Oil settles down more than 2% on weak demand outlook and hefty US crude build
Oil settled down more than 2% on Thursday as OPEC and the IEA cut their demand forecasts and US crude...
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
Brent Crude Oil
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Iran and US Make Competing Claims Over Control of Strait of Hormuz
Iran's Basij paramilitary chief said Thursday that the Strait of Hormuz remains under Tehran's control, a day after President Trump...
Brent Nears 5% Weekly Gain as Diesel Cracks Signal the Real Oil Squeeze
Brent crude is heading for a nearly 5% weekly gain as stalled US-Iran talks and tight fuel supplies keep prices...
Oman oil spill nears Strait of Hormuz, traffic-normalization odds fall to 15.5%
An oil spill from the grounded tanker Caroline Bezengi has reached Oman's southern coast near the Strait of Hormuz. Prediction...
Houthis Claim Drone Strike on Aramco’s Jizan Refinery
Yemen's Houthi group claims it launched two drones at Saudi Aramco's Jizan refinery, a facility with roughly 400,000 barrels per...
