Depleted Global Oil Stocks Set a Higher Floor Under Prices
Eight months of Middle East conflict have drained the world's spare oil inventories, leaving the market with almost nothing to…
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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European diesel margins climb over 10% as EU, IEA weigh stock release and France readies 10 million barrels
European diesel refining margins jumped more than 10% as the International Energy Agency and the European Union discussed releasing strategic…
Tanker hit by multiple projectiles off Qatar as Gulf shipping attacks widen
A tanker was hit by multiple projectiles north of Qatar on Wednesday, with crew casualties reported, UK Maritime Trade Operations…
Global diesel crunch pushes IEA to speed up emergency oil stock releases
China has banned all fuel exports for the month and Russia's diesel export ban remains in place, deepening a global…
Supertanker chartered from Gulf Coast to China for $76 million, ten times the pre-war rate
A trading firm has chartered a supertanker to sail from the U.S. Gulf Coast to China for $76 million, roughly…
