Surging oil prices have led to a significant increase in Japan’s import bill, hitting an all-time high last month of …
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The US has collected approximately $13 billion of Venezuela's oil money, but the destination and usage of these funds remain unclear due to diverging accounts from Washington.
Brent Crude prices briefly hit $90 per barrel in Asian trade on Monday as the Middle East conflict continued to …
China's fuel oil exports reached a 2026 high, surging 18% from June 2025, driven by rebounding shipping demand, while overall refined product exports declined 18.3% year-over-year due to government restrictions.
The US oil rig count has achieved its longest streak without a decrease in activity since 2022, driven by higher oil prices resulting from the Iran war, which supports shale expansion.
Today, July 17, 2026, U.S. strikes in Iran are driving WTI crude oil toward $82 per barrel, and Chinese AI …
September WTI crude oil posted its strongest weekly gain in months, rallying over 11% as traders rapidly rebuilt a geopolitical …
Oil prices were headed early on Friday for a 12% weekly gain, the biggest jump in one week since April, …
Oil prices rose early on Wednesday for the fourth consecutive trading session as the collapsed U.S.-Iran ceasefire precipitated a new …
China's reduced demand for Middle Eastern crude due to drawing from its own inventories has shifted the oil supply dynamics, potentially impacting the next oil rally.
Brent Crude prices soared by 3% early on Tuesday to above $86 per barrel, following an Iranian attack on two …
The threat of a toll on the Strait of Hormuz by Trump is accelerating efforts by Gulf producers to find alternative routes for crude oil, potentially reducing dependence on this critical waterway.
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