South Africa's first strategic oil reserve expansion since apartheid is set to boost crude demand and support oil prices, while weighing on…
Rising Middle East tensions drive oil tankers from the Gulf, straining shipping capacity and stoking supply fears that could push crude prices…
Bitcoin and the broader crypto market slid on Wednesday as renewed military strikes between the U.S. and Iran drove oil prices higher,…
Iran gloating after US strikes lifted crude oil prices as markets braced for supply shocks in the Strait of Hormuz.
The US revocation of a 60-day waiver for Iranian oil tankers creates supply uncertainty, lifting crude prices as millions of barrels are…
Oil prices surged following attacks on ships in the Strait of Hormuz, highlighting vulnerability of the world's most important oil transit route.
Canada unleashes a surge of oil drilling permits in a new geological play, adding bearish pressure to crude markets as non-OPEC supply…
OPEC+ emerges from wartime constraints and signals a return to higher production, which could flood the market with excess supply and drive…
Oil prices declined on July 5 as the Strait of Hormuz saw no disruption and OPEC+ prepared to increase output, with WTI…
OPEC+ ratified a modest oil output hike for August, lifting daily production by 400,000 barrels as Gulf output recovers, a move likely…
Oil's sudden price reversal stokes oversupply fears, with WTI and Brent plummeting as rising inventories and weak demand signal a global glut;…
Saudi oil exports recovering to pre-war levels and higher Hormuz flows signal a less constrained global oil market, weighing on crude prices.