Oil Prices Rise for Fourth Day as Hormuz Traffic Slows
Crude oil prices extended their gains for the fourth day today as fresh tanker-tracking data suggests traffic via…
Aramco Warns of Catastrophic Consequences from Hormuz Crisis
The oil market would experience “catastrophic consequences” if the halt to Strait of Hormuz tanker traffic continues, according…
Saudi Aramco Can Sustain 12 Million Mpd Oil Output for a Year
Saudi Aramco can sustain its oil production at its maximum capacity of 12 million barrels per day (bpd)…