Global Oil
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In Numbers: Shortfall In Oil Stocks And Saudi's Critical Supply Role
Saudi Arabia is often described as the oil market's firefighter because it holds the largest share of readily available spare production capacity, allowing it to quickly raise output when wars, sanctions or supply outages disrupt global markets.
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Why US-Russia Diesel Deal Highlights Deep Energy Ties Between Giants
Geopolitical turmoil and sanctions on major energy producers such as Russia and Iran have tightened global fuel markets and pushed diesel prices sharply higher.
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Not Middle East, Not Russia, China May Control Global Oil Market. Here's How
China reduced crude imports during the Iran war. Analysts estimate that imports fell by nearly 3 million barrels per day during the crisis period.
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When Oil Prices Spike, Where Does The Money Go?
The Iran war caused a sharp rise in global oil prices, benefiting producers and shareholders.
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Even If Hormuz Reopens Today, Oil, LNG Shipping May Take Months To Recover
According to experts, even if the Strait of Hormuz opens today, it would still likely take until July for oil flows to get back to normal.
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'Five Straits Trap': How Hormuz Blockade Exposes Global Oil's Fatal Flaw
Iran's Hormuz blockade affecting 20-25% of global crude exposes the 'five straits' crisis: volatile chokepoints (Hormuz, Bab al-Mandab, Malacca, Suez, Turkish) shipping 60M barrels/day affected by Houthi threats, piracy, risk Asia's energy lifeline.
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Global Supply Hit, Russia Is Still Earning Every Day From Oil Amid Iran War
US-Israel-Iran conflict: Moscow has gained considerably due to the surge in crude oil prices.
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US-Israel-Iran War: Iran's Foreign Minister Says 'No Problem' With Supreme Leader Mojtaba After Injury Reports
Iran's Army chief has issued a stern warning that the deaths of crew members from the IRIS Dena warship in the Indian Ocean "will not go unanswered", as reported by Al Jazeera, citing Iran's state news agency.
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'Reached Out To India To Buy Russian Oil To Ease Global Markets': US
The United States has "reached out to India" to purchase Russian oil currently sitting in floating storage in southern Asia as part of a short-term effort to ease pressure on global oil markets, US Energy Secretary Chris Wright said.
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Iran War Pushes India's Crude Oil Basket To $85/barrel, A 19-month High
The price of the Indian basket of crude oil rising to $85.24 per barrel on March 4, the highest level since July 2024.
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Why Strait Of Hormuz, A Key Passageway For Global Energy Supply Matters
The Strait of Hormuz is the narrow mouth of the Persian Gulf through which about a fifth of the world's oil passes.
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What War In Middle East Means For Global Oil Markets And What It Doesn't
The conventional wisdom used to be that war in the Middle East would send oil prices soaring. Not anymore.
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India Well-Positioned To Meet Its Fuel Needs: Minister Amid Mideast Tensions
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri on Monday reviewed India's petroleum supply situation with top officials of the Ministry of Petroleum and Natural Gas and executives from state-run oil companies.
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China, India Refiners Scour The World For Oil Amid US Sanctions On Russia
Chinese and Indian refiners are scouring the globe for supplies of crude as fresh US sanctions on Russian producers and tankers curb shipments to Moscow's top customers, traders said.
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India Warns Oil Producers On Prices: "Actions Have Consequences"
India's oil minister said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any global recession.
-
In Numbers: Shortfall In Oil Stocks And Saudi's Critical Supply Role
Saudi Arabia is often described as the oil market's firefighter because it holds the largest share of readily available spare production capacity, allowing it to quickly raise output when wars, sanctions or supply outages disrupt global markets.
-
Why US-Russia Diesel Deal Highlights Deep Energy Ties Between Giants
Geopolitical turmoil and sanctions on major energy producers such as Russia and Iran have tightened global fuel markets and pushed diesel prices sharply higher.
-
Not Middle East, Not Russia, China May Control Global Oil Market. Here's How
China reduced crude imports during the Iran war. Analysts estimate that imports fell by nearly 3 million barrels per day during the crisis period.
-
When Oil Prices Spike, Where Does The Money Go?
The Iran war caused a sharp rise in global oil prices, benefiting producers and shareholders.
-
Even If Hormuz Reopens Today, Oil, LNG Shipping May Take Months To Recover
According to experts, even if the Strait of Hormuz opens today, it would still likely take until July for oil flows to get back to normal.
-
'Five Straits Trap': How Hormuz Blockade Exposes Global Oil's Fatal Flaw
Iran's Hormuz blockade affecting 20-25% of global crude exposes the 'five straits' crisis: volatile chokepoints (Hormuz, Bab al-Mandab, Malacca, Suez, Turkish) shipping 60M barrels/day affected by Houthi threats, piracy, risk Asia's energy lifeline.
-
Global Supply Hit, Russia Is Still Earning Every Day From Oil Amid Iran War
US-Israel-Iran conflict: Moscow has gained considerably due to the surge in crude oil prices.
-
US-Israel-Iran War: Iran's Foreign Minister Says 'No Problem' With Supreme Leader Mojtaba After Injury Reports
Iran's Army chief has issued a stern warning that the deaths of crew members from the IRIS Dena warship in the Indian Ocean "will not go unanswered", as reported by Al Jazeera, citing Iran's state news agency.
-
'Reached Out To India To Buy Russian Oil To Ease Global Markets': US
The United States has "reached out to India" to purchase Russian oil currently sitting in floating storage in southern Asia as part of a short-term effort to ease pressure on global oil markets, US Energy Secretary Chris Wright said.
-
Iran War Pushes India's Crude Oil Basket To $85/barrel, A 19-month High
The price of the Indian basket of crude oil rising to $85.24 per barrel on March 4, the highest level since July 2024.
-
Why Strait Of Hormuz, A Key Passageway For Global Energy Supply Matters
The Strait of Hormuz is the narrow mouth of the Persian Gulf through which about a fifth of the world's oil passes.
-
What War In Middle East Means For Global Oil Markets And What It Doesn't
The conventional wisdom used to be that war in the Middle East would send oil prices soaring. Not anymore.
-
India Well-Positioned To Meet Its Fuel Needs: Minister Amid Mideast Tensions
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri on Monday reviewed India's petroleum supply situation with top officials of the Ministry of Petroleum and Natural Gas and executives from state-run oil companies.
-
China, India Refiners Scour The World For Oil Amid US Sanctions On Russia
Chinese and Indian refiners are scouring the globe for supplies of crude as fresh US sanctions on Russian producers and tankers curb shipments to Moscow's top customers, traders said.
-
India Warns Oil Producers On Prices: "Actions Have Consequences"
India's oil minister said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any global recession.
