Demand outlook slashed: OPEC cut 2026 demand growth to 1.17M bpd and the IEA now sees a rare annual contraction of 420K bpd due to war disruptions and weaker economies. Record supply losses: Gulf ...
Global oil supply will fall short of total demand this year as the Iran war wreaks havoc on Middle East oil production and ...
PwC Middle East senior partner Dominik Baumeister tells us why current trade disruptions are structural, not temporary — and ...
The UAE has condemned an attack targeting an Indian-flagged vessel off the coast of Oman, warning that escalating maritime ...
Emergency oil loan: The US will loan 53.3 million barrels from its Strategic Petroleum Reserve to ease war-related supply disruptions and market volatility. Global coordination: The release is part of ...
Oil prices eased on Wednesday, snapping a three-day rally as investors awaited developments on the fragile Middle East ...
The International Energy Agency (IEA) has warned that global oil supply will fall short of total demand this year, upending its previous projection of a surplus ...
US President Donald Trump has said the United States reached excellent trade agreements with China. According to the White House press pool, the American leader stated that the US and China had ...
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