WTI price rose due to rising supply concerns following the news of Israel planning to strike nuclear facilities in Iran. Iran may block the waterways through the Strait of Hormuz, raising concerns for ...

The consideration is to enable a better understanding of near-term developments,” Cardoso stated, noting that recent ...

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Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing ...

OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...

Russia is a major global oil producer (12 % market share in 2020) & the EU’s main supplier of crude oil. Technological developments and changes in resource distributions along the oil supply chain ...