Tag: production
As a New Oil Power, China Gains More Sway Over Energy Markets
The war with Iran revealed just how much influence the world’s biggest oil importer has over prices and other countries’ supplies of jet fuel, gasoline and diesel.
Why These Giant Storage Tanks Increasingly Hold Very Little Oil
Oil companies and governments are consuming their once vast stockpiles as Iran and the United States continue to struggle for control over the Strait of Hormuz.