A buzz returns to Venezuela’s decayed oil heartland
Private jets fly over dilapidated Maracaibo as executives seek deals and crude prices surge. A real recovery will not be easy
Economic news
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Renewable jet fuel may face price war with China, warns top producer
Neste chief calls for a ‘level playing field’ following heavy investment
Retail traders rush into oil bets as Iran war drives wild price swings
The biggest US ETF linked to crude prices has seen record inflows as oil market has ‘meme’ moment
US oil groups in line for $63bn windfall from Gulf disruption
American producers stand to be among biggest beneficiaries if crude prices average $100 a barrel this year
US oil groups in line for $63bn windfall from Gulf war disruption
American producers will be among biggest beneficiaries if crude prices average $100 a barrel this year
Trump calls on China and UK to send warships to Strait of Hormuz
London has declined to deploy an aircraft carrier to the Gulf