EIA raises 2026 oil crunch forecast, sees bigger 2027 glut
The EIA now projects a bigger oil shortfall for 2026 and a bigger surplus for 2027 than it did a…
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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Saudi warplanes pound Yemen as Houthi advance threatens global oil supply
Saudi warplanes struck Yemen on Wednesday as Iran-backed Houthi fighters consolidated a rapid advance along the Red Sea coast, extending…
Houthi drone reaches Mecca airspace as Saudi Arabia rejects de-escalation
Saudi Arabia says its air defenses destroyed a Houthi drone before it reached Mecca's airspace, the first time the Yemen…
Rupee falls to 95.95 against dollar as it extends seventh straight losing session
The Indian rupee fell 7 paise to settle at 95.95 against the U.S. dollar on Wednesday, its seventh straight losing…
Oil slips as Saudi Arabia reroutes crude via Oman while diesel holds near record high
Oil prices fell on Wednesday after reports that Saudi Arabia is rerouting additional crude cargoes through Oman eased concerns about…
