Hormuz Risk Opens $40-Plus Price Gap Between Crude Grades
Back in late June, after the United States and Iran agreed to cease hostilities in the Persian Gulf…
How China’s green tech is undercutting Trump’s ‘drill, baby, drill’ oil strategy in Africa
In the US, the push is on to “drill, baby, drill”. In China, the national strategy is to…
Trump announces ‘biggest oil deal in world history’ with Venezuela | Donald Trump News
US president says deal secures majority US control of more than 65 billion barrels of proven oil reserves…
Oil Prices Fall as OPEC and IEA Slash 2026 Demand Outlooks
Despite the ongoing stalemate in the U.S.-Iran talks and persistent risks to shipping in the Middle East, oil…
Oil Prices Plunge 5% as Trump Halts Iran Strike Plans
Oil prices fell sharply in early Asian trade on Monday after President Trump called off another round of…
The Next Oil Price Spike Could Come Sooner Than Traders Think
Oil prices have dropped back to pre-war levels since the United States and Iran agreed to negotiate a…
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…
Global Oil Stockpiles Plunge as Iran War Chokes Supply
The West’s international energy watchdog has warned that oil stockpiles were being drained at a record rate last…
Oil Prices Rise as U.S.-Iran Peace Hopes Fade
Crude oil prices ticked higher today as hopes for a peace deal between the United States and Iran…
UAE’s Shock Exit Leaves OPEC Weakened and the Global Oil Order Rewritten
Before 1 May, the once-mighty Organization of the Petroleum Exporting Countries (OPEC) had 12 members, but with the…
UAE Withdraws From OAPEC | OilPrice.com
The United Arab Emirates (UAE) has officially withdrawn from the Organization of Arab Petroleum Exporting Countries (OAPEC), following…