Oil Steadies After Slump on Trump's Iran Threats
Oil prices stabilized following a drop driven by Trump's Iran threats, with traders balancing geopolitical risk premium against worries over excess supply…
Oil prices stabilized following a drop driven by Trump's Iran threats, with traders balancing geopolitical risk premium against worries over excess supply…
Russian crude loadings from Novorossiysk jumped to full capacity, adding 370,000 b/d and pressuring Brent prices as the global surplus widens.
The International Energy Agency chief warns that commercial oil stockpiles are dropping at the fastest rate in years, tightening global supply and…
A spill near Iranian export infrastructure has slashed oil flows, according to TankerTrackers, raising concerns over global supply disruptions and pushing Brent…
Venezuela’s oil contract offer to drillers could pave the way for increased crude production, posing a bearish risk for oil prices if…
Saudi oil output sank to a 34-year low in April, amplifying OPEC+ supply cuts that propelled Brent crude above $84 and tightened…
Oil consolidates gains above $72 as strained Iranian exports and a surprise U.S. inventory draw amplify supply fears amid ongoing Middle East…
Saudi oil exports to China set for deep June plunge as OPEC+ cuts and Russian discount barrels reshape Asian crude trade flows.
Citi sees oil markets 'moving around like crazy' in a hope-and-fear dance, prices gyrating on supply hopes and recession fears without a…