Global crude oil and fuel inventories are crashing at a record speed as the supply shock from the Middle East is too big to absorb without stock depletion. While the futures markets trade on sentiment and hopes that a U.S.-Iran deal could soon lead to the reopening of the
Liquidity in crude markets drops sharply amid heightened uncertainty over Middle East tensions and supply disruptions. Trading volumes in global oil markets have fallen to multi-month lows as traders avoid exposure to escalating geopolitical risks. Open interest in Brent a
OPEC+ production cuts and geopolitical tensions drive crude prices higher as supply constraints tighten global markets. Oil prices climbed as OPEC+ extended production cuts, reducing global supply by an estimated 2 million barrels per day. The move aims to stabilize prices
Exports accounted for 20% of US renewable diesel and sustainable aviation fuel output in the second half of 2025. The United States exported nearly 50,000 barrels per day of renewable diesel and sustainable aviation fuel in the second half of 2025. This volume represented
Citi analysts predict volatile crude markets as conflicting economic signals drive rapid price fluctuations in the near term. Citi analysts anticipate significant volatility in oil prices as markets oscillate between demand optimism and recession fears. The bank highlights
The Cabinda oil refinery in Angola, the first that was built in the country since it gained independence from Portugal 50 years ago, has started shipping fuels to the domestic and international markets, in a relief to the fuel supply stress due to the Iran war. Prior to Ca
Brent crude holds near $100 as ongoing disruption removes 9–10 million barrels per day from global supply. A prolonged disruption in the Strait of Hormuz has removed 9–10 million barrels per day from global oil supply, sustaining upward pressure on prices. Brent cru
Limassol, Cyprus - May 2026, Geopolitical tensions and uncertainty across global energy markets drove a sharp increase in oil trading activity during the first quarter of 2026, according to the latest Market Recap from easyMarkets . While gold remained the platform’s most
The EU boosted its imports of Russian LNG from the Yamal LNG project to a record high in the first four months of 2026, just before the bloc started implementing a phased-out ban on imports of Russia’s LNG, bne IntelliNews reported on Thursday, citing a report by environmental...
Oil range signals more weakness ahead as gaps remain unfilled As you know, on crude oil, we have been tracking corrective price action since the spike to 119 at the beginning of March. Despite breaking below the trendline support around 95 back on April 8th, the market man