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occidental petroleum

Hormuz Stalled Again: Ship Traffic Takes a Hit

June 22, 2026

Iran has shut the Strait of Hormuz once more, causing a sharp drop in vessel passage. On Sunday only five ships moved through the narrow waterway, down from 26 the previous day, according to Kpler data. The fleet included three very large crude carriers each carrying about two million barrels of Sau

business

Oil Prices Rise as War Sparks New Energy Trends

June 14, 2026

The recent conflict in Iran has pushed oil prices higher, but the real shift is how nations are rethinking their energy habits. Because of the uncertainty in the Middle East, many countries now view oil as a safety net rather than a routine commodity. This mindset is boosting the stock values

business

China Uses Oil Reserves to Smooth Out Supply Gap

June 10, 2026

China has begun drawing on its commercial oil stocks to counter the shortage caused by the war in Iran. The country’s biggest buyer of petroleum is also cutting refinery output and limiting fuel exports to keep the situation stable. Experts estimate that China will pull about one million barrels

science

Smilodon Farewell: The Tar Pits Get a Big Make‑over

June 6, 2026

The back rooms of the La Brea Tar Pits are now a maze of packing crates. Each crate has a handwritten note that says things like “bison skulls” or “camel hip. ” All bones, even the smallest dire wolf rib, are wrapped in foam and boxed. The museum will close on July 6 for a huge renovation. It wil

business

Where Did All the Oil Go?

June 6, 2026

The oil storage tanks in Cushing, Oklahoma – once packed with nearly 400 million barrels – now sit nearly empty. This quiet prairie town, called the pipeline crossroads of the world, has become a symbol of how global conflicts can drain even the largest reserves. When war broke out between the U. S.

finance

Five Key Signals That Could Shape the Markets This Week

May 4, 2026

This week could set the tone for the economy. After last month’s sudden drop of 92, 000 jobs, investors are watching closely to see if the labor market is bouncing back or slipping further. Friday’s big jobs report will reveal how many new jobs were added in April, along with wage growth and unemplo

finance

India's Oil Play: How Geopolitics Made Iran a Surprising Supplier Again

April 5, 2026

India just bought oil from Iran for the first time in years, and it didn't even have to jump through payment hoops. Normally, that wouldn't be news—countries trade oil all the time. But this deal stands out because it happened during a messy time in the Middle East, when key shipping routes got tang

business

Fuel Swaps and Energy Scrambles in Asia

March 31, 2026

Indonesia’s president flew to Tokyo amid a regional rush to find new fuel sources. The Middle East conflict has cut many supplies, and now countries are trading energy to keep their economies running. Jakarta is planning a deal that would bring more liquefied natural gas into Japan while sending liq

politics

Kerosene’s comeback shows how global tensions mess with daily life

March 31, 2026

In India, kerosene used to be the fuel of frustration. Families used it not because they liked the smell but because it was cheap and easy to find. Many households relied on it for tasks like heating water, especially in places where modern gas wasn’t an option. But kerosene had a dark side too. The

opinion

Gas Prices Won’t Rise From the Strait Block

March 23, 2026

The Iranian forces have shut down the Strait of Hormuz, hoping to hurt America by pushing up fuel costs. But the U. S. relies on oil that passes through this waterway only a little, so American gas should stay stable. Most of the oil that moves through the strait is headed to China, India and Japan,