Bloomberg reports that oil supply restrictions are set to continue through 2027, likely sustaining elevated crude prices amid prolonged production cuts.
Oil prices steadied on August 11 as the market awaited inventory data and OPEC+ policy clues, keeping WTI near $70 and Brent…
Trump's move away from strikes towards allied diplomacy on Iran leaves oil prices in limbo as elevated tanker insurance and supply rerouting…
Abu Dhabi’s oil output expansion plan collides with an expat gold rush as Turkey, Hong Kong, and Dubai unveil incentives for the…
Crude oil prices rose on Aug 10 amid tightening supply outlook and steady demand.
Saudi crude exports to the U.S. fall to zero as American refiners increasingly turn to alternative crude sources, reshaping global oil trade…
Saudi Arabia's reduction in crude oil prices to Asian customers and potential Hormuz deal weaken the bullish case for oil, driving a…
Bloomberg’s August 6 oil market analysis examines crude price action, supply risks, and demand outlook amid global economic uncertainty and OPEC+ strategy…
Saudi Arabia’s oil exports dropped in July due to mounting security threats in the Red Sea and Strait of Hormuz, lifting crude…
Oil prices surge with Brent above $85 and WTI over $81 on OPEC+ cuts and shrinking US stockpiles, fueling bullish short-term outlook.
Brazil's record-breaking oil output and war-fueled non-OPEC supply surge are combining to flood global crude markets, potentially driving benchmark oil prices lower…
Kuwait’s July oil output hit its highest since the Mideast war started, adding to global supply and pressuring crude prices amid fragile…