OPEC+ delays 2027 oil capacity review after Iran war disrupts expansion plans
OPEC+ has pushed back a review of members' oil production capacity that was due to help set 2027 output quotas,…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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EU weighs releasing diesel reserves as Trump threatens US export ban
Europe's diesel benchmark dropped nearly 6% on Friday as EU governments weighed releasing emergency fuel reserves after President Trump threatened…
Oil prices fall sharply as EU weighs diesel and crude stock release
Oil prices dropped sharply on Friday after reports that European Union states are weighing a coordinated release of diesel and…
Oil dips as traders weigh U.S.-Iran tensions against supply recovery
Oil prices pulled back on Friday after a sharp Thursday rally, as traders weighed a Wall Street Journal report of…
Oil tanker struck by unknown projectile in Strait of Hormuz, UKMTO says crew safe
A tanker transiting the Strait of Hormuz was struck by an unidentified projectile on October 1, setting off a fire…
