Iran Slashes Crude Prices as Hormuz Tanker Traffic Swells
Iranian crude discounts deepen as record Hormuz shipments flood the market, weighing on global oil benchmarks and widening the Brent-Dubai spread.
Iranian crude discounts deepen as record Hormuz shipments flood the market, weighing on global oil benchmarks and widening the Brent-Dubai spread.
Iran's oil exports leap as seven supertankers depart following blockade removal, raising concerns of oversupply and pressuring crude prices.
A surge in Persian Gulf crude production is set to test Asian demand, pushing oil prices lower as supply outpaces consumption. Asian…
Supertankers hauling 80 million barrels of crude approach the Strait of Hormuz, amplifying supply risk and lifting oil prices.
The reopening of the Strait of Hormuz triggers a massive oil field restart across Saudi Arabia and the UAE, visible from space,…
Crude oil stockpiles at the Cushing, Oklahoma, storage hub plunged to critical lows, threatening to lift WTI and Brent prices as physical…
Iran’s oil tanker redeployment ahead of a US deal points to potential Gulf crude supply boost that could weigh on oil benchmarks.
The Iran war disrupts critical Middle Eastern oil supply routes, driving crude prices sharply higher and threatening a long-term restructuring of global…
AIB’s Hunt argues the recent oil price decline is unsustainable due to underlying supply tightness, warning against overoptimism.
Turkey's push for higher oil flows through the Iraq-Turkey pipeline as part of deal renewal talks signals potential for increased Iraqi crude…
Middle East oil benchmarks fell amid growing expectations of higher OPEC+ output, dragging global crude prices lower.
As Iran's oil footprint shrinks, China's vast strategic stockpiles and pivotal importer status provide a new lever to influence benchmark crude prices,…