Expanding oil slicks in the Persian Gulf amid ongoing war threaten crude supply and could push oil benchmarks higher.
Oil prices are expected to surge toward $100 per barrel in 2027 as the escalating Iran conflict threatens crude supply, according to…
Norway’s stock rally outpaces Europe as non-oil sectors fuel the market’s rise.
Goldman Sachs warns the Iran war is shrinking global oil inventories at the fastest pace on record, boosting crude prices and safe-haven…
A sharp rise in supertanker passages through the Strait of Hormuz lifted oil flows, pointing to higher supply and potential downward pressure…
Goldman Sachs reports that global oil inventories are shrinking at a record-breaking speed amid war-driven supply fears, signaling tighter market conditions and…
Oil prices recover slightly after a sharp drop on hopes a US-Iran deal will lift sanctions and increase crude exports, though uncertainty…
New England's grid turned to oil-fired power as a record heatwave hit the Northeast, lifting short-term crude demand and supporting WTI prices.
Braskem's Mexico unit is sidelined by a cash crunch just as an oil boom drives up petrochemical demand, weighing on the parent…
Ukraine’s repeated attacks on Russia’s Norsi oil refinery threaten global oil supply, driving crude prices higher amid escalating energy infrastructure warfare.
Amid Iran war supply disruptions, Nigerian oil producers are boosting output to capitalize on higher prices and fill the global supply gap.
South Africa's CPI hit 4% as the Iran war lifted fuel costs, signaling potential monetary tightening and rising price pressures for the…