Crude oil production from Iraq’s southern fields has dropped by 70% since the start of the U.S. and Israeli war…
Browsing: OPEC Announcements
Oil prices surged in early Asian trading on Monday, breaking above $100 per barrel for the first time in nearly…
India’s largest private refiner, Reliance Industries, is sounding the market for buying Russian crude, an anonymous source told Bloomberg on…
The global energy landscape remains a crucible of geopolitical tension and shifting supply-demand dynamics, a reality keenly felt by U.S.…
The Strait of Hormuz: An Unfolding Crisis Threatening Global Oil Supply The global oil market is grappling with an escalating…
Europe’s benchmark natural gas prices were on track early on Friday for a 50% weekly jump—the biggest one-week surge since…
Oil prices surged again on Friday, putting crude on track for its biggest weekly gain in years as disruptions to…
The surge in oil and LNG prices as a result of the Middle East war is testing the resilience of…
The price of fuel oil has surged this week as the stalled tanker traffic at the Strait of Hormuz is…
Vessel traffic through the Strait of Hormuz has dropped from an average of 138 ships a day to just two…