Equinor's chief crude trader, a nine-year veteran overseeing the company's oil trading division, has departed, sending ripples through crude markets and raising…
Oil prices surged following attacks on ships in the Strait of Hormuz, highlighting vulnerability of the world's most important oil transit route.
Canada unleashes a surge of oil drilling permits in a new geological play, adding bearish pressure to crude markets as non-OPEC supply…
OPEC+ emerges from wartime constraints and signals a return to higher production, which could flood the market with excess supply and drive…
Oil prices declined on July 5 as the Strait of Hormuz saw no disruption and OPEC+ prepared to increase output, with WTI…
Oil tankers navigating the Strait of Hormuz rerouted to a path along the Omani coast after making U-turns, a sign of heightened…
OPEC+ ratified a modest oil output hike for August, lifting daily production by 400,000 barrels as Gulf output recovers, a move likely…
OPEC+ announced a 188,000 barrel-per-day quota hike and Gulf oil flows resumed, triggering a selloff in crude futures as markets braced for…
Oil's sudden price reversal stokes oversupply fears, with WTI and Brent plummeting as rising inventories and weak demand signal a global glut;…
Brent crude rallies after a drone strike on a St. Petersburg oil terminal raises supply disruption fears and adds a geopolitical risk…
Citi predicts Brent crude will tumble to $60 per barrel by year-end, pointing to a bearish shift in oil markets.
European governments expect Strait of Hormuz transit tolls to become reality, disrupting oil shipments and pushing benchmark crude prices higher amid rising…