A sanctioned Chinese-linked tanker successfully transited the Strait of Hormuz, underscoring the limited scope of the U.S.
For now, traders appear to be balancing structural tightness against fragile diplomatic optimism, with oil futures lower and ...
Chevron has agreed to an asset swap with Venezuela’s state oil company PDVSA to consolidate its position in key heavy oil ...
A sustained oil supply shock and higher prices are rapidly reigniting U.S. drilling activity, reversing earlier expectations ...
The Iran war is triggering a global energy and supply chain crisis, disrupting key chokepoints like the Strait of Hormuz and forcing countries to rethink energy security ...
Despite public positions, there is some underlying common ground, including limits on uranium enrichment and potential ...
U.S. President Donald Trump has acknowledged that gasoline prices might remain high through the November 2026 midterm elections, a rare admission of the potential political fallout from the ongoing wa ...
Petrobras has made a new deepwater hydrocarbon discovery in Brazil's Campos Basin, adding to a string of recent upstream wins ...
Saudi Arabia expects to ship just 20 million barrels of crude to China in May, half of April’s volume, as the Hormuz crisis and record-high official selling prices bite.
Vitol Group reportedly lost hundreds of millions as its derivatives bets were wrong-footed by the Middle East war and supply ...
Even in a best-case scenario, restoring production will take months, with full normalization potentially delayed until late ...
Finland is weeks from licensing the world's first permanent nuclear waste repository. Here's what it means for the global ...