Oil and gas industry Archives

Oil companies are expected to reap big profits because of US-Iran conflict 0
- Gear / Gear News and Events, General, News, Newsletters, Security / Security News, US
- August 2, 2026
NEW YORK — Analysts are expecting major oil companies to report raking in large spring profits while fighting between Iran and the U.S. impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages. The conflict, now in its sixth month, halted most shipping through the Strait of Hormuz, a narrow
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South Korea’s Kospi stock index falls 6% and other Asian stocks mixed as oil prices rise 0
- Gear / Gear News and Events, General, News, Newsletters, Security / Security News, US
- July 29, 2026
TOKYO — Asian stocks were mixed, while South Korea’s Kospi stock index fell 6% on Wednesday, as doubts over massive investments in artificial intelligence once again led investors to dump chipmaker stocks. American futures hardly changed. The latest decline in Seoul was led by a drop in shares of chipmaker SK Hynix after its operating
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Senate takes first steps on Russian sanctions after meeting with Zelenskyy 0
- Gear / Gear News and Events, General, News, Newsletters, Security / Security News, US
- July 29, 2026
WASHINGTON– The Senate took the first steps toward passing a sweeping Russia sanctions bill Tuesday with Ukrainian President Volodymyr Zelenskyy on Capitol Hill, advancing legislation to penalize countries that continue to buy Russian oil, gas and other exports after more than a year of negotiations. The bipartisan 86-12 procedural vote came hours after the funeral
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Oil prices fall after the United States and Iran stop their attacks 0
- Gear / Gear News and Events, General, News, Newsletters, Security / Security News, US
- July 27, 2026
NEW YORK — Oil prices fell in early trading on Sunday, falling further from a two-month high hit last week, after the United States and Iran refrained from launching military strikes in the Persian Gulf for the second day in a row. The price of a barrel of Brent crude oil to be delivered in
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The airstrikes have stopped and talks continue. But can the United States and Iran take the exit route?0
- Gear / Gear News and Events, General, News, Newsletters, Security / Security News, US
- July 26, 2026
WASHINGTON– The US military has halted its airstrikes against Iran after nearly two weeks of intensified bombing, while diplomatic efforts have moved forward to try to prevent a return to all-out war. But it remains to be seen whether the United States and Iran are at a turning point in a mercurial conflict that will
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Oil prices rise as fighting breaks out in the Middle East 0
- Gear / Gear News and Events, General, News, Newsletters, Security / Security News, US
- July 14, 2026
Bangkok– Oil prices rose early Tuesday as fighting intensified in the Middle East, while Asian stocks were mixed as markets in Tokyo and Seoul recovered from early losses. The price of Brent crude oil rose more than 2.3% to $85.18 a barrel after soaring nearly 10% on Monday. U.S. benchmark crude oil rose 2.5% to
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