Is The Oil Crisis Over? Or Is It Just Beginning?

Harga minyak mentah jatuh ke paras sebelum krisis di Asia Barat

PETALING JAYA: Harga minyak mentah jatuh ke paras sebelum krisis dan trend tersebut dijangka berterusan dalam tempoh terdekat susulan langkah pengurusan risiko pasaran yang proaktif serta pemulihan pantas rantaian bekalan dari Asia Barat. Kontrak niaga hadapan minyak mentah Brent kini menghampiri paras AS72 setong, manakala penanda aras Amerika Syarikat (AS), West Texas Intermediate (WTI) berada ... Read more The post Harga minyak mentah jatuh ke paras sebelum krisis di Asia Barat appeared first on Utusan Malaysia.

Inventory Replenishment Could Fuel The Next Major CrudeOil Bull Market

The global oil market may be entering a new phase where the primary price driver is not supply disruption, but the urgent need to rebuild depleted strategic and commercial inventories. Governments, refiners, and traders around the world face mounting pressure to replenish oil stocks that were drawn down during a period of sustained emergency releases [] The post Inventory Replenishment Could Fuel The Next Major CrudeOil Bull Market appeared first on Foreign Policy Journal.

Commodities: Oil Under Pressure Amid Rebound In Middle East Flows

Commodities: Oil Under Pressure Amid Rebound In Middle East Flows

Oil Market Calm Is Shattered by Fresh Hostilities

The latest cracks in the cease-fire between the United States and Iran have jolted an oil market that in recent weeks seemed to think durable peace between the countries was within reach. By midday Wednesday, international oil prices were approaching 80 a barrel, their highest level in weeks, after President Trump said the temporary truce []

Hormuz: China Oil Demand Tapped out, Heavy Truck EVs Rise

If the country stops needing to use diesel for trucks, that is game over for petroleum

JUST IN: 🇺🇸🇮🇷 IEA says US-Iran war restarting could trigger another global oil shortage.

JUST IN: IEA says US-Iran war restarting could trigger another global oil shortage.@BRICSNews

ATHEX: Mini sell-off after fresh Gulf tension

The resumption of military action in the Persian Gulf had an immediate impact on markets, with oil rates jumping and bourse indexes slumping.

Oil Is Flowing Out of the Gulf. Everything Else Is Up in the Air

Oil Is Flowing Out of the Gulf. Everything Else Is Up in the Air

Oil Market Risks Breaking $100, Eni CEO Warns

Claudio Descalzi, CEO of Italy’s state‑controlled energy group Eni, warned that if the Middle East conflict drags on, the global oil market will break out of its current 80–100 band by early 2027, fueling inflation and curbing energy demand, according to Reuters, citing Descalzi’s interview with Il Sole 24 Ore newspaper. The release of strategic [] The post Oil Market Risks Breaking 100, Eni CEO Warns first appeared on Egypt Oil Gas.

The Commodities Feed: Oil bounces on Persian Gulf re-escalation

ASIA/PACIFIC: Re-escalation in the Persian Gulf has reignited supply concerns, pushing oil prices higher amid questions about the direction of US-Iran peace talks

Oil surges as Iran risk returns - Is the summer lull over? | Morning Bid

Oil prices jump after President Trump says the U.S. memorandum of understanding with Iran is "over," while chip stocks see a brief Asia-session rally that quickly fades. And the June Fed minutes signal a divided central bank that's in no rush to act on inflation. #News #Reuters #Newsfeed Read the story here: 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

OPEC+ raises output as oil market enters new geopolitical era

The shifting tides of the global energy market have once again thrust OPEC+ into the spotlight, laying bare the delicate and often volatile intersection of geopolitics and oil economics. The group’s recent decision to boost oil production targets for August by 188,000 barrels per day is on the surface a standard regulatory tweak meant to stabilize a fluctuating market.

Dollar drifts with oil; Gulf tensions, Fed minutes in focus

Dollar drifts with oil; Gulf tensions, Fed minutes in focus

Hydrocarbons: Corfu drilling enters final stretch, Kyparissiakos to follow – Exploration timeline

The American oil company is entering “Block 10” with a 70 stake, while the first exploratory drilling west of Corfu is scheduled for February 2027 The post Hydrocarbons: Corfu drilling enters final stretch, Kyparissiakos to follow – Exploration timeline appeared first on ProtoThema English.

Oil Set for Quarterly Drop as Morgan Stanley Warns of Glut Risks

Oil headed for the biggest quarterly decline since the pandemic as flows through the Strait of Hormuz accelerated following progress on a peace deal, with Morgan Stanley warning of a potential glut ahead.

Iran war developments, Fed rate path cues in focus for rupee and bonds

The focus will yet again turn to oil prices, with any retreat in risk sentiment ‌expected to hurt the Rupee, which has steadied after hitting historic lows last month

Crude may revisit early-2026 highs if tensions worsen, but Asian refiners better prepared this time: International Oil Analyst

By Nikhil Dedha Singapore, July 9 (ANI): Global crude oil prices could revisit the highs seen earlier this year if tensions between the United States and Iran continue to escalate, although Asian refiners are now better prepared to deal with supply disruptions than they were at the beginning of the conflict, June Goh, Senior Oil Market Analyst at Sparta Commodities, told ANI.Speaking in an exclusive conve

Is OPEC Losing Control as Gulf Oil Producers Race to Reclaim Market Share?

