Despite reports of surging oil flows out of the Strait of Hormuz, tensions in the Middle East remain high as the fresh Saudi-Houthi escalation threatens to unravel recent success…
LNG traffic at the Strait of Hormuz appears to be ticking up despite increased threats to shipments in the chokepoint in recent days. At least three LNG carriers have transited…
Saudi Aramco has raised oil prices for European-bound cargoes in November but has cut prices for Asian buyers to the lowest in six years, Reuters reported today, noting analysts…
OPEC+ agreed on Sunday to keep its oil production quota for next month unchanged from this one, in line with expectations, after it unwound its production cuts earlier this year…
Crude oil prices fell in early trading, though Brent remained above $100, after a report from Kpler revealed that flows out of the Strait of Hormuz are now above pre-war levels.…
The share of gasoline cars in global vehicle sales fell below 50% for the first time ever as the Hormuz shock and the resulting record-high fuel prices accelerated the previously…
Oil companies have spent years using AI to drill faster, predict equipment failures and squeeze more production from existing fields. The UAE’s state-run oil giant, ADNOC, is now…
The flow of crude from the Persian Gulf has recovered to near-prewar levels, but the latest data shows that much of the oil is reaching markets through routes and shipping…
For pension funds wary of mining equities because of commodity-price swings, bullion provides exposure to the gold sector without taking on the company-specific risks of owning…
Tajikistan announced that it is now receiving oil and petroleum products from Iran, opening a potential new energy source for a country whose fuel supplies have long been…
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