As Iran's oil footprint shrinks, China's vast strategic stockpiles and pivotal importer status provide a new lever to influence benchmark crude prices,…
Brent and WTI hover near multi-month lows amid reports of progress in Hormuz negotiations, reducing the geopolitical risk premium.
Goldman Sachs lowers 2027 crude oil price estimates, pointing to an oversupplied market driven by accelerating non-OPEC output and a possible rollback…
Iranian oil production plunged 19% in May, OPEC data shows, raising concerns about global crude supply and potential price spikes.
Crude oil's failure to reach $100 a barrel stems from a perfect storm of oversupply, weakening demand, and a resilient U.S. dollar…
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…
Kuwait’s oil chief seeks pipeline alternatives to skirt the Strait of Hormuz, signaling ongoing supply-side risks that could support crude prices in…
UAE's decision to offload bumper Gulf oil volumes for near-term loading signals a significant supply injection, threatening to depress Brent and WTI…
A flood of crude oil from the Persian Gulf will hit markets as the Strait of Hormuz reopens, threatening to sink oil…
Saudi Arabia cut July crude oil prices to Asia for the first time in months, suggesting demand worries, while overall prices remain…
Big Oil's pivot toward Venezuela signals a potential supply boost that could depress crude benchmarks and reshape the energy sector landscape.