Tag: Oil and Gas
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Wealthy investors seek oil and gas assets, but bargains are scarce
The Iran war and the AI boom have created a crowded market for mineral rights and other energy assets.
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Oil extends gains, with Brent above $101 after U.S. destroys Iranian oil tankers
Worries that escalating tensions in the Middle East could further exacerbate supply disruptions pushed oil prices higher.
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Trump says oil and gas prices won’t fall until ‘right after’ midterm election
President Donald Trump said energy prices that have been elevated due to the Iran war will not come down until after the midterm elections.
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Brent crude nears $100 a barrel as U.S.-Iran tit-for-tat strikes stoke supply worries
Oil prices rose on Wednesday as escalating tensions between the U.S. and Iran fueled concerns over further disruptions to Middle East energy supplies,
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Iran foreign ministry takes aim at Canada for support of U.S. actions in Strait of Hormuz
Canada had condemned Iran’s “destabilizing actions” in the Middle East, saying that it would work with partners to maintain significant pressure on Iran.
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Oil extends gains as renewed Mideast hostilities raise worries of prolonged conflict
Oil prices rose Tuesday on worries over escalating Mideast tensions after the U.S. and Iran traded strikes over the weekend.
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Oil prices rise to 6-week high after Iran and U.S. trade blows, Saudi Aramco facilities reportedly hit
Renewed attacks between the adversaries in the Iran war pushed oil prices up on Monday.
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Gasoline prices, over $4 per gallon, hit record high for Labor Day
With elevated prices for crude oil, a major component of gasoline, the price at the pump is higher than it’s ever been for the holiday weekend.
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Oil extends gains after U.S. and Iran strike ships
Oil extended gains on Monday as tit-for-tat strikes between the U.S. and Iran on vessels sailing in the Hormuz Strait and other areas raised prolonged supply shock concerns.
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Iran warns of ‘more painful’ response to U.S. attacks as economic pressure mounts
Iran warned of faster, heavier retaliation against U.S. attacks while acknowledging the war’s mounting toll on its economy.
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