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Venezuela's oil exports plunged in July as a pause in the Iran war cooled Indian demand, unlocking Middle Eastern barrels
Venezuela's oil exports plunged in July as a pause in the Iran war cooled Indian demand, unlocking Middle Eastern barrels
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Brazil's Oil Output Hit Record High in June Amid Iran War Fallout, Boosting Non-OPEC Supply
Brazil's oil production reached a record high in June, as rising supplies from producers outside the Middle East helped cushion disruptions from the fallout of the war in Iran.
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Analysts warn Middle East oil tanker threat is worst since Iran war began, citing Red Sea attacks and Strait of Hormuz disruptions
Analysts from ship-tracking firm Kpler and trade body Intertanko state that the threat to oil tankers in the Middle East has reached its worst point since the Iran war started, due to a surge in attac
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US Strategic Petroleum Reserve Crude Oil Stocks Fell by About 2.85 Million Barrels to 304.8 Million Barrels Last Week, Lowest Since 1983
US Strategic Petroleum Reserve Crude Oil Stocks Fell by About 2.85 Million Barrels to 304.8 Million Barrels Last Week, Lowest Since 1983
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India's Imports of Russian Crude Hit New High of 2.8 Million BPD in July, Accounting for Over Half of Total Crude Imports
According to Kpler vessel-tracking data cited by the Times of India, India's crude oil imports from Russia rose to 2.8 million barrels per day (bpd) in July, up from the previous high of 2.7 million b
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Oil prices fall to three-week low after Trump calls off planned attack
Oil prices declined sharply on Monday as investors' hopes rose for a potential de-escalation in the conflict between the U.S. and Iran.
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Oil Stocks Fall Premarket as Crude Prices Decline Over 5%; ExxonMobil Down 1.6%, Chevron Down 1.5%, ConocoPhillips Falls 2%, Occidental Petroleum Falls 2.3%, Devon Energy Down 1.9%.
Oil Stocks Fall Premarket as Crude Prices Decline Over 5%; ExxonMobil Down 1.6%, Chevron Down 1.5%, ConocoPhillips Falls 2%, Occidental Petroleum Falls 2.3%, Devon Energy Down 1.9%.
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U.S.-Iran War Fuels Short-Term Oil Market Gains, But Experts Warn Against Long-Term Holding as WTI Crude Forecasted to $60
The U.S.-Iran war has significantly boosted short-term profits for major energy companies like ExxonMobil and Chevron, with Exxon's profits doubling to $14.5 billion and Chevron's net income surging n
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OPEC+ may decide Sunday to lift oil output quotas for a sixth straight month; analysts warn exports could be problematic amid broadening Iran war
OPEC+ may decide Sunday to lift oil output quotas for a sixth straight month; analysts warn exports could be problematic amid broadening Iran war
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Tensions Escalate in the Middle East: Oil Tanker Attacked Near Oman; Iran Threatens to Close Key Shipping Lanes, Including the Strait of Hormuz
According to reports, an oil tanker was struck by an “unidentified projectile” 11 nautical miles northeast of Oman, causing damage to the engine room; another oil tanker reported an explosion in the v
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Indian Oil Corp. Buys Record Spot Crude Share in Q2 as US-Iran Conflict Hits Mideast Supply
Indian Oil Corp. (IOC) purchased a record share of its crude oil from the spot market during the April-June quarter. This shift comes as the US-Iran conflict has disrupted traditional supplies from th
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South Korea to import over 6 million barrels of UAE crude in emergency bid to curb fuel price surge
South Korea will import more than 6 million barrels of crude oil from the United Arab Emirates as part of an emergency effort to stabilize domestic fuel prices.
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China's Crude Oil Imports Fell in Q2 2026 Amid Higher Prices from Hormuz Disruptions
China, the world's largest importer of crude oil, saw its crude oil imports decline in the second quarter of 2026. This reduction was a result of higher crude oil prices, which were caused by disrupte
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Kpler: Crude exports from Middle East Gulf remain constrained despite pause in US strikes on Iran, with loading activity halved
Crude exports from the Middle East Gulf remain constrained, despite a four-day pause in US strikes on Iran, according to data analytics firm Kpler. Vessel clearances stayed near recent lows, and Gulf
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Tankers Planned for Loading at CPC Terminal Are Reportedly Diverting from the Black Sea
Tankers that were scheduled to load at the Caspian Pipeline Consortium (CPC) Terminal are reportedly heading away from the Black Sea, according to sources and shipping data.
