Market-moving news and intelligence across global energy markets.
Global oil demand growth decelerated in Q2 2024, influenced by China's contraction and economic headwinds, while supply forecasts show mixed trends.
Global oil benchmarks Brent and WTI climb significantly as escalating US-Iran conflict disrupts Middle East supply routes, pushing prices to multi-week hig
Global crude oil benchmarks Brent and WTI surge by nearly 12% as escalating US-Iran hostilities threaten Strait of Hormuz and Red Sea shipping, raising sup
Geopolitical tensions escalate as Iran closes the Strait of Hormuz, triggering sharp increases in global oil, gasoil, and naphtha prices.
Global oil prices hit a four-week high as the US reimposed a naval blockade on Iran and attacks escalated in the Strait of Hormuz, fueling supply disruptio
Global oil prices jumped over 9% to a one-month high after the US announced a naval blockade of Iran's coastline, reigniting Strait of Hormuz supply fears.
Future oil bull markets hinge on China's confirmed purchases and global Strategic Petroleum Reserve rebuilding, alongside persistent Strait of Hormuz risks
The IEA projects a 3.7 million bpd drop in global oil supply for 2026, driven by Middle East conflict impacts and tight product markets, despite a partial
The IEA's July 2026 Oil Market Report indicates a global oil demand recovery and supply rebound, but warns of persistent tightness in product markets.
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