Global crude oil inventories are approaching a record low as the war in the Middle East continues, decimating tanker traffic via the Strait of Hormuz, Goldman Sachs commodity analysts have warned. Global crude oil inventories are approaching a record low as the war in the
The trading arms of some of China’s biggest state-owned oil giants have started selling crude for May loadings in a rare move from the majors that have cut refinery rates in response to soaring oil prices and constrained crude supply from the Middle East. The trading arms
Crude prices edged lower on Wednesday following US President Donald Trump's unilaterally announced extension of the ceasefire on Tuesday.
MUFG's Senior Currency Analyst Lloyd Chan notes that stalled US–Iran talks and an extended United States (US) ceasefire have shifted the conflict into a prolonged standoff, with a continued blockade of Iranian ports.
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Putin’s Oil Windfall Won’t Revive His Slowing Wartime Economy Bloomberg.com
Trump Considers Extending Waiver on Domestic Oil Shipments- Axios Trump Considers Extending Waiver on Domestic Oil Shipments- Axios Source: Investing.com News
Trump considers extending waiver to ease US oil shipments - Axios| FJ