Latest Updates Around The World
Cheap energy should be the easy win for the Trump administration. Instead, oil markets are moving in the opposite direction. Crude oil briefly rose to around $119 a barrel, the highest level since 2022, as escalating tensions between the US, Israel and Iran roiled global energy markets. The spike is a reminder of how quickly […]
Friday, Chairman Donald Trump urged US oil industry leaders to commit $100 billion to rebuild Venezuela’s devastated petroleum sector following the elimination of the oil industry Nicholas Maduro. Trump makes oil investments while Venezuela waits for reconstruction During a meeting at the White House with executives from ExxonMobil (NO Chevron (NYSE:CVX), ConocoPhillips (NYSE:COP) and other […]
Market uncertainty Redefines energy strategies This year, the energy sector has been in less than stable territory, with crude oil prices fluctuating due to a potent mix of trade disputes, supply chain upheavals and geopolitical unrest. From the Gulf of Mexico to the Middle East, traditional market cycles have given way to a deep restructuring […]
