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Kevin Crowley, Sonic AI
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Kevin Crowley
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Kevin Crowley
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The United Arab Emirates plans to double its oil export capacity that bypasses the Strait of Hormuz and aims to have a new pipeline operational by next year.
Expert perspective
Kevin Crowley
May 17
Brent crude oil prices settled at $109 per barrel, an increase of 10% for the week.
Official source
Kevin Crowley
May 17
The Strait of Hormuz, a 21-mile waterway, is a chokepoint for 20% of the world's oil and gas production.
Expert perspective
Kevin Crowley
May 17
The federal tax on gasoline is $0.18 per gallon.
Official source
Kevin Crowley
May 17
The futures price for crude oil for delivery at the end of the year has risen to $80 per barrel, up from approximately $70 a month ago.
Official source
Kevin Crowley
May 17
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