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Oil prices rose after the U.S. launched airstrikes against Iran, and Iran threatened to retaliate.
Oil prices rose on Thursday after the United States launched a “large-scale” airstrike against Iran late Wednesday in retaliation for Iran’s earlier missile attacks on U.S. forces in the region. Iran’
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US Oil Inventories Fall to 'Precariously Low' Level Amid Iran War Supply Disruptions
US oil inventories have fallen to a "precariously low" level, attributed to supply disruptions caused by the Iran war. The Financial Times reported that this decline could undermine the ability to sup
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TotalEnergies Reports Q2 Adjusted Net Income Up 67% to $6 Billion, Driven by Iran War and Hormuz Disruption
TotalEnergies SE reported its second-quarter adjusted net income rose 67% year-over-year to $6 billion, its best quarter in nearly three years. The surge was primarily attributed to the Iran war, whic
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Wall Street Expects Fed to Hold Rates Steady Today, But Warsh's Stance and Oil Surge Could Complicate Outlook
Wall Street widely anticipates the U.S. Federal Reserve will keep interest rates unchanged today. However, Federal Reserve Chair Kevin Warsh's focus on restoring the Fed's credibility and combating in
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Lower crude oil prices reduced U.S.-Canada energy trade value in 2025
The value of energy trade between the United States and Canada fell by 11% in 2025 to an estimated $137 billion, according to data from the U.S. Census Bureau. This decline was primarily driven by low
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Saudi Aramco Considers New Pricing for Asia-Bound Oil Amid Red Sea Disruptions
Saudi Aramco is considering implementing a new pricing system for crude oil destined for Asia, specifically for shipments originating from Egypt's Sidi Kerir. This move comes as Houthi attacks continu
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Saudi Aramco Considers New Oil Pricing for Asia Amid Houthi Threats in Red Sea
Saudi Aramco is preparing a new selling price for oil loaded at Egypt’s Mediterranean port of Sidi Kerir for delivery to Asia. This decision follows increased risks in the Red Sea due to attacks by Ir
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The market faces multiple risk events this week: the Fed’s decision, earnings reports from tech giants, and oil price volatility, all at the same time.
Global markets will face multiple risk events this week, including the Federal Reserve’s interest rate decision, a flurry of earnings reports from tech giants such as Microsoft, Meta, Apple, and Amazo
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Oil prices decline after Trump claims 'deep talks' are underway with Iran
Oil prices declined on Tuesday after Donald Trump stated that "deep talks" are in progress with Iran. Both Brent crude and West Texas Intermediate (WTI) front-month contracts saw further declines, as
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WTI crude oil fell 8.47% from its previous close, currently trading at $88.474.
WTI crude oil fell 8.47% from its previous close, currently trading at $88.474.
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North Sea crude oil prices deepened their losses as traders weighed expectations of easing tensions in Iran.
North Sea crude oil prices deepened their losses as traders weighed expectations of a cooling situation in Iran, following a heavy defeat for U.S. President Donald Trump in the mid-term elections. Acc
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Brent crude futures fell below $100 a barrel for the first time since early October.
Al Jazeera reported that at 16:05 GMT on November 4, Brent crude futures for January delivery fell 4.7% to $98.76 a barrel, dropping below the $100 mark for the first time since early October. The rep
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US crude futures fall by more than $5/bbl, Brent crude futures down by more than $7/bbl
US crude futures fall by more than $5/bbl, Brent crude futures down by more than $7/bbl
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Brent crude futures extended losses, dropping by more than $5 a barrel on the day.
Brent crude futures extended losses, dropping by more than $5 a barrel on the day.
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Brent crude futures extended losses, dropping by more than $4 a barrel on the day.
Brent crude futures extended losses, dropping by more than $4 a barrel on the day.
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US stocks opened higher across the board, with the Nasdaq rising 1%, while crude oil prices pulled back significantly.
