A sharp rise in U. S. natural gas prices last week surprised many who thought supplies were plentiful. Forecasters now predict a hot week ahead, which could push power plants to burn more gas for air conditioning. Demand might climb higher, but the real spark came from worries over Middle Eastern su
Seven major oil producers in OPEC+ have quietly decided to slightly increase their oil output next month, adding about 188, 000 barrels per day. This decision happens even as one of their key members, the UAE, announced it was leaving the group. The increase mirrors a similar move last month, but wi
Natural gas prices nudged lower this week as warmer-than-usual air spread across much of the country. With fewer homes firing up furnaces and less demand from power plants, buyers have little reason to rush and bid up prices. At the same time, the nation’s storage tanks are already brimming, runnin
Prices for natural gas nudged up recently as weather predictions turned cooler across most of the country. Traders who had bet against gas prices scrambled to buy back their positions, pushing values higher. A private weather team noted that temperatures could dip below normal in many central and ea
The fight with Iran has gone beyond missiles and bombs, turning into a battle of words and data that reaches every screen. In the first weeks, Washington imagined a quick win, but now it faces an opponent that will not back down easily. The real war is happening in the flow of information, whe
Saudi Aramco recently told its buyers that it did not know which port would handle April shipments. The message showed a new fact: Iran, not the United States, can decide when the global oil market opens again. A buyer in Saudi Arabia laughed that he would call Iran to find out when the war ends
Rep. Austin Scott, a Republican from Georgia, told a news show that he believes President Trump will not back down from the war with Iran. He said the fight started because Iran keeps enriching uranium and that the U. S. must keep up its military actions. Scott is on two important House committees:
The fight between Iran, the United States and Israel is now a big factor in how people trade digital money. When news of attacks comes out, investors quickly move their money around and the value of Bitcoin can jump or fall a lot. When the fighting seemed to calm, Bitcoin rose close to $70, 000.
The International Energy Agency (IEA) has decided to put 400 million barrels of oil into the market, its biggest release ever. This move follows earlier releases during Russia’s invasion of Ukraine and the Gulf War, showing how the IEA steps in when supply is threatened. Germany, Austria and Japa
A new conflict that started three days ago has already pushed up oil and gas prices in the United States and around the world. The fighting began with attacks on Iranian targets, including its leader, and Iran has struck a range of sites in neighboring countries such as Saudi Arabia and Qatar. Tho
