The Trump administration is seeking to reopen closed oil refineries across the country—including a troubled facility in the Virgin Islands—in response to rising gasoline prices driven...
Crude oil shipments from Saudi Arabia’s Yanbu Port on the Red Sea coast have dropped by 40% over the past few days. According to data published...
Oil prices have risen above $90 a barrel for the first time in more than a month after the United States launched a new wave of...
Greek shipping companies have generated at least $3.8 billion in revenue by transporting Russian oil over the past three years, despite G7 efforts to curb Moscow’s...
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 seaborne crude oil exports have reached their highest level since the beginning of 2022. According to tanker tracking data cited by Bloomberg, the sharp increase...
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...
OPEC oil production fell in May to its lowest monthly level in more than two decades, according to a Reuters survey. The decline was driven by...
A prolonged disruption in energy supplies resulting from conflict in Iran would deal a severe blow to the global economy, according to a new economic outlook...
