Russia's primary Black Sea oil export hub faces a fuel crunch, potentially curbing crude shipments and lifting global oil prices.
Citi predicts Brent crude will tumble to $60 per barrel by year-end, pointing to a bearish shift in oil markets.
Oil prices steadied as more supply flowed through the Strait of Hormuz, easing fears of a supply disruption at the critical energy…
Chinese independent refiners are capitalizing on tumbling oil prices to secure cheap Middle Eastern crude, underscoring how price sensitivity among Asian buyers…
Oil prices extend decline as Strait of Hormuz flows remain uninterrupted, removing a key supply risk premium.
Musk ally Antonio Gracias targets AI and energy investments after a SpaceX windfall, lifting sentiment for AI chipmakers and clean energy stocks.
Goldman Sachs forecasts an oil market oversupply by late 2026 due to surging non-OPEC output and weakening demand, threatening to push Brent…
Western Europe braces for repeated heat waves through July, threatening crops, energy grids, and weighing on the euro and European equities.
Ukrainian drone strikes cripple Russian refining capacity, triggering a domestic fuel scramble that props up global oil prices and weighs on the…
A crude tanker attack in the Middle East lifts oil prices as markets brace for possible supply disruptions, with Brent and WTI…
Europe’s summer heatwave pushes cooling demand to new highs, driving natural gas prices and pressuring the euro as import costs climb.
Record heatwaves across Europe, with temperatures rising twice the global average, disrupt energy and agriculture sectors, raise insurance claims, and dim eurozone…