Oil

India just ditched the dollar and used its own currency to buy a million barrels of oil from the UAE

Tech Insider
A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India.
A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India.

Dhiraj Singh/Bloomberg

Gas prices nearing $4 a gallon rekindle fears of inflation rebound

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Gas pump
US gas prices surged to $3.96 a gallon earlier on Monday.

(Photo by FREDERIC J. BROWN/AFP via Getty Images)

Republican-controlled states like Oklahoma are rushing to invest in clean energy, even as conservative groups push for more oil and gas

Tech Insider : Politics
oil rig
Republican-controlled states across the country are seeing record investment in renewable energy industries.

Jason Kozlowski / EyeEm

Commercial ships told to stay far away from Iran due to a heightened possibility of attack or seizure

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soldiers on speed boat pointing guns
Iran's naval special forces carrying by a military speedboat past a portrait of Iran's Supreme Leader Ayatollah Ali Khamenei during a military parade marking Iran's Army Day anniversary near the Imam Khomeini shrine in the south of Tehran.

Morteza Nikoubazl/NurPhoto via Getty Images

Russian oil smashes through the G7 price cap as crude exports in July hit the highest level of 2023

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Oil terminal ship in Russia

papa1266/Getty Images

Saudi Arabia is about to send more oil to China, even though it's slashed crude supply levels

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Saudi oil production
Saudi Arabia is set to send more oil to China next month, according to Bloomberg.

Marwan Naamani/AFP via Getty Images

Undergrad enrollment in petroleum engineering has dropped 75% over the past 10 years — even though they make 40% more than computer science grads

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Oil drilling
Petroleum Engineers typically make six-figure salaries, but data shows interest among undergraduate students is withering.

Grant Smith/Construction Photography/Avalon/Getty Images

Russian oil and grain exports halted after Ukraine drone strike near Black Sea port

Tech Insider : Economy
Novorossiysk submarine
Russian Novorossiysk submarine.

OLGA MALTSEVA/AFP/Getty Images

Russia's seaborne oil exports hit their lowest level in 7 months

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Oil tanker

Suriyapong Thongsawang

Oil is on course for its best month since Russia invaded Ukraine as recession fears die down and Saudi Arabia cuts supply

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OIl refinery
Oil is on pace for its best month since January 2022.

zorandimzr/Getty Images

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