Oil Extends Drop as Tanker Flow Through Hormuz Returns to Normal After Talks
Oil benchmarks slipped as the resumption of tanker crossings through the Strait of Hormuz after peace talks removed a key supply-risk premium.
Oil benchmarks slipped as the resumption of tanker crossings through the Strait of Hormuz after peace talks removed a key supply-risk premium.
Nova Scotia plans to transform into an oil and gas giant, potentially altering North American energy flows and commodity market sentiment.
Asian crude demand retreats after a buying surge, signaling softer near-term physical markets and bearish pressure on global oil benchmarks.
A Persian Gulf tanker booking at 897% of the benchmark freight rate exposes a severe vessel scarcity, likely driving up crude oil…
Chinese independent refiners cut crude runs to a nine-year low, raising concerns over oil demand destruction and pressuring global crude benchmarks lower.
UAE oil exports jumped to 85% of pre-war levels according to the IEA, boosting global crude supply and weighing on oil prices…
Pemex and Petrobras agreed to a joint venture spanning oil exploration and refining, marking a significant step toward deeper energy cooperation between…
Russian oil exports hit a 2026 high, coinciding with an Iran sanctions waiver that threatens to add more supply and pressure crude…
Iran's struggle to diversify oil buyers beyond China signals limited near-term supply relief for global crude markets, as sanctions risks deter new…
ECB’s Escrivá flags oil-driven cost pressures spreading beyond energy, threatening a fresh inflation pulse in the eurozone.
Iran's diplomatic push to attract Asian oil buyers following a US sanctions waiver signals increased crude supply, adding downward pressure on oil…
Gold prices steadied near $2,320 an ounce after early U.S.-Iran peace signals reduced safe-haven demand, with traders monitoring diplomatic progress and upcoming…