Oil

That’s a big gap between the financial world’s price of oil versus what people are actually paying to get a physical delivery of a barrel of oil.

Thousands of workers have been stuck aboard vessels near the Strait of Hormuz since February.

The U.S. Energy Information Administration raised its Brent crude forecast to average around $90 a barrel for the second half of the year, about 5% higher than its last estimate.

Analysts don’t see an end to war in the Middle East on the horizon.

Chevron plans to more than double its production to 600,000 barrels a day in what the company called a "turning point" for Venezuelan energy.

Austin Golding, CEO of Golding Barge Line, talks about how his business is juggling a changing labor market amid tariffs and a tight oil market.

U.S. refineries are operating at about 97% capacity as they compensate for global refining capacity lost to war damage elsewhere. Now, upcoming run-of-the-mill maintenance adds even more pressure on markets.

Canada sends about 90% of its oil exports to the U.S., roughly 4 million barrels per day. But growing frustrations between the two countries have given our northern neighbors motivation to build new energy relationships.

A glut of polyethylene had squeezed U.S. producers for years. But the war in the Middle East disrupted the global plastics market, sending prices higher and improving margins for producers along the U.S. Gulf Coast.

Tax revenues are coming in higher than expected in states like Alaska and New Mexico as oil prices remain elevated.