East Africa Oil Refinery Race Sparks Billions in New Projects
Crude oil proxy USO climbs 2.13% as Kenya, Tanzania and Uganda clash over competing refinery and pipeline projects that could reshape East Africa's fuel supply for decades.

Crude oil proxy USO climbs 2.13% as Kenya, Tanzania and Uganda clash over competing refinery and pipeline projects that could reshape East Africa's fuel supply for decades.

Crude oil (tracked via the United States Oil Fund, USO) slipped 2.81% to 128.63 dollars on the day, even as the slow motion drama over Venezuela's oil reserves, the largest…

Seven months after Maduro's ouster, big oil still hasn't rushed into Venezuela. See how crude prices, USO, and cautious majors are shaping the country's slow oil comeback.
USO shares climbed 2.77% as nations from India to Australia rush to rebuild depleted oil reserves after the Strait of Hormuz closure exposed dangerous supply gaps.
ADNOC just repriced three offshore crude grades away from Murban and onto the Dubai benchmark, handing Asian refiners fresh leverage as oil supply rebounds through Hormuz.
Crude oil gained 2.91% as USO climbed to 130.29, while Mexico's Pemex struggles to keep refineries running near capacity despite billions invested in Dos Bocas and Tula.
Alberta's Clearwater formation is reshaping how producers respond to high oil prices, letting smaller companies out drill oil sands giants. Here's what it means for Canada's energy sector.
Crude oil dips even as the Red Sea turns into a geopolitical chokepoint, with Saudi Arabia's export routes squeezed between a Houthi blockade and Suez Canal limits. Here's what it…

Supply chain strain is back on traders' radars, with crude oil and other commodities pricing in freight snags, inventory swings and dollar strength tied to global logistics.

Crude oil jumped sharply as USO gained nearly 6% and WTI Midland spiked over 9%, but not every grade moved the same direction. Here is what is driving the split.

Oil prices are swinging as inventories, OPEC+ decisions and a shifting dollar collide. Here's how commodity traders navigate the crosscurrents, and why their profits depend entirely on getting price direction…

Crude oil proxy USO jumps 3.91% as hydrocarbon demand and supply forces collide. A plain language look at what hydrocarbons are, who controls them, and why prices move.

Oil prices sit near yearly lows even as a looming gas to oil switch threatens to tighten fuel markets this winter. Here is what is driving both sides of the…

USO hovers near oversold levels as crude posts a third weekly decline, but India's surging diesel and gasoline demand suggests the selloff may be overdone.

Oil prices sit near yearly lows as the U.S. Strategic Petroleum Reserve remains half empty. Here's what that means for supply security and future price shocks.
