#oil-supply

[ follow ]
fromwww.timesheraldonline.com
1 week ago

Bay Area city still working diligently to keep Valero refinery

Benicia's City Manager Mario Giuliani emphasizes the urgency of finding solutions to the impending closure of Valero Refining Company, warning of significant revenue losses. With a projected $10 million loss on a $16 million budget, the city is preparing for a seismic shift as it communicates and implements action plans.
California
fromwww.cbc.ca
1 month ago

What is the Strait of Hormuz and what could happen to oil prices if Iran shuts it down? | CBC News

Iran's control over the Strait of Hormuz poses significant threats to global oil supply and economic stability.
#iran
more#iran
fromwww.theguardian.com
1 month ago

The strait of Hormuz: what is it, and why does it matter to global trade?

President Donald Trump's unprecedented decision to bomb three Iranian nuclear sites has deepened fears of a widening conflict in the Middle East. Analysts suggest that Iran may retaliate by closing the Strait of Hormuz, a crucial trade route for global oil supply.
US news
Cryptocurrency
from24/7 Wall St.
3 months ago

OPEC's Oil Surge May Not Be Enough to Lower Prices

OPEC's increase in oil supply may not lead to lower gas prices due to various external factors.
Geopolitical tensions and tariffs significantly influence oil prices beyond supply changes.
#crude-oil
more#crude-oil
[ Load more ]