Iran war risks spur Australia to approve a giant oil field, easing near-term supply fears but altering long-term crude supply dynamics.
An Iraqi crude supertanker exited the Persian Gulf while diplomatic talks continue, signaling potential easing of supply disruptions and weighing on oil…
Saudi Arabia's oil export revenue surged to a three-year high in March, as crude oil prices rally and OPEC+ production cuts tighten…
Amid Iran war supply disruptions, Nigerian oil producers are boosting output to capitalize on higher prices and fill the global supply gap.
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.