Oil prices have soared in recent months as a result of the almost complete closure of the Strait of Hormuz, a key trade corridor connecting Asia and Europe. Hig

U.S. Energy Secretary Chris Wright this week said that the oil exports from the Middle East have rebounded to 15 million barrels per day (bpd) and even topped t

Tanker traffic via the Strait of Hormuz slowed further over the weekend, maintaining upward pressure on oil prices. At the time of writing, Brent crude was trad

India’s Oil and Natural Gas Corporation has secured a license from the U.S. Office of Foreign Assets Control to return to Venezuela, Indian media have reported.

Heightened risks to shipping safety in the Red Sea have prompted some Asian refiners to ask Saudi state oil giant Aramco to pick up its crude oil cargoes at Egy

China began the third quarter with weaker-than-expected key economic indicators, raising additional concerns about the health of its economy and its demand for

China is estimated to have added about 200,000 barrels per day (bpd) of crude oil to its huge inventories in July as imports rebounded from a decade-low in June

Shipping through the Strait of Hormuz has ground to a near halt as the 60-day truce lapses with no deal, reviving the oil-price risk that has capped crypto all

Your look at what's coming in the week starting Aug. 17

Peter Thiel’s hedge fund disclosed a $76 million stake in Argentine oil producer Vista Energy, sending its shares higher in premarket trading.

Following a year of tighter sanctions and Ukrainian attacks on refineries, ports and tankers, Russia’s crude output has fallen further in the second half of 202

With a new Prime Minister in office, it is uncertain whether the United Kingdom will continue accelerating its green transition or backtrack on climate pledges

Aviation is often treated as one of oil's safest remaining markets. In 2026 that still looks like a reasonable assumption. Airlines are expected to consume arou

The rapid drawdown of the U.S. Strategic Petroleum Reserve could damage the caverns that store the oil, experts warn.

With inflation lingering and a potential rate hike on the horizon, some economists worry that an economic slowdown could be on the way.

Kazakhstan has alleged in a confidential arbitration case that some of the biggest international oil firms that have developed the giant Kashagan oilfield award

A cargo of fuel oil from Malaysia is making its way to a refinery on the U.S. West Coast in the first such shipment in three years as global supply of feedstock

Brent heads toward a 5% weekly gain as stalled US-Iran talks and Hormuz attacks push oil prices toward $100. Friday, August 14, 2026 Crude oil prices are set to

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, with

After historic US-Japan intervention on the currency, the risk of market ructions is again rising