India is winning the competition with China to attract Russian crude cargoes with vessels turning mid-voyage away from their previous…
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Equinor’s Arctic Discovery: A Strategic Boost Amidst Market Volatility Equinor’s recent oil discovery in the Barents Sea, near its colossal…
Oil markets are currently navigating a complex landscape, grappling with a confluence of macroeconomic pressures and persistent geopolitical uncertainties. While…
A total of some 90 ships have passed through the Strait of Hormuz since the U.S. and Israel started bombing…
At 07:27 GMT, Brent crude is down about 2.2% to just above $101.00, while May WTI is off over 3%…
The global oil market is once again reminded of the inherent fragility of supply from politically volatile regions. A recent…
The global oil market is often a complex interplay of geopolitics, supply logistics, and shifting demand, and today’s agreement between…
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.556 million barrels in…
The Trump Administration has already used up most emergency options to rein in the soaring international crude oil prices, which…
On Monday, European Union foreign ministers rejected demands by U.S. President Donald Trump to help secure the Strait of Hormuz…