The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.7 million barrels in the week ending March 6 ...
The largest oil producers in the Middle East Gulf have cut their combined output by over 5 million barrels per day as the halt of tanker traffic in the Strait of Hormuz chokes off crude exports.
Oil prices plunged nearly 10% after President Trump suggested the war with Iran could end soon, easing fears of prolonged ...
Analysts expect Tehran to continue using long?range missiles and asymmetric tactics against U.S. bases and allied ...
Following conflict in the Middle East and a functional shutdown of the Strait of Hormuz, West Texas Intermediate (WTI) crude oil has soared past $110 per barrel, defying prior forecasts of a 2026 ...
Iran has begun laying naval mines in the strategically vital Strait of Hormuz, according to two people familiar with U.S. intelligence reporting ...
Middle Eastern producers like Saudi Aramco saw stocks jump amid production cuts and Strait of Hormuz disruptions, while U.S.
As renewables displace fossil generation, regulators may only be able to manage the transition rather than prevent it ...
The U.S. Energy Information Administration sharply revised its oil price outlook in its latest Short-Term Energy Outlook (STEO) based on the growing impact of the Middle East conflict and the near sta ...
Global energy leaders are gathering to decide whether to release emergency oil reserves as production and export disruptions tied to the Middle East conflict continue to strain global markets. The ...
Saudi Aramco projects a 1.1 million bpd increase in global oil demand for 2026 and warns of catastrophic market consequences if the disruption at the Strait of Hormuz persists.
Asia is struggling to secure emergency spot LNG cargoes this month after the halt to Qatar’s exports and blockages at the Strait of Hormuz tightened the global market and reignited competition with ...