Iran-backed attacks on oil tankers near the Strait of Hormuz have disrupted maritime traffic, threatening global crude supply and lifting Brent prices…
Exxon's $3.7 billion profit jump highlights how war-driven oil spikes bolster energy giants.
Investors and oil companies bet on Venezuela’s oil riches following Maduro’s fall, navigating political quakes to tap OPEC member’s underdeveloped fields.
Indian state refiners’ readiness for Iran oil could boost global supply, cap oil prices, and support Indian assets, analysts say.
Saudi Arabia’s official selling price reduction deepened concerns about a crude supply glut, keeping oil benchmarks near recent lows.
Oil's sudden price reversal stokes oversupply fears, with WTI and Brent plummeting as rising inventories and weak demand signal a global glut;…
Russia's primary Black Sea oil export hub faces a fuel crunch, potentially curbing crude shipments and lifting global oil prices.
Citi projects that oil may slump to $60 per barrel as the Strait of Hormuz risk premium unwinds, exposing crude to oversupply…
Chinese independent refiners are capitalizing on tumbling oil prices to secure cheap Middle Eastern crude, underscoring how price sensitivity among Asian buyers…
Iran’s floating oil stockpile hits record highs as China and India cut imports, deepening the crude supply glut and weighing on global…
Oil prices extend decline as Strait of Hormuz flows remain uninterrupted, removing a key supply risk premium.
The U.S. moved 10 million barrels through the Strait of Hormuz, undercutting Iran's power to disrupt oil flows and pressuring crude prices…