Oil Surges as Iran War Escalates
Oil surged to multi-year highs as the Iran conflict disrupts global supply.
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IEA Says WFH To Help Combat Oil Price Shock
Oil futures have surged around 50 percent in London this month.
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Texas Leads Nation in Oil, Gas Jobs
Texas 'led the nation' in oil and gas jobs last year with 476,777 people employed in the industry, according to TIPRO's latest state of energy report.
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California's Gas Watchdog Warns of Gouging
California's energy regulator is keeping a close watch on the state's gasoline market for potential price gouging.
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Norway Gas Production Down in February
Norway produced nearly 13 billion cubic feet a day of natural gas in February, down month-on-month and year-on-year.
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USA Crude Oil Stocks Rise More Than 6MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 449.3 million barrels on March 13, the EIA's latest weekly petroleum status report showed.
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ADNOC, OMV Tweak Investment Plans for Polyolefins JV
'Considering the current market environment, OMV and ADNOC have agreed to strengthen the balance sheet of Borouge Group International AG as a precautionary measure'.
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World Leaders Condemn 'De Facto' Hormuz Closure
The leaders expressed their readiness to contribute to 'appropriate efforts to ensure safe passage through the Strait'.
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IEA Oil Release Set to Exceed Agreed Volume
Members of the G7 club of rich countries lead commitments, which currently total 426 million barrels.
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Israel Says It Will Spare Iran Energy Sites
Netanyahu also said Israeli forces would help the U.S. attempt to reopen the Strait of Hormuz and that the war would be over faster than people think, in comments that helped calm markets.