Iran’s new transit permit and…
Low OECD inventories, a depleted…
Threats from President Trump to bomb Iran again and Iranian negotiators leaving the talks in Switzerland once again clouded the outlook for one of the world’s busiest oil…
Analysts are back to expecting a huge oil glut next year as they see the U.S.-Iran deal as the end of the worst of the Middle East crisis. The…
Shipping firms remain reluctant to navigate the Strait of Hormuz sea passage despite this week’s peace deal, according to a boss of the industry’s lobby group who warned…
The U.S.-Iran deal and the potentially imminent reopening of the Strait of Hormuz do not mean that oil and gas trade will quickly return to its previous levels. The
In a somewhat puzzling market development, oil prices haven't spiked yet to record highs amid the worst supply disruption in history. That's because the market still…
Just about two months ago, JPMorgan did the math on "How Long Before The World Hits Crude Oil Operational Minimum." The punchline was…
Oil markets traded in an unusual pattern in Tuesday’s early morning session, with Brent crude prices rising while WTI crude fell, a shift from their…
Over the past couple of months, physical oil cargo premiums have surged as markets reacted to the threat of physical supply disruption, forcing buyers to pay significantly higher…
Brent crude fell 10% to $98 and WTI dropped over 12% to $89 after reports emerged that the U.S. and Iran are discussing a one-page memorandum…
Israel Defense Minister Katz has said in a Thursday briefing: "It is possible that soon we will need to act again in Iran to ensure that the regime cannot threaten Israel…
In a “perilous position,” the Platts Dubai benchmark, which used to price around 18 million barrels per day, nearly a fifth of global supply, is now severely strained…
Oil markets are hanging on U.S.–Iran talks as hopes for reopening the Strait of Hormuz push prices lower—but failure could trigger shortages and a new price spike.
Oil markets clawed back their recent losses, with oil prices rallying after Congress voted in favor of keeping the U.S. military in Iran.…
Oil prices have held steady below $100 per barrel since the U.S. on Monday initiated a naval blockade to deter Iran-linked ships from passing through the Strait of Hormuz. The…
Oil prices remain close to $100 per barrel despite the U.S.-Iran ceasefire, which revived hopes that the worst oil and gas supply shock ever could begin to ease soon and…
The oil market may be sleepwalking into a significant move higher if the Strait of Hormuz remains blocked beyond March. The massive loss of supply from the Middle East has…
A month ago, any analyst suggesting international oil prices could soar all the way to $200 per barrel would have been laughed out of the studio. Now, some are beginning…
Shale-focused U.S. oil producers could generate $63.4 billion in extra cash flow if the U.S. benchmark crude price averages $100 per barrel this year, intelligence firm Rystad Energy says. Following…
Brent crude is set to close above $100 for the first time since 2022 as tensions around the Strait of Hormuz intensify.
Americans are experiencing a sharp rise in gas prices this week, with the national average gasoline price posting its largest weekly jump since the early days of the Russia-Ukraine war.…