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Brent crude topped $100 and WTI jumped to $96.40 following severe Middle East escalations, including U.S. strikes on Iranian oil infrastructure and disrupted Strait of Hormuz shipping. Spiking crude …
Brent crude climbed above $100 per barrel amid Middle East supply disruption fears and depleted inventories. Morgan Stanley warned that rising oil prices and higher interest rates pose serious risks …
Crude oil rose for a fourth consecutive session, pushing Brent past $97 and WTI near $92. Severe supply constraints from Middle East military conflicts and Russian refinery export bans have tightened…
Brent crude surged past $91 following U.S. airstrikes on Iranian positions and retaliatory missile attacks. Escalating military tensions and potential periodic strikes in the Strait of Hormuz have re…
TORM reported record Q2 earnings and raised full-year guidance as Middle East trade disruptions and Strait of Hormuz chokepoints drove tanker freight rates higher. Global oil rerouting, extended voya…
The Pentagon plans to take a 35% stake in Venezuelan oil company NABEP, becoming the second-largest producer behind Chevron. This move pressures major US oil companies like Exxon Mobil, which have av…
Six months into the Middle East conflict, global energy supplies remain disrupted, boosting Brent crude prices. While the AI boom has supported global equities, traditional safe-haven assets like gol…
ExxonMobil suspended operations after a fire broke out aboard the Liza Unity FPSO in Guyana. While all crew members are safe, investigations are underway. Additional notes highlight valuation concern…
TotalEnergies is leveraging its integrated trading arm to profit from Middle East disruptions, buying heavily discounted crude ($50-$60/bbl) transported through Hormuz while Brent holds above $90. Hi…
Geopolitical shifts have caused a historic halt in U.S. Saudi crude imports, replaced by surging Venezuelan supply. This benefits refiners with heavy crude capacity, particularly Valero, and gives Ch…