WTI Crude stabilizes at $92 as traders weigh Strait of Hormuz risks against a strengthening inventory build. Discover if $91 support holds or if $87 is the next stop.
Investors turned back to risk on hopes that a peace deal between the U.S. and Iran would soon be agreed, with the Nasdaq and S&P 500 looking to extend record highs.
Income from production is expected to rise significantly, TotalEnergies said, reflecting a surge in prices during the Middle East tumult.
French oil group Maurel & ​Prom's first-quarter sales more than doubled ‌to $163 million from $64 million a year earlier, driven by a 41% surge in its quarter-on-quarter ​average oil sale price
Crude oil remains range-bound as supply disruptions, geopolitical tensions, and mixed macro signals maintain a risk premium while ongoing US–Iran negotiations keep the market volatile and without a
Repsol is ​poised to ‌take back ​operational ​control of its ⁠Venezuelan ​oil assets ​and boost production following ​a ​deal signed with ‌the ⁠South American government, ​the
Thai state-owned energy company PTT has offered a ​larger volume of high-sulphur ‌fuel oil (HSFO) for loading in May than in previous months, according ​to market sources.
China's crude oil throughput in March dropped 2.2% year-on-year, official data showed ​on Thursday, as the Iran war curbed refinery runs, while ‌domestic crude output hit a record high.
Oil prices fell in early trade on Thursday as hopes for easing U.S.-Iran tensions, following reports that Iran could allow ships to pass through around ​the Strait of Hormuz, outweighed concerns ove
Oil fell in early trade on prospects of further U.S.-Iran negotiations that could lead to reduced supply disruptions in the Middle East.
Costly repairs in the Middle East point to a slow recovery — a condition that may result in crude prices staying higher for longer.
U.S. President ​Donald Trump issued several pipeline permits ‌on Wednesday, including one for the construction of a new pipeline, to facilitate the transportation of ​crude oil and petroleum pro
Commodities trader Trafigura said on Wednesday it had signed a $1 billion prepayment agreement with the ​Republic of Gabon, under which it will ‌receive crude oil deliveries over a seven‑year pe
EagleRock, a company that collects royalties and fees from oil and gas ‌production on the land it controls in the Permian Basin, is exploring a U.S. initial public offering that could value it at up
The U.S. Treasury Department said ​on Wednesday it was targeting Iran's ‌oil transportation infrastructure by imposing sanctions on more than two dozen individuals, companies, and ​vessels.
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