‘No substitute’: Kuwait’s future tied to Hormuz strait fate
Kuwait’s once prosperous oil sector has stood largely paralysed for months, with petroleum exports plummeting as fighting raged…
Oil Advances After Fed Signals Possible Return to Rate Cuts
Storage tanks at an oil refinery in Mumbai. Photographer: Abeer Khan/Bloomberg (Bloomberg) — Oil advanced, solidifying gains from…
US crude oil storage demand surges as traders brace for OPEC+ price war
By Shariq Khan NEW YORK (Reuters) – U.S. crude oil storage demand has surged in recent weeks to…