Global energy markets appear relatively calm on the surface, but that calm may be misleading. Analysts estimate that global commercial oil inventories are rapidly falling toward the minimum level ...
Perhaps more so than any other industry, oil and its pricing volatility impacts all elements of the U.S. economy, both positively and negatively. Looking at it from a macroeconomic level, higher oil ...
You don't need a degree in economics to realize that the electric vehicle industry and the fossil fuel industry are not best pals, although oil companies haven't seemed that bothered by EVs up until ...
The last time oil prices hit $100 a barrel nearly a decade ago, Houston’s commercial real estate market flourished. Real estate investors poured money into Houston. Developers raced to build new ...
The United States held a record-high level of commercial crude oil inventories as of the week to June 19 following the collapse in demand in the lockdown and the slow demand recovery after lockdowns ...
Crude oil stocks, excluding the SPR, stood at 428.4 million barrels on November 22, according to the EIA. Image by Mst Khotaja Begum via iStock U.S. commercial crude oil inventories, excluding those ...