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MIDDLE EASTERN CRUDE
Record oil tanker rates put pressure on Asian refiners, IEA saysAsian oil refiners are facing increased shipping costs that are significantly affecting their profit margins. The cost of transporting oil ...- Oil Price Today (October 14): Crude oil gains to $107 as Houthis attack Saudi Aramco building in new attacks. What are experts saying?Brent crude futures rose $1.40, or 1.35%, to $107.35 a barrel, while US West Texas Intermediate (WTI) crude futures gained $1.24, or 1.32%,...
- Global Market: Goldman Sachs raises December Brent oil price forecast to $90 on supply risksGoldman Sachs has raised its December 2026 Brent crude price forecast to $90 per barrel, citing supply risks in the Middle East. While 2027...
- Oil Price Today (October 12): Crude oil dips to $103 despite simmering Iran war tensions. Here’s whyBrent crude futures declined $1.42, or 1.36%, to $103.35 a barrel, while US West Texas Intermediate crude fell $1.42, or 1.60%, to $90.42 a...
- Trump’s diesel deal with Putin may be lots of barrels but little bangDonald Trump announced a deal with Vladimir Putin to supply additional Russian diesel amid global fuel shortages. The agreement outlines th...
- Saudi, UAE join Japan-led push to bolster Asian oil buffersSaudi Arabia and the United Arab Emirates are joining Japan's efforts to strengthen oil supply security in Southeast Asia. This collaborati...
- India shuns costly Russian oil as Middle East flows recoverIndian refiners have decreased their purchases of Russian crude oil for November delivery as prices rise. Competition from China is further...
- Oil tanker captains are being offered over $100,000, plus bonuses, to cross HormuzOil tanker captains are currently receiving extraordinarily high salaries due to increased risks while transiting through the Strait of Hor...
- EIA raises oil price forecasts as Iran war tightens global marketsThe EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...
- US EIA lifts Brent forecast to $98 as Iran war tightens global suppliesThe US Energy Information Administration has revised its oil price forecasts for the coming years due to supply issues. Global benchmark Br...
- Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyersMiddle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...
- Oil Price Today (October 6): Crude oil below $101 as supply concerns ease but Houthi attack keeps traders on edgeBrent crude futures gained 20 cents to $100.54 a barrel, while US West Texas Intermediate crude futures rose 12 cents, or 0.13%, to $89.50 ...
- Oil prices slip as traders weigh strong Mideast exports against Gulf tensionsOil prices slipped as a result of heightened crude exports from the Middle East, alongside a stockpile release by the G7. Brent crude futur...
- Rupee ends flat, anchored by RBI intervention in face of global strainsThe Indian rupee ended little changed on Monday, bolstered by central bank interventions during ongoing pressures. A firmer dollar was obse...
- India may be best placed to fill a China-sized hole in fuel exportsIndia could emerge as a key swing supplier of refined fuels as China suspends October exports, helped by recovering Middle Eastern crude im...
- Oil slips as Middle East crude exports rise, G7 to release stocksOil prices have seen a decline as increased crude exports from the Middle East and stock releases from G7 nations boost supply levels. Bren...
- Oil Price Today (October 5): Crude oil dips $101 despite simmering Iran war tensions. Here’s whyBrent crude futures fell 70 cents, or 0.69%, to $101.60 a barrel, while US West Texas Intermediate crude was at $90.15 a barrel, down 90 ce...
- Trump rules out US diesel export banDonald Trump said the US will not impose a diesel export ban after European countries agreed to release more fuel into the market to ease s...
- India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risksIndia’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...
- Oil prices barely changed as investors assess US-Iran peace talks and Gulf exportsOil prices exhibited notable stability during the early trading hours in Asia as traders closely monitored the US-Iran peace discussions fo...
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