Oil Prices Soar Past $90. Kuwait Cut Production-and Others Might Have to as Well.
International oil benchmarks were rallying early Friday to end a blockbuster week.
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Kuwait Cuts Oil Production as Storage Fills Up
The cuts signal a broader storage crisis that poses new risks to the global market.
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The Iran War Is Hitting Gulf Markets, Lifting Israel and Shifting Risk Across the Region
The conflict has upended long-held assumptions in Gulf markets, pushing investors to factor in new dangers.
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U.A.E. Explores Freezing Iranian Assets to Punish Tehran for Attacks
Any crackdown on Iran's shadow financing networks in the Gulf state would strangle Tehran's access to foreign currency and global trade.
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BP Asks Shareholders to Vote Against Call for More Disclosures
Investors have been critical of BP's increased expenditure on oil-and-gas assets, arguing historical investments-including in areas outside renewables-have contributed to its underperformance.
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Energy & Utilities Roundup: Market Talk
Find insight on Asia-Pacific utility companies and more in the latest Market Talks covering energy and utilities.
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Jet Fuel Prices Are Soaring, and Airline Stocks Are Tumbling. These Companies Are the Big Winners.
Benchmark jet fuel prices in Singapore-Asia's key aviation fuel hub-have jumped dramatically in recent days.
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U.S. Has a Big Ask for China: Buy Less Oil from Russia, More From America
Treasury Secretary Scott Bessent weighs pushing the tricky trade-off along with other economic goals prior to the Trump-Xi summit.
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Venezuelan Oil Cargoes Are Surging at an Opportune Time
American fuel makers are gobbling up Venezuela's heavy crude even as the U.S.-Israeli strikes on Iran have stalled global oil shipments.
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Saudi Arabia Starts to Shift Crude Exports to Red Sea as Hormuz Disruption Mounts
About 10 million barrels of crude were loaded from the Red Sea's Al-Muajjiz terminal in the first four days of March, implying a daily pace of roughly 2.5 million barrels, according to Kpler.
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U.S. Crude Oil Stockpiles Post Weekly Increase
Oil inventories, excluding the Strategic Petroleum Reserve, rose by 3.5 million barrels. Analysts expected inventories to have risen by 1.6 million barrels.
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Energy & Utilities Roundup: Market Talk
Find insight on the rally in crude futures, Boss Energy and more in energy and utilities.
(END) Dow Jones Newswires
March 06, 2026 11:00 ET (16:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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