energy

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Lisa Mateo. (Source: Bloomberg)

BP CEO says company must sharpen financial discipline Reuters

Oil tanker traffic through Hormuz at near standstill as attacks strain Iran truce Reuters

Germany’s oil industry retained between €100 million and €200 million from a fuel tax reduction earlier this year that was intended to ease the impact of surging costs on motorists, a government advisory panel found.

The past four months of the Hormuz crisis have surprised energy analysts. Taking stock of the impacts hints at structural changes to come. The post Five lessons from the oil market shock appeared first on Atlantic Council.

Oil rises after US launches fresh strikes against Iran Reuters

A recovery in Middle Eastern oil supplies could be set back if renewed tensions disrupt shipping in the Strait of Hormuz, Goldman Sachs Group Inc. said.

Asian shares climbed for the first time in three days, following a rally in chipmakers. Oil extended its gains after the US said it struck Iran for a second straight day.

Oil rises more than a dollar per barrel as US launches fresh strikes against Iran Reuters

War, weather and outages may still send gas prices soaring