Saudi Arabia’s oil export value surged 37.4% in March to a 3.5-year high of $24.7B, even as volumes hit record lows, as $100+ oil and Yanbu rerouting offset Hormuz disruption.

China added an estimated 430,000 bpd to crude reserves in April even as imports hit a four-year low, with total stockpiles ...

Ultimately, the core dilemma remains unresolved - Iran’s nuclear program, Hormuz, and regional deterrence are blocking a ...

China raised retail gasoline and diesel price caps on May 22, the latest in a series of hikes since the Iran war sent oil ...

Japan's Middle East crude imports fell 67.2% in April to their lowest level since records began in 1979, as the Iran war shut ...

Around 20% of global LNG flows and more than 1 billion barrels of crude supply have been disrupted since March, but the IEA still expects oil demand to remain relatively resilient despite lower Middle ...

Chinese solar exports to Africa and Southeast Asia surged 75-85% in April despite the removal of export tax refunds, driven ...

Oil traders expect crude prices to remain elevated as demand destruction, logistics shifts and a lasting geopolitical risk ...

Global oil inventories are being depleted at a record pace as restricted Strait of Hormuz flows tighten physical markets and ...

U.S. energy storage installations surged to a record first-quarter high as developers responded to volatile energy markets ...

Saudi Arabia is importing more fuel oil for power generation as oil shut-ins reduce associated gas supply during peak summer ...

Wind and solar power surpassed gas-fired generation globally for the first time in April as the Strait of Hormuz crisis ...