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Gas prices, explained

Oct 18, 2019

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Cost of shipping oil rises as tankers face more attack risk

by Scott Tong Oct 11, 2019
A string of recent oil tanker attacks is leading the industry to take extra precautions and raise shipping and insurance rates.
Fire and smoke billow from a Norwegian-owned oil tanker said to have been attacked in the waters of the Gulf of Oman in June 2019.
AFP/Getty Images

IEA releases new oil market numbers amid demand concerns

by Scott Tong Oct 11, 2019
Demand for oil is growing, but barely; it's at the lowest rate in a decade.
KAREN BLEIER/AFP/Getty Images

Oil infrastructure limits ability of U.S. to quickly ramp up exports

by Marielle Segarra Sep 16, 2019
Problems like shallow shipping channels are one reason the U.S., despite being the world's biggest oil producer, is not its biggest exporter.
A pumpjack sits in the Permian Basin on the outskirts of Midland, Texas, in 2016.
Spencer Platt/Getty Images

What if the U.S. stopped protecting the Strait of Hormuz?

by Andy Uhler Jun 24, 2019
It wouldn't change much at the pump — at least here at home.
An oil tanker is protected by the U.S. guided missile frigate USS Gallery in the Strait of Hormuz in 1988. In a tweet Monday, President Donald Trump questioned the United States' decadeslong protection of the strait.
NORBERT SCHILLER/AFP/Getty Images

Central Texas sand mines shift west, taking jobs with them

by Andy Uhler May 13, 2019
The market for McCulloch County sand has been drying up.
BRADY, TX. January 28, 2019. The Momentive Sand Plant outside of Brady.
Gabriel C. Pérez/KUT

Russia plays oil diplomacy card in Middle East

by Scott Tong May 10, 2019
Russia has leveraged its oil and gas market power to enhance its influence in the Middle East, just as the U.S. is pulling back from the region.
The Organization of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria in 2016.
Joe Klamar/AFP/Getty Images

How rising oil price ripples through economy

by Mitchell Hartman Apr 25, 2019
Many products and services tend to cost more.
David McNew/Getty Images

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Iran sanctions: What will become of oil prices?

by Scott Tong Apr 22, 2019
Traders are concerned about supply.
Miguel Villagran/Getty Images

What the Chevron-Anadarko deal means for Permian shale

by Jack Stewart Apr 12, 2019
Will there be other deals like it?
Justin Sullivan/Getty Images

Saudi oil company profits impress

by Scott Tong Apr 1, 2019
What’s the most profitable company on earth? We’ll give you three guesses. Nope, not Apple. Google? Try again. Exxon Mobil – wrong. It’s the national oil company of Saudi Arabia. Known as Saudi Aramco, it’s the runaway leader, according to…