The escalating Iran war has sent shockwaves through global energy markets in recent weeks, with attacks on infrastructure and shipping…
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Exxon, Chevron report annual profit declines as oil prices weigh on industry giants
A multimillion-barrel oil glut weighed on results at industry giants Exxon Mobil (XOM) and Chevron (CVX) in 2025, with both…
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Venezuelan Oil and the Limits of U.S. Refining Capacity
Last week, U.S. President Donald Trump’s Venezuela pitch to oil executives to invest the vast sums required to revive the…
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