Iran War Has Cost The World $50 Billion of Lost Oil Supply, So Far
Seven weeks after the war in the Middle East began, the world has already lost 500 million barrels…
Oil Markets on Edge as Trump Signals No Ceasefire Extension Without Agreement
The United States is “highly unlikely” to extend the U.S.-Iran ceasefire that expires in the coming hours, U.S.…
Oil Markets Reprice War Risk After Congress Rejects Iran Pullback
Oil markets clawed back their recent losses, with oil prices rallying after Congress voted in favor of keeping…
Standard Chartered: Oil Price Correction Is Likely Overdone
Oil prices have declined by the biggest margin since the Iran war began in late February, with Brent…
Oil Prices Plunge Below $100 as Trump Announces Iran Ceasefire
Oil prices plunged below $100 in early Asian trading on Wednesday after President Trump announced a conditional two-week…
Oil Climbs on Fears of Multi-Front Supply Shock
Oil prices had another volatile start to the week before breaking out due to a combination of military…
Oil Traders Caught Between Diplomacy and Disruption Risk
Nearby WTI crude oil spent the week ending March 27 in a trader’s market, with headlines on U.S.-Iran…
Ras Laffan Attack Shatters Illusion of Global Gas Abundance
The dominant narrative over the last two years in global gas markets has been one of impending abundance;…
China becomes ‘factory to the factories’ as intemediate good exports soar: McKinsey
China is becoming a “factory to the factories,” ramping up its exports of industrial components like smartphone parts,…
Recession odds hit 49% for next 12 months says Moody’s Mark Zandi
With alarming headlines coming out of the Middle East, economists will be wary of sharing forecasts that might…
Standard Chartered Predicts Oil Prices Will Remain Higher For Longer
On Monday, European Union foreign ministers rejected demands by U.S. President Donald Trump to help secure the Strait…
How the Iran War Could Reshape Global Energy Policy
The U.S.-Israeli attack on Iran and the ongoing conflict in the Middle East have caused the biggest oil…