US Gasoline Prices Top $3.75 a Gallon as Middle East War Disrupts Oil Supply
US gas prices top $3.75 as Middle East war disrupts oil supply.
Oil
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Oil Price Surge Triggers Record Hedging Activity as Investors and U.S. Producers Lock in Gains
Key Highlights Oil Markets Surge Amid Middle East Escalation Oil markets experienced a sharp surge this week as geopolitical tensions in the Middle East intensified, prompting investors and U.S. crude producers to rush into hedging strategies to secure higher prices. The spike followed military strikes by Israel and the United States on Iran and Tehran’s…
Venezuela to Export Up to $2 Billion in Oil to the U.S. in Landmark Deal With Washington
Venezuela has agreed to export up to $2 billion worth of crude oil to the United States under a new deal with Washington, redirecting shipments from China and reshaping global oil markets.
Pemex Strategy to Overcome Debt and Enhance Production
In a bold move to stabilize the country’s energy sector, the Mexican government has unveiled a sweeping 10-year plan aimed at reducing the massive debt of Pemex