Oil Tanker Loads at Key Saudi Hub for First Time in Weeks
Oil tanker resumes loading at key Saudi terminal after weeks, adding supply and pressuring crude prices.
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…
Idle Iranian oil terminals amid a US naval blockade threaten to remove significant crude supply from global markets, lifting oil prices.
Trump's move away from strikes towards allied diplomacy on Iran leaves oil prices in limbo as elevated tanker insurance and supply rerouting…
Crude oil prices rose on Aug 10 amid tightening supply outlook and steady demand.
BP’s sale of German refining assets to a US investor reshapes the country’s downstream oil sector and advances BP’s divestment push.