Oil Prices Climb as U.S.-Iran Peace Hopes Fade
Crude oil prices moved higher today as the chances of a lasting peace between the United States and…
Oil Market’s Glut Narrative Just Blew Up
Less than a month ago, analysts were warning of a looming glut of crude oil as tanker traffic…
Oil Market Loses Its Safety Net as Iran Conflict Reignites
The global oil market is much more exposed to the latest re-escalation in the Middle East, as most…
Iran Warns U.S. Interference Could Trigger Further Oil and Gas Disruptions
Following a major U.S.-Iran re-escalation over the Strait of Hormuz this weekend, Iran’s Islamic Revolutionary Guard Corps (IRGC)…
Oil Markets Grow Numb to U.S.-Iran Ceasefire Drama
Oil prices remain stuck in a tight range as traders look past geopolitical headlines and wait for clarity…
Oil Prices Are Crashing. Inventories Tell A Different Story.
Oil traders have gone from pricing in the worst supply disruption in modern history to pricing in a…
IEA Sees Massive Oil Surplus In 2027 As Middle East Supply Returns
The global oil market could swing from one of the largest supply disruptions in history to a surplus…
China’s Return to the Energy Market Could Become the Next Global Price Shock
For months, China’s reduced appetite for oil and LNG imports has helped ease some of the pressure on…
Inside BP’s Dramatic Pivot Back to Oil and Gas
As she sat down to pen her first email to BP’s 100,000 staff, Meg O’Neill opted against sparing…
Physical Crude Hits Record Highs
Oil prices pulled back on Tuesday while physical crude markets surged to record highs, with traders taking a…
Saudi Arabia Sets Record Premium for Flagship Crude as Hormuz Crisis Deepens
Saudi Arabia has hiked the price of its flagship Arab Light crude loading for Asia in May to…
Oil Spike Collides With Fragile Global Growth
The worst energy crisis in history is sending ripples across global markets, and optimism is in short supply.…