Russian oil production drops to a one-year low driven by drone attacks on energy infrastructure, tightening global supply and boosting crude prices.
Oil prices rally as a 50% surge in Hormuz oil sneakouts intensifies US-Iran tensions, threatening global supply and boosting safe-havens like gold.
Iranian oil production plunged 19% in May, OPEC data shows, raising concerns about global crude supply and potential price spikes.
Japan’s Economy Minister confirms all oil shipments will avoid the Strait of Hormuz in July, raising shipping costs and underlining Tokyo’s energy…
Brazil’s Lula and Mexico’s Sheinbaum discuss possible oil and biofuel deals, lifting hopes for Latin American energy collaboration and boosting regional currencies…
Crude oil's failure to reach $100 a barrel stems from a perfect storm of oversupply, weakening demand, and a resilient U.S. dollar…
US inflation accelerated to a three-year high in May as war-driven gas prices spiked, pressuring Fed policy and weighing on stocks while…
Crude oil prices soared more than 4% after the United States launched fresh strikes on Iran, threatening a fragile truce and fueling…
The US Treasury eased restrictions across Venezuela licenses, a move that could lift oil exports and weigh on crude prices while reviving…
Closure of the Strait of Hormuz drives China to restock massive coal reserves, accelerating Asia’s coal demand and tightening oil markets, a…
Tankers go dark near the Strait of Hormuz to sneak more Gulf barrels, increasing crude supply and adding short-term bearish pressure on…
Iraq's increased crude exports and a surge in tanker traffic through the strategic Strait of Hormuz signal potential bearish pressure on oil…