The four month Iran war severely disrupted global energy markets after Tehran restricted shipping through the Strait of Hormuz following U.S. and Israeli military strikes. At the height of the conflict, around 14 million barrels of oil per day were removed from global supply, triggering fears of a prolonged energy crisis and sending Brent crude [] The post Is OPEC Losing Control as Gulf Oil Producers Race to Reclaim Market Share? appeared first on Modern Diplomacy.

European Union: Oil Flows from Middle East Recovering

European Union: Oil Flows from Middle East Recovering

Is an Iran deal ‘over’ and war back on? A timeline of the conflict and talks

Global markets and oil prices have been shaken after the United States and Iran exchanged new strikes and President Donald Trump suggested that negotiations between the countries might be “over.”

FG mounts pressure on marketers to cut petrol price

By Obas Esiedesa, Abuja The Federal Government on Monday mounted fresh pressure on petroleum marketers to reduce the pump price of Premium Motor Spirit also known as petrol, insisting that the sharp decline in international crude oil prices should be reflected in retail fuel prices across the country. Speaking at the Stakeholders’ Meeting on Cost-Reflective [] The post FG mounts pressure on marketers to cut petrol price appeared first on Vanguard News.

What’s going on with petrol prices, and will they fall fast enough to turn the economy around? – Liam Dann

What’s going on with petrol prices, and will they fall fast enough to turn the economy around? – Liam Dann

Global oil demand to drop for first time since 2020 amid Iran conflict, IEA says

LONDON: Global oil demand is on track to decline for the first time since the height of the COVID-19 pandemic, the International Energy Agency said Friday, as war with Iran disrupts production and exports across the Middle East. World oil demand is set to fall by 1 million barrels per day year-over-year in 2026, marking ... Read more The post Global oil demand to drop for first time since 2020 amid Iran conflict, IEA says appeared first on BOL News.

Middle East tensions threaten to push oil prices beyond current range, Eni CEO says

Milan, July 11 (SANA) Continued tensions in the Middle East could push global oil prices beyond their current range of 80 to 100 per barrel by the first quarter of 2027, Eni CEO Claudio Descalzi said, warning that prolonged regional conflicts are increasing pressure on energy markets. Speaking to Reuters on Saturday, Descalzi said withdrawals []

How Trump caused the biggest oil shock in history and got away with it – for now

If this keeps up, oil is going to 200. (Nope) Gas will hit a record, too. (Wrong) And after the Strait of Hormuz finally reopens, oil will return to pre-war prices next year – at the earliest (Survey says: ). Oil industry analysts (and, ahem, at least one CNN journalist) are eating a The post How Trump caused the biggest oil shock in history and got away with it – for now appeared first on Egypt Independent.

Hours to War or Peace

Oil is edging up, while bitcoin and stocks are steady hours before a ceasefire between US and Iran expires with it unclear diplomacy will prevail.

Why Lower Oil Prices Don’t Match the Continued Drawdown in Global Inventories

Oil entered early July trading caught in one of the strangest contradictions in commodity markets: global inventories are still being drawn down, U.S.-Iran skirmishes have not fully faded, and yet prices keep sliding. Crude has now fallen back to levels seen before the war broke out, with traders focusing more on weakening demand than on [] The post Why Lower Oil Prices Don’t Match the Continued Drawdown in Global Inventories appeared first on Egyptian Gazette.

Oil prices jump and world shares are mixed as US and Iran carry out airstrikes

Oil prices have jumped and world shares are mixed after the U.S. carried out airstrikes and Iran retaliated.

Open Strait, Unsettled Waters

Welcome to The Adversarial. Every other week, we’ll provide you with expert analysis on America’s greatest challengers: China, Russia, Iran, North Korea, and jihadists. Read more below.***IranOn June 17, U.S. President Donald Trump and Iranian President Masoud Pezeshkian separately signed a memorandum of understanding. Mediated by Pakistan and Qatar, the agreement ends hostilities and provides early returns for both sides: Shipping through the Strait of Hormuz is ticking up, oil prices have been coming down, and Washington has issued a 60-day waiver on Iranian oil and petrochemical sales. But diverging claims on nearly every point the two sides spent weeks litigating The post Open Strait, Unsettled Waters appeared first on War on the Rocks.

Morocco faces fresh uncertainty as oil prices climb

Global oil prices are once again experiencing volatility as renewed security tensions in the Middle East push crude prices higher, raising questions about whether the recent decline in fuel prices in Morocco will come to an end. Although oil prices edged slightly lower in early trading on Friday, both major benchmarks remained on track for [] The post Morocco faces fresh uncertainty as oil prices climb appeared first on HESPRESS English - Morocco News.