The Organization of the Petroleum Exporting Countries further lowered its global oil-demand growth forecast for this year, as renewed fighting between the U.S. and Iran once again threatens crude flow
Artificial intelligence is emerging as an unexpected source of inflationary pressure, complicating the US Federal Reserve's battle against rising prices even as oil markets have calmed, according to B
OPEC ‌on Monday lowered its forecast for world oil demand ​growth in 2026 ​to 780,000 barrels per day, ⁠a copy of ​its monthly report showed, ​marking the third straight downward revision.
Bank earnings set to reflect Wall Street's boom, SK Hynix stock tumbles, tariff inflation is waning, and more news to start your day.
U.S. crude inventories stayed near minimum operating levels while refined product demand remained firm amid ongoing economic activity. WTI held $74.65 support, Brent defended $78.33, and Natural Gas c
Share markets slipped in Asia on Monday ​as fighting intensified in the Gulf and Iran claimed to have closed the vital Strait of Hormuz, sending oil prices surging ‌and rekindling inflation risks

Oil Supply Adapts to Hormuz Disruptions

12:08pm, Sunday, 12'th Jul 2026
Bloomberg Intelligence senior commodities strategist Mike McGlone says oil markets are largely accepting US assurances that the Strait of Hormuz remains open, with expanding Western Hemisphere supply
The newly released 2026 Statistical Review of World Energy reinforces a point that sometimes gets lost in political discussions about energy: the United States remains the world's largest oil producer
Oil spiked 7% today. WTI crude blew through $75 a barrel.
‘The Big Money Show' panel weighs why investors are looking past renewed Iran tensions, what's keeping oil prices in check and why Wall Street remains focused on the U.S. economy.
Oil prices moved lower as Iran asked for negotiations.
The week was marked by heightened geopolitical tensions and continued volatility in semiconductor trading.
The head of the International Energy Agency has urged the EU to reexamine its opposition to new oil and gas exploration in the ​Arctic, as Europe seeks to secure its future energy supplies.
The oil markets continue to see a lot of noisy trading, as we are in the middle of trying to find the bottom. A summer range is my default thought here, so let's see if it comes to fruition.
Quantum Helium Ltd (AIM:QHE) said first-half gross oil revenue from its Sagebrush Project reached US$316,263, as stronger realised prices and extra sales from the Sagebrush-1 test lifted second-quarte
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