Oil and Gas
World has ‘never experienced’ soaring refining margins like this, TotalEnergies CEO tells CNBC
Roughly 15% of TotalEnergies’ production is offline, as the war with Iran nears the one-month mark, but surging oil prices have more than made up for the lost barrels, chairman and CEO Patrick Pouyanné told CNBC in an exclusive interview. With Brent crude trading solidly above $100 a barrel, much of the attention has focused […]
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Britain responds to Iran war energy shock by requiring solar panels and heat pumps in all new homes
Heat pump installer Richard Wilkins from Lotus Energy, screws in pipes to a Vaillant aroTHERM plus heat pump, that is being installed in a residential property in Farnham, Surrey, southwest of London, on June 2, 2025. Justin Tallis | Afp | Getty Images The U.K. government on Tuesday introduced new rules requiring developers to install […]
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United Airlines CEO Scott Kirby: I think fares will continue to go up in line with oil prices
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email United Airlines CEO Scott Kirby sits down with CNBC’s Phil LeBeau to discuss oil pricing impacts from the Iran war, the company’s new aircraft, and more. Source
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Iran attacks in Strait of Hormuz are ‘economic terrorism against every nation,’ UAE oil CEO says
Sultan Ahmed Al Jaber, chief executive officer of Abu Dhabi National Oil Co. (ADNOC), during India Energy Week in Goa, India, on Tuesday, Jan. 27, 2026. Dhiraj Singh | Bloomberg | Getty Images HOUSTON — The United Arab Emirates on Monday condemned Iran’s attacks against shipping in the Strait of Hormuz as a form of […]
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DCCC launches geotargeted digital ad campaign hitting GOP for gas prices
Prices are posted at a gas station in Downtown Brooklyn on March 18, 2026, in New York, United States. Matthew Hoen | Nurphoto | Getty Images The Democratic Congressional Campaign Committee on Tuesday is launching a digital ad campaign targeting President Donald Trump and Republicans for rising gas prices amid the war in Iran. The […]
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Oil rises with Brent crossing $100 a barrel again as Middle East tensions keep traders on edge
A pumpjack stands at the Inglewood Oil field in Los Angeles, California on March 17, 2026. Patrick T. Fallon | Afp | Getty Images Oil prices gained in Asia trading Tuesday after clocking steep declines overnight, as traders assess developments related to the Middle East conflict. Brent crude futures for May rose over 3% to […]
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China sees long lines at the gas pump as Mideast turmoil hits
Panicked drivers lined up in long queues outside gas stations across China Monday after receiving an alert from Chinese oil giant Sinopec about a pending price hike. The state refiner issued a notice Sunday that the price of gas will be set higher by a “meaningful” amount starting March 24. “As soon as I got […]
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Oil prices rise as Trump’s Hormuz ultimatum and Iran threats keep markets on edge
In an aerial view, oil storage tanks are seen at the Big Spring Refinery on March 19, 2026 in Big Spring, Texas. Brandon Bell | Getty Images Oil prices rose in volatile trading on Monday as investors weighed the prospect of further escalation after President Donald Trump’s ultimatum demanding Tehran reopen the Strait of Hormuz […]
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Saudi Aramco boss pulls out of major international energy conference due to Iran conflict, source says
President and CEO of Saudi’s Aramco, Amin H. Nasser, speaks during the Future Investment Initiative (FII) in Riyadh, Saudi Arabia October 29, 2024. Hamad I Mohammed | Reuters Saudi Aramco Chief Executive Amin Nasser has cancelled his planned appearance at the CERAWeek energy conference in Houston to remain in Saudi Arabia because of the Iran […]
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Oil prices are set to rise further as war in the Middle East escalates
In an aerial view, Marathon Petroleum Corp’s Los Angeles Refinery, one of the largest oil refineries in the North America, operates as gas prices rocket upward due to worldwide oil supply disruptions caused by the U.S. and Israeli attack on Iran, on March 10, 2026 in Carson, California. David McNew | Getty Images Oil prices […]
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