Adnoc’s $1.3 billion tanker purchase underscores booming UAE crude exports and long-term oil market optimism.
The CPC oil terminal in Russia resumed Kazakh crude loadings after a drone attack, easing global supply tightness and stabilizing oil prices.
Saudi oil exports recovering to pre-war levels and higher Hormuz flows signal a less constrained global oil market, weighing on crude prices.
Saudi Arabia's ramped-up oil exports following port restarts threaten to deepen the crude supply glut and weigh on prices.
Saudi Arabia restarts Ras Tanura oil exports, boosting global crude supply and weighing on prices.
Russia ramps up crude exports to near-record levels while Ukrainian drone strikes on refineries shift the balance from product supply to raw…
Iraq's increased crude exports and a surge in tanker traffic through the strategic Strait of Hormuz signal potential bearish pressure on oil…