Aramco Sees 100 Million-Barrel Oil Loss Each Week Hormuz Is Shut
Saudi Aramco warns a Strait of Hormuz closure could knock 100 million barrels of oil off the market each week, stoking fears…
Saudi Aramco warns a Strait of Hormuz closure could knock 100 million barrels of oil off the market each week, stoking fears…
Discounts on Russian Urals crude widened for first time since the Iran-Iraq war, deepening global oil price pressure amid tighter G7 price…
Saudi oil exports to China set for deep June plunge as OPEC+ cuts and Russian discount barrels reshape Asian crude trade flows.
Thai Oil diversifies crude sourcing to Africa and the Americas, a strategic pivot that may nudge Atlantic Basin benchmarks higher while Middle…
Asian currencies slid after crude oil jumped above $128 on Iran's threat to blockade the Strait of Hormuz, lifting the dollar and…
Modi's fuel-conservation appeal targets India’s $100B+ oil imports, potentially pressuring crude prices and lifting Indian equities if consumption drops.
Jet fuel shortage fears ahead of European summer holidays risk higher travel costs and airline margin pressure, sparking volatility in oil and…
Maersk CEO sees passing higher oil shock costs to customers as crude prices surge, signaling rising shipping surcharges, inflationary pressure, and resilience…
Ukraine's strike on a major Russian oil pumping station deep inside the country triggered a rally in crude oil prices and safe-haven…
Trump rules out oil export curbs after US crude exports surge to a record 5.2 mb/d, pressuring WTI but lifting energy stocks…
Oil loading delays at Oman's port disrupt crude flows, sparking fears of a supply squeeze that lifts oil prices.
Oil shock triggers Asian government interventions as crude prices spike, rattling equities, currencies, and stoking inflation fears across the region.