Connecticut's recent harsh winter has caused significant problems for both heating oil companies and consumers. The deep snow and extreme cold have made deliveries difficult, with trucks struggling to navigate snow-covered paths to reach homes. In some cases, delivery hoses had to be snaked through
A recent meeting between U. S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu shed light on a shared strategy to limit Iran's oil exports, particularly to China. This plan is part of a broader effort to apply intense pressure on Iran. China is a major buyer of Iranian oil, tak
In a German grassland study, researchers looked at how the number of plant species affects tiny life in the soil. They took samples from plots that had between one and sixteen different plants, ranging from grasses to legumes to herbs. By sequencing the DNA of bacteria and fungi living there, they c
The U. S. is holding less oil than usual right now. The Energy Information Administration (EIA) said that oil stockpiles dropped by 2. 3 million barrels last week. That's a lot less than what's typical for this time of year. This drop in supply comes as oil prices are going up. Brent crude, a key g
Chevron is in talks with Iraq to take over the West Qurna 2 oilfield from Lukoil. This field is huge, making up about 0. 5% of the world's oil supply and nearly 10% of Iraq's output. The U. S. put sanctions on Lukoil because of Russia's actions in Ukraine. These sanctions made it hard for Lukoil to
Guyana's economy is soaring, with a 19. 3% growth in 2025. This is the sixth straight year of double-digit growth, but the oil sector, which has been the main driver, is slowing down. In 2025, oil grew by 21%, which is less than the 57. 7% growth in 2024. But other sectors like agriculture, mining,
Baker Hughes, a major player in the oilfield services industry, recently shared its quarterly results. The company saw a notable increase in its adjusted profit, up by 11%. This growth was largely driven by the demand for equipment and services, like gas turbines and compressors, which are crucial f
The US has taken a stand against Iran's hidden oil ships. They've put sanctions on nine ships and eight companies. These ships and companies are based in India, Oman, and the UAE. They've been moving Iranian oil worth millions of dollars to other countries. The US Treasury says these ships help Ira
Texas, known for its robust job market, is experiencing a slowdown. In 2025, the state's job growth is expected to be nearly flat, according to the Federal Reserve Bank of Dallas. This is a significant change from Texas' usual strong job growth. The Dallas Fed's forecast uses several models to pred
The crypto world is feeling the heat. Bitcoin has dipped below $90, 000, and it's not alone. Ethereum and Solana have also taken a tumble, down 11% and 14% respectively over the past week. What's shaking up the market? A mix of political tensions and stalled legislation. President Donald Trump's th
