Western fuel markets hit unprecedented tightness as Hormuz escalation drives record prices and backwardation in crude and gasoline, threatening global supply chains…
Brent crude rallied 10% to above $85 after Trump imposed a fee on Hormuz tanker transits, tightening crude supplies and igniting the…
China’s crude oil imports fell to the lowest monthly level in nearly a decade, intensifying bearish pressure on Brent and WTI crude…
President Trump's reinstatement of a blockade on Iranian ships sent oil prices sharply higher on supply disruption fears.
Iran shipped 57 million barrels of crude oil between US blockades, boosting global supply and pressuring crude benchmarks like Brent and WTI.…
South Africa's first strategic oil reserve expansion since apartheid is set to boost crude demand and support oil prices, while weighing on…
Rising Middle East tensions drive oil tankers from the Gulf, straining shipping capacity and stoking supply fears that could push crude prices…
US-Iran military strikes have brought Hormuz oil passage to a near halt, sending Brent crude up 9% and triggering a flight to…
Saudi Arabia’s campaign to revive Gulf oil loadings runs into buyer caution, signaling weak demand and sending a bearish pulse through crude…
Iran gloating after US strikes lifted crude oil prices as markets braced for supply shocks in the Strait of Hormuz.
The US revocation of a 60-day waiver for Iranian oil tankers creates supply uncertainty, lifting crude prices as millions of barrels are…
A deal between BB Energy and South Sudan unblocks oil sales, with the resumption of exports poised to add small but bearish…