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Oil rises 5% on blockade concerns over Iran

- Crude prices gain 5% on supply fears tied to potential maritime restrictions

29.04.2026 Oil

OPEC's share of global crude output ticks higher in 2025

- Total world crude oil production rises by 2.24 million barrels per day in 2025 to average 74.85 million bpd

29.04.2026 Oil

UAE exit raises concerns over OPEC's market influence and internal balance

- Decision ends 59-year membership, pointing to potential weakening of OPEC's influence in global oil markets

29.04.2026 Oil

Oil rises as Hormuz disruption deepens supply concerns

- Prolonged closure of Strait of Hormuz and uncertainty over US-Iran talks continue to fuel supply concerns in global oil markets

29.04.2026 Oil

UAE to withdraw from OPEC, OPEC+

- Withdrawn decision in line with UAE's long-term strategic, economic vision and development of its energy sector

28.04.2026 Oil

US oil rig count falls for week ending April 24

- Number of US oil rigs down by 68 compared to one year ago

25.04.2026 Oil

US crude oil inventories up 0.4% in week ending April 17

- Daily crude oil production remains at around 13.58 million barrels per day

22.04.2026 Oil

US Treasury chief predicts gas prices to drop below pre-war levels when conflict ends

- Scott Bessent defends temporary sanctions relief for adversaries as necessary to stabilize global energy markets

22.04.2026 Natural Gas

China oil imports set to decline in April amid Hormuz disruption

- Crude imports, largely resilient in March despite Hormuz disruptions, are projected to drop sharply in April as Gulf and Russian supplies decline, analysts say

22.04.2026 Oil

US directs 28 vessels to turn around under Iran port blockade: CENTCOM

- Vessels told to turn around, return to port, says CENTCOM

21.04.2026 General

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Oil prices seek balance amid supply risks, diplomacy outlook

- Brent crude holds firm as uncertainty in Strait of Hormuz offsets optimism over possible US-Iran negotiations

21.04.2026 Oil Refining/Petro Chemistry

Brent retreats to $88 per barrel

- Announcement to fully reopen the Strait of Hormuz eases supply concerns and pushes oil prices lower

17.04.2026 General

US-sanctioned oil tankers enter Persian Gulf via Hormuz, signaling fresh crude liftings

- 2 empty US-sanctioned VLCCs, Alicia and RHN, enter Persian Gulf via Strait of Hormuz, where they could load up to 4M barrels of crude amid continuing disruption to Gulf shipping flows

15.04.2026 Oil

European, Asia-Pacific nations warn of 'serious additional risks' over Hormuz disruption

- 'The past weeks have brought unacceptable loss of life and significant disruption to the global economy and financial markets,' says joint statement

15.04.2026 General