Floating Oil Storage Surge Puts Market Balance on Edge
A shadow fleet is quietly swelling across the world’s oceans, packed with sanctioned barrels from Russia, Iran, and…
Oil prices steady after steep losses in previous session, ETEnergyworld
Oil prices stabilized Thursday after a significant drop, as investors balanced concerns over global oversupply with anticipated sanctions…
Diesel Spreads Hit Near Two-Year Peak After India Cuts Russian Crude Purchases
Recently, Bloomberg reported that five of India’s largest oil refiners have made no purchases of Russian crude for…
Oil prices fall to $62.69 on OPEC’s 2026 supply outlook, rise in U.S. crude inventories
Oil prices fell more than $2 a barrel on Wednesday after OPEC projected that global oil supply will…
Why Big Oil Is Still Gushing Profits Despite Low Oil Prices
Oil markets have been volatile over the past couple of weeks, driven by a series of geopolitical developments…
Oil prices little changed as markets eye US government reopening
Oil prices were little changed on Wednesday after rising in the previous session amid expectations that an end…
Crude Oil Higher on Dollar Weakness and Stronger Chinese Demand
December WTI crude oil (CLZ25) on Friday closed up +0.32 (+0.54%), and December RBOB gasoline (RBZ25) closed down…
The Worsening Oil Glut – Geopolitical Futures
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(click to enlarge) The World Bank predicts a widening imbalance between…
Oil slips on oversupply concerns, stronger dollar
By Seher Dareen LONDON (Reuters) -Oil prices fell over 1% on Tuesday as OPEC+’s decision to pause output…
China’s Crude Stockpile Gives Oil Market a Sanctions Safety Net
China’s accelerated crude stock builds in 2025 may come in handy at the end of this year as…
What Occidental Petroleum (OXY)’s Rising Crude Prices and Sanctions Tailwind Means For Shareholders
Occidental Petroleum recently attracted heightened investor interest following new U.S. sanctions on Russian oil companies, which have pushed…
WTI Crude Slips Toward Weekly Loss on Persistent Supply Fears
WTI crude oil futures remained under pressure this week, as bearish fundamental forces overshadowed temporary bullish drivers. Despite…