The International Energy Agency is lowering its world oil demand forecast for the year, noting that the war in Iran is leading to escalating fuel […]
Tag: oil market
Oil costs ease after US and Iran pause their assaults
NEW YORK — Oil prices eased in early trading Sunday, falling further from a two-month high set last week, after the United States and Iran […]
Classes discovered in ’70s have made US, world economies much less weak to grease shocks
WASHINGTON — The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are once again surging in the wake of war in […]
Trump’s plan to grab and revitalize Venezuela’s oil business faces main hurdles
President Donald Trump’s plan to take control of Venezuela’s oil industry and ask American companies to revitalize it after capturing President Nicolás Maduro in a […]