Tag: oil prices

US oil inventories declined while gasoline and distillate stocks rose

How do the new inventory data reflect the state of the US…

2 Min Read

US EIA: Oil Prices Could Surge $20 Per Barrel if Strait of Hormuz Closure Persists

Warnings of dire consequences for global inflation and Gulf supply disruptions through…

2 Min Read

US Central Command: More than 70 tankers prevented from entering or leaving Iranian ports

The ships were capable of transporting 166 million barrels of oil worth…

2 Min Read

Urgent European move to contain the shipping crisis: Calls for an international summit on Hormuz

More dangerous scenarios for the security and stability of the region and…

2 Min Read

The shock of the century: Will the price of a barrel of oil exceed $200?

The risks to civilians have increased with warnings about unexploded ordnance

2 Min Read

Oil prices continue to rise amid escalating conflict in the Middle East and supply concerns

West Texas Intermediate crude surpasses $100 a barrel and Brent approaches $106,…

2 Min Read