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...
Saudi Arabia has raised the price of its primary crude grade for Asia to record levels as Iran’s near-total closure of the Strait of Hormuz restricts...
Investors executed roughly half a billion dollars in oil trades just minutes before Donald Trump announced “productive” talks with Iran, prompting questions about timing and market...
G7 finance ministers are set to convene for discussions regarding a coordinated release of petroleum from emergency stockpiles, an initiative managed by the International Energy Agency...
OPEC+ countries decided to keep the production restrictions agreement in force until the end of this year, ignoring Donald Trump’s calls to lower oil prices. Meanwhile,...