Hormuz Disruptions Tighten Bunker Fuel Supply and Raise Costs for Shipowners
Disrupted Middle Eastern and Russian exports are tightening the global bunker fuel market, according to analyst Cyril Widdershoven of Oilprice.com….
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Energy Secretary Defends Trump’s Waiver of Russian Diesel Sanctions
US Energy Secretary Chris Wright defended President Donald Trump's decision to waive sanctions on Russian diesel exports, arguing the move…
Carney’s pipeline push is unlikely to restore Canada’s oil jobs boom, Reuters reports
Prime Minister Mark Carney is backing a new pipeline to boost Canadian oil production and exports. Industry forecasts and interviews…
Iran Says Its Offer to Reopen the Strait of Hormuz Remains on the Table
Iran says its offer to reopen the Strait of Hormuz within seven days is still on the table. Tehran wants…
Venezuela Expects Nearly $76 Billion in Oil Investment Over Five Years
Venezuela expects to attract nearly $76 billion in oil investment over the next five years, acting President Delcy Rodriguez said….
