China’s Crude Imports Plunge, Set to Drop Further in June as Demand Slumps
China’s crude oil imports are collapsing, with June seen logging further declines, as weak refinery margins and brimming stockpiles curb appetite, threatening…
China’s crude oil imports are collapsing, with June seen logging further declines, as weak refinery margins and brimming stockpiles curb appetite, threatening…
WTI and Brent crude prices steadied on Thursday after an earlier rally driven by a ship attack near the Strait of Hormuz,…
A vessel was hit in the Strait of Hormuz, forcing oil tankers to turn back and sparking fears of a supply disruption…
Crude oil exports from the Persian Gulf have rebounded to 75% of pre-conflict levels, easing global supply fears and likely capping near-term…
US airline stocks have erased all pandemic-era losses, propelled by softening oil prices that reduce the industry's largest variable cost and enhance…
Iraq's threat to leave OPEC unless its oil output quota is raised injects fresh uncertainty into crude markets, with Brent and WTI…
French Navy's boarding of a shadow fleet tanker near Sicily escalates sanctions enforcement, threatening oil flows and injecting geopolitical risk into European…
Palm oil suffered its biggest single-day drop in a month, dragged lower by a slump in crude oil that erased the geopolitical…
Crude oil prices fell sharply after the Strait of Hormuz reopened, unleashing a wave of supply that threatens to deepen the global…
Growing ship traffic through the Strait of Hormuz and declining war risk costs pressure oil prices as supply security confidence returns.
A Persian Gulf tanker booking at 897% of the benchmark freight rate exposes a severe vessel scarcity, likely driving up crude oil…
Chinese independent refiners cut crude runs to a nine-year low, raising concerns over oil demand destruction and pressuring global crude benchmarks lower.