One of the world's biggest oil companies says the pain may last into 2027.

Shell CEO Wael Sawan joins 'Money Movers' to discuss the company's latest acquisition of ARC Resources, economic themes, and more.

The oil market hopes the U.S. and Iran will strike a deal that could reopen the Strait of Hormuz and restore energy shipments.

Shell Plc Chief Executive Officer Wael Sawan said oil and liquefied natural gas shortages caused by the Strait of Hormuz blockade could continue for months and potentially into next year.

The world is facing a growing oil supply shortfall.

The global oil market has faced a supply shock of high magnitude. Gas prices have spiked, and ordinary drivers feel it every time they pull up to the pump. That memory is worth keeping in mind as ...