Oil Extends Decline on Unimpeded Strait of Hormuz Barrels
Oil prices extend decline as Strait of Hormuz flows remain uninterrupted, removing a key supply risk premium.
Oil prices extend decline as Strait of Hormuz flows remain uninterrupted, removing a key supply risk premium.
Shell announces leadership changes in its energy trading business as David Wells retires, signaling a planned transition in a unit that contributes…
US crude grades shed the Iran war risk premium as the energy supply crisis eases, driving down oil prices and signaling a…
The U.S. moved 10 million barrels through the Strait of Hormuz, undercutting Iran's power to disrupt oil flows and pressuring crude prices…
UAE oil exports hit pre-war levels as dark ships and the Hormuz bypass pipeline swell global crude supply, weighing on Brent amid…
Oil tankers adopt convoy formations through the Strait of Hormuz while Gulf crude keeps flowing, reducing immediate supply disruption fears and weighing…
Goldman Sachs forecasts an oil market oversupply by late 2026 due to surging non-OPEC output and weakening demand, threatening to push Brent…
Spain’s record June heatwave deaths underscore rising climate risks for European energy and agriculture markets as demand for cooling fuels oil price…
Saudi Aramco's unusual spot oil sales and accelerated shipments hint at oversupply, weighing on crude oil futures in the near term.
Western Europe braces for repeated heat waves through July, threatening crops, energy grids, and weighing on the euro and European equities.
Eni partners with Mercuria to establish a global energy commodities trading venture, merging physical supply with trading expertise to compete with the…
Gold prices declined for a third consecutive day as Federal Reserve signals and a resurgent US dollar dampened demand for the precious…