S&P Global Energy has reduced its global oil ​demand forecast for 2026 by ‌700,000 barrels per day as the U.S.-Iran war disrupts energy supplies from ​the Middle East and ​hits demand in the s
Slovakia started receiving crude oil through the Druzhba pipeline ​early on Thursday, the country's Economy Ministry ‌said, confirming the end of a months-long outage after what Ukraine said was a
European stocks are expected to open in negative territory on Thursday as regional market sentiment declines.
Oil prices remain supported by supply risks around the Strait of Hormuz, strong U.S. exports, falling fuel inventories, and bullish technical setups in both Brent and WTI.
Oil prices were marginally lower on Thursday after big gains in ‌the previous session amid the stalled peace talks between Iran and the United States, and as both nations maintained restrictions on
Oil edges lower in early trade. EIA data showed commercial crude oil stocks excluding the Strategic Petroleum Reserve increased by 1.9 million barrels in the week ended April 17.
The U.S. military has intercepted at least three Iranian-flagged tankers in ‌Asian waters and is redirecting them away from their positions near India, Malaysia and Sri Lanka, shipping and security
Kremlin ​spokesman Dmitry Peskov ‌said on Wednesday that technical details of ​oil supplies via ​the Druzhba pipeline are ⁠being discussed at ​a corporate level, Russian ​state news agen
The European Union is considering ​dropping its opposition ‌to new oil and gas drilling ​in the ​Arctic, the Financial Times ⁠reported on ​Wednesday.
Commercial crude oil stocks excluding the Strategic Petroleum Reserve increased by 1.9 million barrels to 465.7 million barrels in the week ended April 17, and were about 3% above the five-year averag
Real-world oil-supply disruptions are starting to take hold, beyond $4-a-gallon gas.
The crude oil markets continue to move on the latest headlines in the Middle East, as one would expect.
Traders placed a series of bets worth $430 million on a drop in crude prices just 15 minutes before U.S. President Donald Trump said he ​would extend a ceasefire with Iran on Tuesday.
Russia will divert oil supplies from Kazakhstan previously ​intended for Germany via the ‌Druzhba pipeline to other routes starting from May 1, Deputy Prime ​Minister Alexander Novak said ​on
China has multiple sources of energy imports and it has prepared well for a sustained period of high oil prices. Unlike America.
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