The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...
What the country does with its newfound power will be crucial for everything from prices to the future of mining investments ...
A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.
The dollar-denominated crude market also faces pressure from rising US inflation, reinforcing expectations that the Federal ...
If OPEC+ miscalculates its response, it risks either exacerbating the price fluctuations or losing market share to non-OPEC producers who may capitalise on the shifting trade flows. Oil-importing ...
Iran's President Masoud Pezeshkian has urged OPEC members to unite against possible U.S. sanctions after U.S. President ...
OPEC’s decision to maintain production and sluggish demand weigh on natural gas and oil, signaling bearish trends ahead.