The European Union should ban companies from providing any support to Moscow's oil and gas-shipping fleet, introduce sanctions against Russian fertilisers and stop luxury goods exports to Russia, Swed
Norway's government said on Monday it will present a policy document to parliament next year on the future of the oil and gas industry, including companies' access to exploration acreage.
Crude oil futures stall after a 50-day moving average breakout as oversupply caps gains despite Iran supply disruption speculation. Oil outlook remains mixed.
Global oil trading houses have emerged as early winners in the race to control Venezuelan crude flows, getting ahead of U.S. energy majors wary of credit and legal risks and securing a potentially luc
Vitol and Trafigura have started discussions on Venezuelan crude oil sales with refiners in India and China for cargoes to be delivered in March, several trade sources said on Monday.
The official market for crude could soon start to feel disturbances as the U.S. and Europe crack down on illicit trading.
President Donald Trump said Sunday that he would "probably be inclined" to keep U.S. oil giant Exxon Mobil out of Venezuela. His comments come shortly after Exxon CEO Darren Woods said the Venezuelan
The Strait of Hormuz is back in focus amid U.S.-Iran tensions. Fed Chair Powell says he's under investigation by federal prosecutor.
Oil prices edge higher on breakout strength in WTI and Brent, but forecasts warn of 2026 oversupply as natural gas tests critical support near $3.13.
The fallout from the Trump administration's military intervention is expected to put Venezuela's longstanding territorial claims over the oil-rich Essequibo territory on ice, analysts told CNBC. A blo
Oil markets are watching the Strait of Hormuz amid fears a potential U.S. response to Iran. A full closure could spike prices between $10 to $20 per barrel.
Oil prices are likely to drift lower this year as a wave of supply creates a market surplus, although geopolitical risks tied to Russia, Venezuela and Iran will continue to drive volatility, Goldman S
Trump considers Iran military intervention as crude oil tests support. Supply disruption could trigger 52-week moving average breakout above $60.97.
Oil prices extended gains on Monday on growing concerns that intensifying protests in Iran could disrupt supply from the OPEC producer although efforts to quickly resume oil exports from Venezuela are

Oil Rises Amid Middle East Tensions

06:40pm, Sunday, 11'th Jan 2026
Oil rose in the early Asian session amid Middle East tensions that could lead to supply disruptions.
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