South Korea is broadening its crude supply options after Hormuz disruptions pushed refiners to seek alternatives. Saudi Arabia remains its largest supplier, even as its share fell below 30%, and…
James Stephens2 min read
India plans a 13 million barrel storage site at Mangaluru after supply disruptions exposed the limits of its reserves. Here is what the project means, and what the available figures…
James Stephens3 min read
Saudi Arabia may raise the price of crude sold to Asia as Red Sea disruptions force longer voyages. The reported increase could reach $5 per barrel, with rerouting adding as…
James Stephens2 min read
Brent crude crossed $100 as conflict risks disrupted shipping and Kazakhstan halted pipeline flows. Low inventories and production still below prewar levels are adding pressure, while US gasoline prices have…
James Stephens2 min read
Hormuz tanker crossings sank to one on Thursday, the lowest count since May 7, as crude moved back above $100 a barrel. Red Sea threats and longer diversions are raising…
Edward Byrd2 min read
Saudi Arabia has sold almost 100 million barrels of crude to Asian refiners as pipeline repairs continue. The shipments through the Strait of Hormuz are helping sustain supply and limit…
Jake Fox2 min read
Rosneft has started commercial crude shipments from its Arctic Vostok project, but early volumes remain far below its original target. Indian imports are easing under sanctions pressure, while USO, the…
James Stephens2 min read
Six Saudi Arabia oil tankers have abandoned the Red Sea route entirely, sailing around Africa instead, as Houthi threats reshape Middle East crude shipping and pressure oil markets.
James Stephens3 min read
Crude oil holds near 52 week highs as USO trades at 134.64 dollars, while India's record LNG buying and new rice production title reshape global commodity demand.
Holly Herrera3 min read
Oil tanker prices just hit an all time high as Gulf producers race to buy their own ships, wary of the Strait of Hormuz. Here's what it means for crude…
Jake Fox3 min read
Oil prices inch up as Iran claims new strikes on U.S. bases in Kuwait and Bahrain, even as more tankers slip through the Strait of Hormuz and Saudi Arabia pushes…
Edward Byrd3 min read
Saudi Arabia is weighing a huge expansion of its East West pipeline to sidestep the Strait of Hormuz, as USO trades near 126.60 dollars amid lingering Gulf shipping risk.
Edward Byrd3 min read
Gasoline prices rise for the first time since May as the U.S. Iran ceasefire collapses, shipping through the Strait of Hormuz plunges, and Russian refineries take heavy drone damage.
James Stephens3 min read
Crude oil is climbing fast as U.S. strikes on Iran and tanker attacks near the Strait of Hormuz choke off supply. Here is what is driving the surge and what…
Edward Byrd3 min read
Oil prices surge as Iran tensions widen after weekend U.S. strikes and Iranian missile attacks on five Gulf allies. Here's what's driving the crude rally and where it could go…
Edward Byrd3 min read
Oil prices jump on renewed US Iran hostilities as strikes near the Strait of Hormuz shake markets. USO surges 4.38% as traders reassess supply risk and short positioning.
Jake Fox3 min read
USO jumped 4.38% as oil rebounded from oversold levels. Behind the price swing lies a bigger question: how oil producers account for exploration costs, and why it matters to investors.
Edward Byrd4 min read
Crude oil's choppy trading this year shows why commodity traders lean on technical tools like moving averages, MACD, RSI and Bollinger Bands to time their moves.
Edward Byrd5 min read