Saudi oil can still get out — but it won’t be cheap or easy
Early on in the Iran war, a long-forgotten pipeline built across Saudi Arabia 40 years ago became a…
Saudi Arabia Set to Slash Oil Prices as Hormuz Reopens
Saudi Arabia is expected to slash the official selling prices of its crude loading for Asia in August,…
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…
US Crude Oil Inventories in Freefall: EIA
By Julianne Geiger – Jun 03, 2026, 9:40 AM CDT Crude oil inventories in the United States decreased…
Oil Could Stay Above $100 for Years, Analysts Warn
Oil prices opened trade this week with a decline on reports that a deal between the U.S. and…
Oil Shortage Scenario Looms Large
The world is running out of oil. Implausible three months ago, the likelihood of a crude shortage on…
South Korea introduces relief payments amid oil crisis
South Korea has added relief payments to its sweep of measures to tackle the ongoing oil crisis as…
StanChart: $95 Per Barrel Is The New Oil Price Equilibrium
Oil prices were rallying again on Wednesday after Iran’s Islamic Revolutionary Guard Corps (IRGC) captured two commercial vessels…
IEA Chief Says Oil, Gas Recovery Could Take Two Years After War Damage
It could take up to two years to restore a meaningful share of oil and gas production lost…
How Australia is navigating an oil market in crisis
Australia is stitching together a steady supply of fuel through a patchwork of relationships. But how long can…
Oil Ignores Escalation, Logs Biggest Weekly Drop Since 2025
Despite the ongoing escalation in the Middle East, crude heads for its biggest weekly loss in months. Friday,…
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…