EIA raises 2026 oil crunch forecast, sees bigger 2027 glut
The EIA now projects a bigger oil shortfall for 2026 and a bigger surplus for 2027 than it did a…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Houthi drone reaches Mecca airspace as Saudi Arabia rejects de-escalation
Saudi Arabia says its air defenses destroyed a Houthi drone before it reached Mecca's airspace, the first time the Yemen…
Oil slips as Saudi Arabia reroutes crude via Oman while diesel holds near record high
Oil prices fell on Wednesday after reports that Saudi Arabia is rerouting additional crude cargoes through Oman eased concerns about…
Oil Slips as US Crude Stockpiles Rise Despite Saudi Supply Disruptions
Oil prices fell Wednesday, retreating after a two-day rally, once an unexpectedly large U.S. crude inventory build offset lingering Middle…
Vance says Iran war will enter new phase within months, but Hormuz shipping claim disputed
US Vice President JD Vance says the Iran conflict will shift into "a completely different phase" within months and could…
