Amid Iran war supply disruptions, Nigerian oil producers are boosting output to capitalize on higher prices and fill the global supply gap.
Bharat Petroleum Corporation Limited (BPCL) shifts to spot crude markets after Iran conflict disrupts long-term supply contracts, driving up refining costs and…
Oil prices declined sharply after President Trump announced he called off a strike on Iran, reducing the geopolitical risk premium that had…
Brent crude oil prices surged to $111 a barrel on renewed U.S.-Iran tensions after former President Trump threatened military action, stoking fears…
Global oil stockpiles could approach all-time lows by the end of May due to the Strait of Hormuz closure, UBS analysts warn,…
A spill near Iranian export infrastructure has slashed oil flows, according to TankerTrackers, raising concerns over global supply disruptions and pushing Brent…
Oil consolidates gains above $72 as strained Iranian exports and a surprise U.S. inventory draw amplify supply fears amid ongoing Middle East…
Iran’s Kharg Island oil export halt removes 1.5mb/d from global supply, lifting Brent above $90 and tightening energy markets amid the first…
Japanese refiner taps Mexican crude to bypass Hormuz turmoil, underscoring supply fears and potential upside for oil benchmarks.
Russia projects 2026 crude output flat at 10.3 million b/d, squeezed by accelerating Ukrainian drone strikes on refining infrastructure that tighten the…
Kazakh CPC oil exports are set to fall by 200,000 barrels per day in June due to pipeline maintenance, squeezing European crude…
Vietnam’s urgent plea to the US Navy to release an oil tanker from a blockade lifted crude oil prices as supply disruption…