For decades, the biggest geopolitical risk hanging over the oil market has been the Strait of Hormuz. Before the conflict in Iran began in late February, roughly one-fifth of the…
Japanese refiners have procured enough crude oil to last them through November, the head of the Petroleum Association of Japan (PAJ) said on Friday, amid yet another twist in…
Politics, Geopolitics & Conflict Poland's state-controlled refiner, Orlen, lost $230 million on a Venezuelan crude deal the moment it wired the money with no collateral and no…
November WTI crude oil futures were trading at $96.35 at 0:51 GMT early Friday, up $0.49, or 0.51%, for the week. The contract traded as high as $101.69 and as low as $94.64. The…
Every actor with the power to end this war has instead spent September building permanent infrastructure to live around it. The House voted for a third time Tuesday to curb…
Saudi Arabia has sold as many as 60 million barrels of crude oil from the Persian Gulf port of Ras Tanura for September and October loadings outside the Strait of Hormuz via…
Only four commodity vessels were detected to have moved inbound or out of the Strait of Hormuz on Thursday, shipping data showed early on Friday, while oil shipping options out…
Crude oil prices were on course for a weekly decline after a three-week series of gains, as traders' fears about Saudi Arabia’s ability to continue exporting oil appeared to have…
Yemen's Houthis aren't fighting Iran's war, which complicates things further. They're running their own war and letting Iran's war pay for it. Their September 8 demands are the…
The temporary closure of the key onshore pipeline Saudi Arabia uses to bypass the Strait of Hormuz has added another shock to an oil market already struggling with six months of…
With assorted economic and military crises boiling all across the Middle East in the wake of his disastrous decision to launch a war on Iran, President Trump will meet with…
Oil prices are falling on Thursday on some headlines signaling potential de-escalation moves out of the Saudi-Yemen conflict, both via Reuters: China reportedly presses Iran to…
The US Congress on September 16 passed sweeping legislation targeting Russia and Iran, sending to President Donald Trump a sanctions package supporters say will increase pressure…
Privately-owned housing starts in August 2026 were at a seasonally adjusted annual rate of 1,275,000. This is 2.6 percent (+/- 12.0%)* below the revised July 2026 estimate of…
LNG prices have room to rise by about a third from the current very high levels amid low European gas inventories and fierce competition for spot supply between Europe and Asia,…
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