Saudis Tell OPEC That Oil Output Sank Again to Lowest Since 1990
Saudi oil output sank to a 34-year low in April, amplifying OPEC+ supply cuts that propelled Brent crude above $84 and tightened…
Saudi oil output sank to a 34-year low in April, amplifying OPEC+ supply cuts that propelled Brent crude above $84 and tightened…
Iran’s Kharg Island oil jetties are empty for a second time this month, satellite data shows, threatening global crude supply and driving…
India’s looming pullback from Russian crude imports on a possible US sanctions-waiver lapse threatens to disrupt global oil flows, redirect demand to…
Ghana eyes Lukoil's sanctioned oil block stake in a potential energy sector expansion move, highlighting sanctions-driven asset sales and emerging market energy…
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…
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…
Operational halts at Russia’s Novorossiysk port due to drones and storms slash crude exports, stoking oil-supply fears and pushing Brent prices higher.
WTI rallied 2.1% to $75.30 after a tenuous US-Iran ceasefire stoked supply disruption fears, lifting oil and safe havens.
Oil tanker halt in the Gulf of Oman reignites chokepoint fears, set to lift crude prices on supply disruption concerns.
Saudi Aramco warns a Strait of Hormuz closure could knock 100 million barrels of oil off the market each week, stoking fears…
Europeans continue high fuel use despite oil price spike, pointing to inelastic demand in energy markets.