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News
Middle East, Ukraine just dealt another blow to your wallet
14+ hour, 22+ min ago (982+ words) If you're expecting to fill up a gas tank or a truck with diesel fuel in the next few days, don't be surprised that prices are higher. Wholesalers in the United States and elsewhere have been telling customers they're raising…...
Oil Tanker Rates Hit Record Highs as Middle East Shipping Risks Soar
3+ day, 3+ hour ago (373+ words) Oil tanker rates have jumped to record highs as escalating risks to shipping in and out of the Middle East are prompting traders and tanker operators to undertake inefficient and more expensive trade routes. While the crude oil supply is…...
The Trump Administration says more oil exited the Middle East this week than before the Iran war, but the data says otherwise
1+ week, 3+ day ago (669+ words) U.S. Energy Secretary Chris Wright raised eyebrows in energy markets Wednesday when he said more oil exports left the Middle East on Monday—between the Strait of Hormuz and alternative routes—than before the beginning of the Iran war. While crude…...