Oil
Why a war in the Middle East hasn’t sparked an oil crisis
Global crude oil prices are now lower than they were before Israel attacked Iran earlier this month. A price spike did occur, but it was short-lived — unlike oil crises of the past.
Why is China so concerned about Israel-Iran tensions?
China is closely watching whether Israel and Iran can broker a ceasefire. Beijing gets much of its crude oil imports from Iran through a "dark fleet" of vessels to evade American sanctions.
Oil prices jump and stocks tumble following Israel’s attack on Iran
Israel's attack on Iran sparked the biggest jump in crude oil prices since Russia's invasion of Ukraine more than three years ago. Stocks fell sharply.
Why oil prices are falling, and what it means for the economy
Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly since January. That's good for consumers, and bad for oil companies.
Why a tiny bit of oil can be a big deal
More than three-quarters of U.S. wells make just 6% of the country's oil. They're called marginal wells because of their small output. But they're a big deal to oil producers and environmentalists.
Record-high gas prices are cutting into Alabama drivers’ budgets. Here’s how they’re coping
The added expense affects people in Alabama’s Black Belt differently, including road trippers, commuters and even those who can’t drive.
Why Gulf South oil producers can’t protect the region from rising gas prices
Experts say activating unused oil wells could temper the rising costs of gas, but consumers should not expect prices to get anywhere near their COVID low.
