Even as markets steady, the stronger U.S. dollar remains a headwind for both crude oil and the global economy.
Weakening demand has become the overarching concern for the oil markets, topping even a potential conflict in the Persian Gulf, a once unthinkable dynamic.
The U.S. State Department announced on April 22 that it would let all Iran sanctions waivers expire at the beginning of May as part of the Trump administration’s “maximum pressure” campaign on Iran.
The oil market’s immediate reaction to the White House's announcement to not reissue Iranian oil waivers underlines the fact that oil prices and world politics are inextricably linked
President Trump's latest OPEC tweet has heightened speculation that volatility is returning to the global oil market. But the truth is oil volatility never went away.
T. Boone Pickens: Here is an enjoyable and informative look at a potential energy agenda for President Trump or Clinton.