U.S. stocks opened higher across the board, with the Nasdaq rising 1%, the Dow Jones Industrial Average gaining 1.8%, and the S&P 500 up 1.1%. This came after the Democrats won control of both houses
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US crude oil inventories fell by 900,000 barrels last week, with distillate inventories seeing a significant decline
U.S. crude oil inventories fell by 900,000 barrels last week, accompanied by a significant decline in distillate inventories. Data from the U.S. Energy Information Administration (EIA) showed that for
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UAE Considers Building Third Crude Oil Pipeline to Bypass Strait of Hormuz
UAE Considers Building Third Crude Oil Pipeline to Bypass Strait of Hormuz
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US WTI crude prices fall 3% to $93.25 a barrel
US WTI crude prices fall 3% to $93.25 a barrel
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Iran says US response to Strait of Hormuz opening plan lacks sincerity; Donald Trump confirms US military strikes
Iran stated that the U.S. response to its proposal for opening the Strait of Hormuz lacked sincerity. Meanwhile, U.S. President Donald Trump confirmed that the U.S. military launched airstrikes agains
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WTI and Brent crude oil rose in early trading as the Democrats' victory in the US midterm elections prompted markets to await policy moves from Washington.
WTI and Brent crude oil rose in early trading as the Democratic Party's victory in the US midterm elections prompted markets to await policy moves from Washington. Brent crude futures rose 82 cents, o
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U.S. stocks closed mostly higher on Tuesday, with the Nasdaq Composite up 0.8%; markets awaited the midterm election results, while oil prices retreated following remarks by Donald Trump.
U.S. stocks closed mostly higher on Tuesday, with the Nasdaq Composite rising 0.8% to 25,372, the S&P 500 gaining 0.4% to 7,569, and the Dow Jones Industrial Average falling 0.4% to 51,787. Markets ar
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Canada's heavy crude oil price discount to U.S. crude futures has widened to its largest since 2018
The price discount for Canadian heavy crude compared to U.S. crude futures has widened to its largest level since 2018, when massive pipeline bottlenecks forced the Alberta provincial government to im
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According to Kpler data, global crude refinery throughput plummeted by 4.8 million barrels per day (6%) in the second quarter due to the Middle East conflict at the end of February 2026, before rebounding by 1.8 million barrels per day in the third quarter, mainly as refineries adapted to new trade flows.
According to Kpler data, global crude refinery throughput plummeted by 4.8 million barrels per day (6%) in the second quarter due to the Middle East conflict at the end of February 2026, before reboun
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Bloomberg: Russian crude oil shipments increased to an average of 3.65 million barrels per day in the four weeks ending November 1, up by 60,000 barrels per day from the previous week, despite higher refinery utilization rates during a pause in Ukrainian attacks.
Bloomberg: Russian crude oil shipments increased to an average of 3.65 million barrels per day in the four weeks ending November 1, up by 60,000 barrels per day from the previous week, despite higher
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Oil prices rose on Tuesday, with Brent crude up 1.75% to $106.60 per barrel, following reports of a US attack on Iran's Qeshm Island on Monday.
Oil prices rose on Tuesday after reports of a U.S. strike on Iran's Qeshm Island on Monday, with Brent crude up 1.75% to $106.60 per barrel and West Texas Intermediate (WTI) crude up 1.7% to $98.10 pe
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Oil prices steady at $106 after sharp declines
Crude prices stabilised on Tuesday as traders awaited developments in the Middle East.
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Gold stabilized after posting its biggest two-month gain on Monday, boosted by hopes of peace talks between the US and Iran.
Gold stabilized after posting its biggest gain in two months on Monday, boosted by hopes for peace talks between the US and Iran. Market optimism about a breakthrough in negotiations sent oil prices t
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U.S. gasoline prices fall ahead of midterm elections; Brent crude drops over 6% on U.S.-Iran diplomatic progress.
U.S. gasoline prices fell ahead of the midterm elections, with Brent crude dropping over 6% due to diplomatic progress between the U.S. and Iran. On Monday, the average price for regular gasoline in t
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Gulf Arab Oil Giants Export Crude at Pre-War Rates Again, boosting global supply and tempering prices.
Gulf Arab Oil Giants Export Crude at Pre-War Rates Again, boosting global supply and tempering prices.
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Vitol CEO: Oil market may face a "pretty difficult" situation in spring, oil demand needs a year to recover to 2025 levels
Vitol CEO: Oil market may face a "pretty difficult" situation in spring, oil demand needs a year to recover to 2025 levels
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Stock futures recover after Friday's selloff; oil slides on signs Mideast escalation may be avoided for now.
Stock futures recover after Friday's selloff; oil slides on signs Mideast escalation may be avoided for now.
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Equity index futures rose and oil prices fell as investors cautiously returned to risk assets after last week's tech sell-off.
Equity index futures rose and oil prices fell as investors cautiously returned to risk assets after last week's tech sell-off.
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