WTI and Brent Rally as Russian Refinery Strikes Tighten Global Oil Supply
WTI and Brent crude prices climb as geopolitical tensions and refinery strikes threaten global energy supply chains, complicating the impact of new…
WTI and Brent crude prices climb as geopolitical tensions and refinery strikes threaten global energy supply chains, complicating the impact of new…
HSBC CEO Georges Elhedery predicts the Strait of Hormuz will become redundant for oil transit by 2031 as Middle Eastern nations accelerate…
Physical oil markets are decoupling from futures as Dated Brent hits $120, driven by supply constraints, European diesel stock releases, and renewed…
WTI crude prices trade lower at $89.10 as recovering Middle East oil shipments alleviate supply fears, reversing the modest gains recorded in…
Markets surged on Monday as Brent crude dropped 3.4% and tech stocks rallied, led by an 8.6% jump in Meta Platforms and…
Chevron shares trade at $214 as CEO Mike Wirth highlights the risk of thin global oil buffers while leveraging record production and…
Rosneft begins crude shipments from its flagship Vostok Oil project, signaling a major expansion in Arctic production capacity despite international sanctions and…
Rising bond yields and surging oil prices weigh on investor sentiment, though energy and tech stocks manage to post gains in early…
China’s crude imports rebounded in July from a near-decade low, pointing to recovering demand that may lift global oil prices.
A $4.5 billion oil-backed loan aims to lift Nigeria’s reserves, potentially easing naira pressure and shifting near-term oil supply expectations.
President Trump’s Iran deal permits non-dollar oil trade, challenging dollar hegemony and lifting euro and gold prices while pressuring the dollar index.
Crude oil futures decline as diplomatic agreement to reopen Strait of Hormuz takes effect, reducing supply fears; WTI and Brent slip amid…