Keywords: Oil supply
Global oil demand could decline by around 1.5 million barrels per day in 2026 compared with the previous year, according to Russell Hardy, chief executive of global energy trading company Vitol. Hardy made the forecast during the Asia-Pacific Petroleum Conference in Singapore, as geopolitical tensions......
Goldman Sachs has warned that crude oil prices could surge to as much as $120 a barrel if attacks on commercial vessels in the Middle East intensify, highlighting the growing risks facing global energy markets amid mounting geopolitical tensions. Dan Struyven, co-head of Global Commodities Research......
Ukrainian attacks targeting Russian energy infrastructure are adding pressure to global energy markets, according to comments by U.S. Treasury Secretary Scott Bessent. The attacks have increasingly focused on facilities linked to Russia’s oil and energy sector, raising concerns about potential......
The International Energy Agency (IEA) expects global oil supply to fall significantly in 2026, reflecting the continuing impact of disruptions around the Strait of Hormuz and difficulties affecting crude exports from the Gulf region. According to the agency's latest monthly oil market report, global......
Oil prices climbed sharply on Tuesday as financial markets reacted to the continued disruption in the Strait of Hormuz and the absence of progress between Iran and the United States. The latest move pushed the benchmark Brent contract briefly above the $90-a-barrel threshold, highlighting renewed concerns......
Saudi Aramco has warned that the disruption of oil shipments through the Strait of Hormuz could have long-lasting consequences for global energy markets, with depleted oil inventories potentially requiring up to 18 months to recover, even if normal shipping operations resume immediately. According to......
Syria has indicated that it is prepared to significantly reduce its dependence on Russian oil imports as part of ongoing discussions with the United States over the possible removal of a major remaining sanctions designation, according to sources familiar with the negotiations. The potential shift would......
The OPEC+ alliance is expected to approve a modest increase in oil production quotas for September, according to sources familiar with the discussions, before temporarily suspending further monthly output increases as the group completes the rollback of its voluntary production cuts. The proposed adjustment......
Oil prices fell sharply in Asian trading on Monday, dropping by more than 5% as investors reacted positively to the absence of new US strikes against Iran and renewed hopes that diplomatic talks could help ease tensions between Washington and Tehran. After around 30 minutes of trading, Brent crude,......
-
17:15
-
17:00
-
16:45
-
16:30
-
16:15
-
16:00
-
15:45
-
15:30
-
15:15
-
15:00
-
14:52
-
14:45
-
14:30
-
14:06
-
13:10
-
12:55
-
12:40
-
12:25
-
12:10
-
11:55
-
11:40
-
11:35
-
11:32
-
11:20
-
11:17
-
11:17
-
11:12
-
11:08
-
11:07
-
11:07
-
11:05
-
10:57
-
10:56
-
10:56
-
10:56
-
10:50
-
10:35
-
10:20
-
10:05
-
09:50
-
09:35
-
09:20
-
09:05
-
08:55
-
08:40
-
07:25
