energy

Confidence among the lowest-earning Britons plunged in May and even those on average pay are digging into savings to meet everyday expenses as the Iran energy shock hits household budgets, a key survey found.

U.S. shale oil producers are boosting output in response to the energy crunch caused by the war in the Middle East. Exports are running at all-time highs. The media are celebrating the country’s energy dominance. But there are limits to what the U.S. energy industry can do and how long it can keep d

US oil prices rise as investors doubt breakthrough in US-Iran peace talks

US government bonds snapped an earlier decline to notch gains as oil retreated on hopes that an agreement to end the US war in the Middle East will be reached soon.

Oil prices rose on Thursday as fresh signs of trouble in Iran peace talks as the parties hit a wall over enriched uranium. WTI crude climbed 2.2% to $100.40 while Brent gained 1.8% to $106.90 as reports emerged that Iran's Supreme Leader, Mojtaba Khamenei, has drawn a hard line on one of Washington'

It still seems that oil markets are believing their own theories more than hard-hitting warnings from Arab national oil companies. Even with all signs on red, optimism still shows oil prices as depressed, not really reflecting reality at all. When Sultan Ahmed Al Jaber, Abu Dhabi National Oil Compan

Physical supplies of oil through the Strait of Hormuz are 95% below regular levels.

Alifia Doriwala, co-chief investment officer at RockCreek, joins Scarlet Fu on "Bloomberg Markets." A standoff between the US and Iran over key issues lifted oil prices, dragging down stocks and bonds on concern that a prolonged closure of the Strait of Hormuz could worsen energy disruptions and fue

ConocoPhillips says Venezuela oil law changes insufficient to attract investment

The palm oil, coal and nickel industries are trying to understand what the president’s overhaul will entail.