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ExxonMobil Holdings Corporation (NYSE: XOM ) shares are trading higher by almost 2% during Monday’s premarket session as Brent crude futures rebounded. U.S. President Donald Trump rejected an Iranian peace proposal aimed at resolving the conflict and reopening the Strait of Hormuz. Iran presented the peace proposal at
Former Congresswoman Marjorie Taylor Greene called for urgent action to construct new refineries in America, citing the lack of major new refineries since 1977. Greene took to X on Thursday to criticize the government’s lack of success in building new refineries in the country, calling it “the most absurd, ridiculous,
Economist Peter Schiff warned that record diesel prices and the depleted Strategic Petroleum Reserve (SPR) could leave the U.S. with less of an energy buffer during a future supply shock amid the Iran war. Diesel Ban May Backfire In a video released on YouTube by Schiff on Thursday, the Echelon Wealth Partners co-found
Petrobras Brasileiro (NYSE: PBR ) released second-quarter financial results and hosted an earnings call on Friday. Read the complete transcript below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. The full earnings call is available at Summary Petro
Petrobras Brasileiro (NYSE: PBR ) reported second-quarter financial results on Friday. The transcript from the company's second-quarter earnings call has been provided below. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary Petrobras Brasileiro report
Eni (NYSE: E ) released second-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. This content is powered APIs. For comprehensive financial data and transcripts, visit The full earnings call is available at Summary Eni reported strong Q2 financial performance with 5.
US gasoline futures rose above $3.45 a gallon, rising to an eight-week high, amid a tightening outlook for energy supply from the Middle East. Attacks last week by Iran-backed Houthi rebels shut down a crucial crude pipeline in Saudi Arabia that bypasses the Strait of Hormuz, which remains under blockade. Since the sta
Gov. Gavin Newsom (D-CA) criticized President Donald Trump and Energy Secretary Chris Wright on Monday, accusing them of being aware of the widespread impact of the war with Iran but doing little to shield ordinary Americans from the disruptions. Americans Need ‘Answers’ From Trump In a post on X, Newsom slammed the on
The EIA now expects Brent crude to average about $91 a barrel in 2026 and WTI $84.65, both higher than its prior forecast. The agency said global oil stocks have fallen by an estimated 400 million barrels this year and cited reduced Middle East production and exports.
Energy Secretary Chris Wright said U.S. gasoline prices are "more likely to go down than go up" despite record Labor Day fuel costs, citing futures, seasonal demand and regulatory changes.
Iran’s economy is starting to buckle six months into its war with the United States and Israel under the weight of a near-total oil export blockade imposed by the U.S. military. The United States has intensified economic pressure on Tehran, a campaign that President Donald Trump had previewed as "economic D-Day" for Ir
GasBuddy’s Patrick De Haan said U.S. refiners are already running near capacity, limiting room to process more oil from Venezuela or elsewhere.
As the U.S. and Iran pause hostilities after weeks of continuous strikes, oil prices in the global markets fell sharply. However, gas prices could remain elevated at the pump despite the decline in crude oil prices. Refining Remains ‘Limiting Factor’ On Monday, GasBuddy analyst Patrick De Haan posted on the social medi
Russia's President Putin says Ukraine has proposed a halt to mutual strikes on each other's territory
Russia is considering a ban on diesel exports as fuel reserves are being used, according to Putin.
Gasoline reserves decline 4% to 1.7 million tons