EU Mulls Halting Russia Oil Price Cap as Iran War Roils Supply
EU considers pausing Russia oil price cap amid Iran war-driven supply fears, lifting crude benchmarks as traders assess geopolitical risk premium.
EU considers pausing Russia oil price cap amid Iran war-driven supply fears, lifting crude benchmarks as traders assess geopolitical risk premium.
Alberta wildfires threaten Lac la Biche oil sands, stoking crude supply fears and lifting benchmark prices.
Oil markets whipsaw and gold firms as Trump’s conflicting cues on Iran sanctions inject fresh uncertainty into energy supply and geopolitical risk…
U.S. medium sour crude prices fell as monthly export volumes retreated from all-time highs, easing the demand-side support that had kept the…
TotalEnergies CEO reveals the oil trading division generates $2 billion per year, underscoring the firm's diversified earnings and robust risk management capabilities…
About one-quarter of large crude oil tankers trapped by the Iran war have escaped, easing supply constraints and pressuring oil prices.
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Oil prices opened lower after a tentative deal to extend the Iran truce reduced geopolitical risk premiums and eased supply disruption fears.
Southwest Airlines claims fare hikes will outlast the current oil slump, pointing to stronger airline earnings as fuel costs retreat.
U.S. stocks reversed declines and crude oil pared its rally on a report suggesting progress in Iran nuclear deal talks, boosting risk…
Oil tanker drone attacks off Turkey’s Black Sea coast threaten global crude supply, with potential shipping disruptions that could lift oil prices…