A grounded oil tanker leaking off the coast of Oman has sparked an urgent salvage operation, raising short-term supply disruption risks for…
Iraq has named Abu Dhabi's ADNOC among buyers of its oil, reinforcing trade ties between the two major OPEC producers and supporting…
The Strait of Hormuz remains open, erasing a key supply risk for oil markets and pressuring WTI and Brent crude benchmarks as…
Bloomberg's Aug. 13 oil market news and analysis covers crude oil prices, supply-demand dynamics, and geopolitical factors affecting energy markets, though the…
Oil tanker resumes loading at key Saudi terminal after weeks, adding supply and pressuring crude prices.
Iran war escalation intensifies an oil supply crunch, driving crude prices higher and lifting energy-sector assets amid renewed geopolitical risk.
The IEA reports a widening oil supply deficit as war curtails demand but supply falls even faster, pointing to tighter fundamentals and…
Bloomberg reports that oil supply restrictions are set to continue through 2027, likely sustaining elevated crude prices amid prolonged production cuts.
US officials warn that Iran war-related oil supply disruptions will persist through 2027, fueling a sustained bull market in crude benchmarks as…
Russia's crude oil exports dropped to their lowest level since May, tightening global supply and raising the risk of higher oil prices…
Oil prices hold gains while the yen weakens, placing energy and currency markets in focus in the latest global market wrap.
Oil prices steadied on August 11 as the market awaited inventory data and OPEC+ policy clues, keeping WTI near $70 and Brent…