News

Oil prices were little changed on Monday as traders assess the impact of new European sanctions on Russian oil supply while ...
The Strait of Hormuz is identified as one of the world's most critical oil chokepoints, with a staggering volume of oil ...
Crude oil remained range-bound this week as weak demand signals and underwhelming sanctions failed to outweigh a surprise ...
Oil prices eased on Friday on negative economic news from the United States and China and signs of growing supply despite optimism U.S. trade deals could boost global economic growth and oil demand in ...
Crude oil holds above key MAs as traders eye OPEC+ output signals, Iran talks, and Venezuela supply. Read the latest oil outlook and technical analysis.
Oil exports increased by 25,000 barrels per day (bpd) in May, reaching 6.19 million bpd, according to JODI data, which is ...
Oil prices eased on Friday and settled at a three-week low as traders worried about negative economic news from the U.S. and China and signs of growing supply.
Brent crude rose minimally to $69.33 a barrel, and WTI increased to $67.36, despite a 1.5% drop last week. Analysts note ...
Firstly, at the aggregate level, the Gulf countries' current account will continue to record surpluses, but public finances will slip into the red. The aggregate budget deficit is expected to reach 3% ...
In Shandong province, independent refineries known as "teapots" process a major share of Iran’s sanctioned oil—bought at ...
While the Kremlin has downplayed the impact of Western sanctions, claiming a degree of “immunity,” analysts have expressed ...
WTI crude oil continues to decline toward $64, showing bearish price action, while natural gas displays price uncertainty ...