Kazakh CPC oil exports are set to fall by 200,000 barrels per day in June due to pipeline maintenance, squeezing European crude…
US SPR purchases of 6 million barrels and China’s 20% import quota increase spurred a 3.2% WTI rally to $68.45, arresting oil’s…
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…
A key US congressional vote on year-round E15 ethanol blending faces a deadlock, leaving corn, ethanol, and crude oil markets in suspense…
Morgan Stanley flags a potential oil supply shock as the Strait of Hormuz faces elevated geopolitical risk, sending crude prices higher.
Physical oil buyers backed away, easing the squeeze and dragging prompt futures lower — a bearish short-term signal for crude.
Modi's fuel-conservation appeal targets India’s $100B+ oil imports, potentially pressuring crude prices and lifting Indian equities if consumption drops.
Bullish options activity surges in Occidental Petroleum (OXY) ahead of earnings, with traders betting on a positive report from the Warren Buffett-backed…
Aramco profit smashes estimates on war-fueled oil price surge, offsetting export disruptions.
Maersk CEO sees passing higher oil shock costs to customers as crude prices surge, signaling rising shipping surcharges, inflationary pressure, and resilience…
Shell profit beats consensus as Iran war volatility supercharges oil trading revenue.