Physical oil premiums have fallen sharply after spiking during the Hormuz crisis, as buyers delayed purchases, drew down ...

Iran appears to be exercising selective control over tanker traffic through the Strait of Hormuz, with countries like Iraq and Pakistan negotiating bilateral arrangements. Iraq, heavily dependent on ...

Saudi Aramco seeks to raise at least $10 billion from a potential sale and leaseback of its real estate assets, including ...

China is no longer only the world’s largest importer of crude oil. It has become the invisible central banker of oil markets.

Russia's oil export revenues hit $19.18B in April, up $6.3B year-over-year despite production losses and ongoing Ukrainian ...

Crude oil inventories in the United States decreased by 4.3 million barrels during the week ending May 8, according to new ...

Middle East renewables deployment is facing short-term delays from war-related supply chain disruption, higher costs and ...

Global oil demand will exceed supply by 1.78M bpd in 2026 as Middle East conflict closes the Strait of Hormuz.

Growing shortages of diesel, jet fuel, and crude oil could force the world economy away from globalization and toward ...

Trump and Xi are meeting in Beijing to manage escalating tensions over trade, Taiwan, Iran, technology controls, and critical ...

BP buys 40% stake in six Uzbekistan oil and gas exploration blocks in the North Ustyurt region, continuing its strategic ...

India’s power sector is entering a historic investment cycle driven by surging electricity demand from cooling, ...