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Brent rises above $101 as storm, Houthi attacks fuel supply concerns

- Storm threatens US Gulf oil production and refining capacity as Middle East tensions persist

07.10.2026 Oil

Fivefold Hormuz freight surge forces Middle East crude discounts to stay competitive

- Record shipping costs raise delivered crude prices in Asia and erode Gulf's traditional freight advantage

06.10.2026 Oil

Global oil refining capacity set to rise 4.2M bpd through 2030

- Africa and Asia Pacific drive 95% of global net refining capacity growth, fueled by rising demand, import substitution and export-oriented investments

05.10.2026 Oil

Saudi Arabia’s East-West oil pipeline operating normally: Report

- Oil continues flowing through key Saudi export route, Bloomberg reports, after earlier report claimed fresh attack halted operations

05.10.2026 Oil

Japan plans no new oil reserve release following G7 agreement: Premier

- Takaichi says Japan has already been releasing reserves as G7 agrees coordinated 100 million barrel drawdown

05.10.2026 Oil

Brent crude slips as G7 oil reserve release eases supply concerns

- Coordinated reserve release aims to ease pressure on global energy and diesel markets

05.10.2026 Oil

Over 80% of emergency oil release already delivered, says International Energy Agency

- Around 325 million barrels of 400 million pledged in March have been released, says agency chief

04.10.2026 General

US oil rig count up for week ending Oct. 2

- Number of US oil rigs up by 34 compared to one year ago

03.10.2026 Oil

Oil set for weekly loss as Hormuz flows recover, US-Iran talks stall

- Improving flows through Hormuz and potential emergency fuel stock releases ease supply concerns

02.10.2026 Oil

Oil prices retreat as Europe weighs diesel reserve release

- European diesel stock release could ease tight refined-product markets, while geopolitical risks remain

02.10.2026 Oil

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Oil edges higher as Iran sanctions uncertainty offsets easing supply concerns

- Higher oil flows through Hormuz ease supply fears, while Iran sanctions keep prices supported

01.10.2026 Oil

US crude oil inventories up 0.2% in week ending Sept. 25

- Daily crude oil production rises to around 13.95 million barrels per day

01.10.2026 Oil

Oil prices fall on higher Hormuz flows, US reserve release plans

- Crude dips as rising Strait of Hormuz flows, US reserve release plans, and interest rate outlook offset ongoing Washington-Tehran tensions

30.09.2026 Oil

Oil prices rise as conflicting US-Iran statements sustain supply risk

- Uncertainty over Strait of Hormuz reopening keeps risk premium elevated in oil markets

29.09.2026 Oil

Brent crude rises above $100 as Iran rules out talks with US

- Brent crude rises above $100 as uncertainty over US-Iran diplomacy increases concerns about continued distruptions to oil flows through Hormuz

28.09.2026 Oil

Oil rises amid fading hopes for near-term US-Iran ceasefire

- Trump's Saturday rejection of Tehran's proposal to reopen Hormuz weakens ceasefire hopes, keeps oil supply concerns in focus

28.09.2026 Oil

Middle East, Ukraine wars weigh on Saudi, Russian oil

- Saudi Arabia's crude supply fell to its lowest level in more than 30 years in August, while Russia's oil production hit its lowest level since 2003 as wars disrupted output and export routes

26.09.2026 Oil