Why are fuel and petrochemical prices outpacing crude – and how long will it last?
Higher naphtha prices increase input costs for petrochemical manufacturers (e.g., Dow, LyondellBasell) potentially compressing margins, while oil majors …
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Hedge funds have increased their bullish bets on oil to a 22-month high due to concerns over US military action in the Middle East, potentially disrupting oil supplies from the region.
Croatia is ready to supply crude oil to Hungary and Slovakia, ensuring energy security and economic stability for both countries after the damage to the Druzhba oil pipeline.
The EU plans to impose a full ban on maritime services for Russian crude oil, requiring G7 approval, which is expected to further reduce Russia's energy revenues and make its oil harder to sell.
Oil prices have surged to seven-month highs due to geopolitical tensions between the U.S.
A surge in U.S.
Nigeria is set to launch a new crude grade, Cawthorne, in March, aiming to boost output and exports, and potentially increase its baseline in OPEC+ agreements.
Kuwait Petroleum Corporation is considering a $7 billion deal with global investors to buy a stake in its crude oil pipeline network, following the footsteps of Saudi and Abu Dhabi peers.
Oil tanker rates have surged to a six-year high due to increased demand from the Middle East to China and potential military action in Iran, causing daily rates to triple since the beginning of 2026.
Oil prices have reached a 7-month high due to speculation of potential US strikes on Iran, with analysts predicting minimal chances of success in upcoming talks.
Russia's oil is experiencing its largest discount in almost three years due to Western sanctions, indicating a decline in demand and trade with Moscow.
West African oil prices are being negatively impacted by high freight costs and an unfavorable price spread, leading to deep discounts and decreased demand from Asian buyers.
The US stock market, represented by the DJI, IXIC, and GSPC indices, has rallied in response to the US Supreme Court's decision to strike down President Trump's tariffs, while gold and crude oil commodities have also seen an increase.
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