Business

The EV Industry Could Not Have Scripted a Better Demand Catalyst Than $3.90 Gas

If the US electric vehicle industry had been given the opportunity to design the ideal demand catalyst, it might have struggled to improve on the current situation. Gasoline is...

US Oil Prices Set for Continued Volatility as Iran Conflict Drags Into Its Third Week

The Iran war is showing no signs of ending, and US oil prices are set for more volatility...

TikTok Deal Delivers $10 Billion to US Treasury in Historically Unusual Arrangement

The US Treasury stands to collect $10 billion as a result of the Trump administration's role in brokering...

Oil’s Dramatic Climb Continues as Gulf Ports Shut and Prices Near $100

Oil prices are once again testing the $100-a-barrel barrier as Iranian strikes on Gulf ports, storage facilities, and...

SpaceX Seeks Trillion-Dollar Valuation in Historic Market Debut

SpaceX is reportedly planning to go public with a target valuation of $1.75 trillion, marking what could be...

Oil Companies Withhold Support for Trump’s Venezuela Reconstruction Claims

American oil giants are maintaining deliberate silence following President Trump's announcement that they're prepared to invest billions in Venezuela's oil infrastructure. The conspicuous absence...

Oil Industry Records Worst Year Since Pandemic Began

The petroleum sector closed 2025 with its most severe annual downturn since COVID-19 disrupted global markets, recording losses nearly 20% in magnitude. The industry...