Turkey and Iraq extend Kirkuk-Ceyhan oil pipeline deal by one year
Turkey and Iraq finalized a one-year extension of the Kirkuk-Ceyhan oil pipeline agreement, an export route that supports somewhere between…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Tanker Struck Near Oman as Iran Threatens to Choke Off More Shipping Routes
A tanker near Oman was hit by an unidentified projectile and a second vessel reported an explosion nearby, as Iran…
Europe’s heat waves and tanker reroutes lift odds of a new oil all-time high
Heat waves across Europe have cut output from nuclear, gas, coal, wind, and hydroelectric plants, pushing the region to lean…
Indian Oil swings to Rs 2,661 crore loss as crude price swings squeeze margins
Indian Oil Corporation swung to a quarterly loss as a sharp jump in crude prices squeezed refining and marketing margins….
Oil prices rise after Iran halts ships in Strait of Hormuz; Exxon, Chevron warn of prolonged high fuel costs
Oil prices rose after Iran began stopping ships in the Strait of Hormuz, a corridor that carries about one-fifth of…
