Record-breaking US crude inventory drop, fueled by surging exports, tightens supply and sets the stage for a sharp rally in WTI and…
Amid Iran war supply disruptions, Nigerian oil producers are boosting output to capitalize on higher prices and fill the global supply gap.
Russian crude loadings from Novorossiysk jumped to full capacity, adding 370,000 b/d and pressuring Brent prices as the global surplus widens.
Indian airlines press oil majors to postpone jet fuel price increases as rising crude costs threaten airline profitability.
Oil prices declined sharply after President Trump announced he called off a strike on Iran, reducing the geopolitical risk premium that had…
BofA commodities analyst Francisco Blanch projects $90 per barrel as the best case for Brent crude, warning that supply increases and fragile…
Brent crude oil prices surged to $111 a barrel on renewed U.S.-Iran tensions after former President Trump threatened military action, stoking fears…
Shell Brazil executive departs following Orca oil project go-ahead, creating uncertainty around Shell’s deepwater expansion while adding to future global crude supply.
Nigeria’s Oando capitalizes on Iran war oil supply disruption as risk-averse buyers pivot to Nigerian crude, driving Brent prices above $90 and…
UAE's planned 2027 completion of a Hormuz-bypass oil pipeline reduces long-term supply disruption risks, weighing on crude prices.
President Trump reveals that Chinese counterpart Xi Jinping is receptive to expanding US oil imports, a development that could lift US crude…
North Sea oil flipped to a rare discount during the Iran conflict as oversupply and weak demand eclipse geopolitical risk, hitting Brent…