and gas companies, ​with a single bid from BP accounting ​for nearly half of the tot
The IEA agreed to discharge 400 million barrels from emergency oil reserves, the largest-ever release, as governments seek to contain a price spike driven by the Middle East war. -------- More on Bloo
Liz Ann Sonders with @CharlesSchwab says the IEA's oil reserves release will take “a couple hundred days” to actually move to the places it's needed. She thinks the only thing that will settle the
U.S. President Donald Trump praised the "tremendous impact" of decisions ​being made on Wednesday as ‌leaders of the Group of Seven Nations met to discuss war in Iran ​and its economic consequen
The International Energy Agency will release 400 million barrels of oil from reserves as governments try contain energy prices driven higher by the war with Iran. IEA Director Faith Birol made the ann
Crude oil inventories increased by 3.8 million barrels last week as exports fell and refineries raised their capacity use, according to the U.S. Energy Information Administration.
Reports hit the tape as soon as Kevin Green kicked off his coverage, with President Trump saying that the war in Iran will end soon. KG believes the headline is critical with investors searching for a
The International Energy Agency on Wednesday agreed to release 400 million barrels of oil to address the supply disruption triggered by the Iran war, the largest such action in the organization's hist
Crude oil has another choppy day on Wednesday, as the market continues to move back and forth with the latest headlines coming out of the Persian Gulf.
On the Big Take podcast, Stacey Vanek Smith and Javier Blas discuss why the global economy is so sensitive to oil price spikes — and how long the impact of even a brief spike can last. -------- More
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