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Brent Breaks Past $80 Barrier As Houthis Attack Red Sea

Brent crude oil prices have surpassed the $80 mark due to escalating Houthi attacks in the Red Sea and concerns over potential disruptions in energy trade. ....

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Elon Musk Asks World to Stop Demonizing Oil (for now)

Elon Musk has regaled a right-wing summit in Italy with criticism of climate-change “exaggerating” environmentalists, and called on the public to stop “demonizing” fossil fuels. ....

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U.S. Crude, Product Inventory Builds Set To Deliver Cheap Gas For Holidays

Crude oil inventories in the United States rose this week by 939,000 barrels for the week ending December 15, according to The American Petroleum Institute (API). ....

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Major Shipping Firms Halt Red Sea Routes Following Houthi Attacks

Seven major shipping companies have suspended operations in the Red Sea due to increased missile and drone attacks by Yemen s Iran-backed Houthis. ....

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Christmas 2023 Gas Prices Head to $2.99 for First Time in Years

The national average price per gallon of gasoline at American pumps is now 6.8 cents lower than a year ago, with price drops hitting their 13th week in a row and now averaging $3.03 according to GasBuddy. ....

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