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Category: Commodities

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Latest News (4307 articles)

Commodities OilPrice.com
70d ago
Shipping Costs Surge as Insurers Drop War Risk Protection in Gulf

The world’s biggest maritime insurers and insurers’ clubs are ending war risk coverage for vessels transiting the Persian Gulf and …

Shipping costs are expected to surge as major insurers drop war risk protection for vessels … High (90%)
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Commodities OilPrice.com
70d ago
Global Gas Markets Shocked as Qatar Ceases LNG Production

Qatar’s state-owned energy giant QatarEnergy has stopped all liquefied natural gas (LNG) production, shutting down the country’s entire LNG output …

Qatar has ceased all LNG production following Iranian drone strikes, removing 20% of the world's … High (90%)
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Commodities OilPrice.com
70d ago
Drone Strike Halts Saudi Arabia's Largest Oil Refinery

Saudi Arabia shut its largest domestic oil refinery on Monday after a drone strike, as a widening cycle of attacks …

A drone strike on Saudi Arabia's largest oil refinery has halted operations, leading to a … High (90%)
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Commodities OilPrice.com
70d ago
Pakistan Reroutes Oil Supply as Strait of Hormuz Crisis Escalates

Pakistan could seek to be included in Saudi Arabia’s preferred buyers of crude exported from the Red Sea amid the …

Pakistan may reroute its oil supply from the Strait of Hormuz to the Red Sea … High (80%)
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Commodities OilPrice.com
70d ago
How the Iran Conflict Could Trigger a Wider Economic Shock

Cellphone footage showing tongues of flame and thick, black smoke billowing from a ship in the Strait of Hormuz is …

The potential conflict between the US, Israel, and Iran may disrupt global oil supplies, triggering … High (90%)
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Commodities OilPrice.com
70d ago
Fire Disrupts Operations at Ecuador’s Biggest Refinery

The largest refinery in Ecuador was forced to suspend operations after a fire erupted in the pumps at one of …

A fire at Ecuador's largest refinery, Esmeraldas, has disrupted operations, affecting fuel production and potentially … High (70%)
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Commodities OilPrice.com
70d ago
Diesel Jumps 17%, Outpacing Crude Oil After Weekend Conflict

The price of key petroleum fuels soared on Monday as markets opened after the Iran conflict escalated over the weekend, …

Diesel prices surged 17% on Monday, outpacing crude oil prices, due to disrupted shipments from … High (85%)
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Commodities CNBC
70d ago
Khamenei's death raises questions about Trump's China trip

U.S. President Donald Trump has been scheduled to visit China at the end of March, following tense trade relations with …

The potential visit of US President Donald Trump to China at the end of March … High (70%)
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Commodities OilPrice.com
70d ago
India Mulls Return to Russian Oil as Iran War Halts Middle East Flows

India is considering returning to buying Russian crude amassed in floating storage in Asia as the war in Iran and …

India is considering purchasing Russian oil from floating storage in Asia due to disrupted oil … High (80%)
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Commodities OilPrice.com
70d ago
Ukrainian Drones Strike Major Russian Oil Export Hub on Black Sea

Ukrainian drones hit an oil terminal at the Russian port of Novorossiysk, setting the depot on fire, according to a …

Ukrainian drones have struck a major Russian oil export hub, setting a key oil terminal … High (80%)
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Commodities OilPrice.com
70d ago
Goldman: Asian and European LNG Prices Could Jump 130%

The escalating conflict in the Middle East is delaying LNG shipments via the Strait of Hormuz from key exporters in …

Escalating conflict in the Middle East is causing delays in LNG shipments, potentially leading to … High (85%)
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Commodities OilPrice.com
70d ago
Analysts See $100 Oil on Strait of Hormuz Disruption

Following the escalation of the conflict in the Middle East, energy analysts and investment banks expect oil prices to surge …

Analysts predict a surge in oil prices to $90 with a possibility of reaching $100 … High (80%)
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