Oil Prices Climb as US-Iran Ceasefire Collapse Sends Diesel Margins to Record High
The U.S. diesel crack spread topped $100 a barrel for the first time on record after Iran said it would…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
U.S. shale majors cut spending as oil market heads toward supply deficit
U.S. shale producers including Chevron, ConocoPhillips and Occidental cut spending in the first half of 2026 to reduce debt and…
Vitol increases control over East Africa’s fuel supplies amid Iran crisis, Bloomberg reports
Vitol Group has increased its control over East Africa's fuel supplies as the Iran crisis disrupts shipments through the Strait…
US to announce steps to help refiners produce more fuel, energy chief says
U.S. Energy Secretary Chris Wright says Washington will announce steps within days to help refiners produce more fuel, as the…
Libya and Egypt Revive Plan for 800-km Oil Pipeline to Alexandria
Egypt and Libya are actively discussing an 800-km pipeline linking Tobruk to Alexandria, likely starting at 150,000–250,000 barrels per day….
