Russia cuts 2026 oil output forecast to 17-year low amid refinery disruptions
Russia has revised its 2026 crude oil production forecast down to 511 million tonnes, the lowest level since 2009. The…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Two Saudi Oil Tankers Struck by Unknown Projectiles in Strait of Hormuz
Two supertankers carrying Saudi crude were struck by unknown projectiles minutes apart while sailing out of the Strait of Hormuz…
Chevron, ONGC and other firms near final deals to sign in Venezuela
Chevron, GE Vernova, ONGC, Eni and GeoPark are on track to sign final agreements with Venezuela that could be inked…
UK gilt yields hit 28-year high as oil spike fuels global bond rout
UK borrowing costs have jumped to their highest levels since the late 1990s as a global bond sell-off deepens. Oil…
Oil prices rise as U.S.-Iran fighting resumes, reviving Mideast supply fears
Oil prices rose on Tuesday after the U.S. and Iran exchanged fire again over the weekend, reviving fears of supply…
