Brent rose for an eighth day to above $111 and WTI topped $100 on reports Trump will extend the Iran port blockade. Brent rose for an eighth day to above $111 and WTI topped $100 on reports Trump will extend the Iran port blockade. The dollar firmed. Earlier, US cru
Peru's state oil company says fuel output could stop without $2 billion in loans Reuters Peru's state oil company says fuel output could stop without $2 billion in loans Reuters
The Middle East’s oil production and the global economy will take months and even years to recover from the worst crude supply shock in history. The Middle East’s oil production and the global economy will take months and even years to recover from the worst crude supply s
United Arab Emirates to leave OPEC May 1 — Reuters The United Arab Emirates (UAE) will exit the Organization of the Petroleum Exporting Countries (OPEC) on May 1, dealing a blow to the oil producers' group as an unprecedented energy crisis caused by the Iran war exposes discord...</strong
The United Arab Emirates (UAE) will exit the Organization of the Petroleum Exporting Countries (OPEC) on May 1, dealing a blow to the oil producers' group as an unprecedented energy crisis caused by the Iran war exposes discord among Gulf nations, Reuters reported on Tuesday.
Dow Jones/Market Watch cite analysts who say Kazakhstan and possibly Iraq could follow the UAE out of OPEC, though Baghdad has denied any plans to leave. Dow Jones/Market Watch cite analysts who say Kazakhstan and possibly Iraq could follow the UAE out of OPEC, though Bagh
Following the Mubaraz LNG tanker's exit from the Hormuz chokepoint in recent weeks, the first such transit since the conflict began, new ship-tracking data from Bloomberg late Tuesday afternoon show that the first crude supertanker, Idemitsu Maru, is also exiting the critical...<
Via oiprice.com: Expectations I had seen: headline crude oil +0.3mn barrels distillates --2.3mn bbls gasolina -2.1mn bbls This data point is from a privately-conducted survey by the American Petroleum Institute (API). Via oiprice.com: Expectations I had seen: headline crud
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.79 million barrels in the week ending April 24. The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.79 million
US API Crude Oil Stock Change Actual -1.79M (Forecast 0.3M, Previous -4.47M) US API Cushing Stock Change Actual -0.82M (Forecast -, Previous 0.678M) US API Gasoline Stock Change Actual -8.47M (Forecast -, Previous -5.165M) US API Distillate Stock Change Actual -2.6M (Forecast -,...</stron