Every time oil prices rise, Europe falls into the same familiar cycle. Every time oil prices rise, Europe falls into the same familiar cycle. Politicians promise relief, analysts debate OPEC strategy, governments consider subsidies, and consumers prepare for higher transpo
Russia says it’s still pumping and shipping crude into a tightening global market, but it’s not bringing any new ideas to the table ahead of the next OPEC+ meeting, even as supply shrinks and demand climbs during the worst energy crisis in years. Russia says it’s still pum
Japan's Prime Minister Sanae Takaichi on Thursday requested cooperation from the world's top crude oil exporter, Saudi Arabia, in expanding energy deliveries to Japan amid the ongoing supply crunch. Japan's Prime Minister Sanae Takaichi on Thursday requested cooperation fr
Oil flows from Russia to Slovakia via the Druzhba pipeline resumed early on Thursday, Slovakia's Economy Ministry said, as supply via the infrastructure crossing Ukraine was restored after a nearly three-month halt. Oil flows from Russia to Slovakia via the Druzhba pipelin
Russia says it's maintaining oil supplies but has no new OPEC+ initiatives Reuters Russia says it's maintaining oil supplies but has no new OPEC+ initiatives Reuters
Pakistan is tapping the spot LNG market for the first time in nearly three years as the lack of fixed-term Qatari supply has triggered a power crisis and widespread outages. Pakistan is tapping the spot LNG market for the first time in nearly three years as the lack of fix
India says fuel retailers suffering losses on petrol, diesel for sales below market rates Reuters India says fuel retailers suffering losses on petrol, diesel for sales below market rates Reuters
Brent: Conflict risk supports prices – Deutsche Bank Deutsche Bank analysts note Brent Oil remains on an upward trajectory, trading above $103 per barrel and heading for a fourth consecutive daily gain as the Iran conflict... Brent: Conflict risk supports prices – Deutsche
HSBC has issued its second downgrade for Indian equities in a month citing the impact of the oil crunch caused by the war in the Middle East on the Asian powerhouse. “India now looks less attractive than North East Asian peers in the current macro setting,” the bank’s analysts...
Crude turns lower as rally falters below key resistance Crude oil has made a clean reversal to the downside after a wave B rally that stalled at the upper boundary of the corrective channel and failed to break above 119, which confirmed that the higher degree correction was...</p