The Wall Street Journal reports that the rapid recovery of the oil market toward pre-war levels between the US and Iran is placing Tehran’s leverage over...
US commercial crude oil inventories fell to their lowest level since 2018 in the week ending June 26 as demand from domestic refineries increased, according to...
Russia’s oil exports have reached their highest volume of the year so far, despite intensifying competition in the Indian market, one of the country’s key destinations...
The European Commission has proposed keeping the price cap on Russian oil at its current level until January, seeking to avoid a mandatory increase under the...
Iraq and Pakistan have signed agreements with Iran to secure oil and liquefied natural gas (LNG) shipments from the Gulf, underscoring Tehran’s ability to control energy...
Large-scale oil trades placed minutes before Axios published a report claiming the United States and Iran were nearing an agreement to end the war have renewed...
Mike Wirth, the CEO of US energy giant Chevron, warned on May 4 that a physical shortage of crude oil is beginning to take hold, driven...
The United States exported a record 5.2 million barrels of crude oil per day in April, according to data from the commodity analytics firm Kpler. This...
The global oil market is facing a high-scale supply shock, with rising fuel prices continuing to impact drivers at the pump on a daily basis. In...
While the military dimension of the conflict in Iran appears to have reached a temporary standstill, its impact on global prices remains pervasive. Economists project that...
