Market-moving news and intelligence across global energy markets.
Global oil benchmarks Brent and WTI fall to four-month lows as US-Iran diplomatic talks reduce geopolitical risk and OPEC+ signals further supply increases
Global oil prices fell for a third consecutive day as crude flows through the Strait of Hormuz surged and US-Iran talks showed signs of progress.
Global crude oil prices fall to multi-month lows as US-Iran ceasefire reopens Strait of Hormuz, reducing geopolitical risk. OPEC+ increases supply.
The IEA's June report projects a significant 1.1 mb/d decline in global oil demand for 2026, marking the first quarterly fall since 2020 due to Middle East
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