Brent Erases Iran War Premium as Hormuz Flows Show Signs of Recovery
Oil prices tumbled as markets bet Strait of Hormuz disruptions will ease, with Brent down 10% on the…
State of Global Oil Inventories Ruins Iran Peace Optimism
As oil benchmarks crash and Brent slips below $80 per barrel, a growing number of analysts are sounding…
Strait of Hormuz Constraints Keep Oil Prices Elevated
Oil prices remain close to $100 per barrel despite the U.S.-Iran ceasefire, which revived hopes that the worst…
Barclays: Prolonged Hormuz Blockage Could Wipe Out 14 Million Bpd of Oil Supply
The global oil market could lose up to 14 million barrels per day (bpd) of supply if the…
Pakistan Petrol Price Today: Skyrocketing crude prices could push Pakistan’s monthly oil import bill to $600 million; Islamabad seeks IMF’s help
Pakistan could see its monthly oil import bill jump to $600 million as tensions in West Asia escalate,…