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Russia launches major Vostok Oil project with first Arctic loading

info info - September 7, 2026

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Oil jumps more than 2% after US attack on Iran’s Larak Island

info info - August 31, 2026

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Hormuz oil flows rising as Gulf Giants’ ramp up accelerates

info info - August 28, 2026

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Oil falls as US prepares to unveil new Iran sanctions

info info - August 24, 2026

Oil

Winter chill set to keep oil prices near $80/barrel

Oil prices will hold near $80 as the year ends, as tight supplies and higher gas bills encourage a switch to crude for power...

OPEC+ misses target again, as some members struggle to raise oil output

OPEC+ compliance with oil cuts fell slightly to 115% in September, sources said, indicating that as the alliance raises production targets, some members are...

China crude imports down 15% on yr, gas imports at 9-mth high

China’s September crude oil imports fell 15.3% from a year earlier, data showed on Wednesday, as companies drew on inventories amid rising global prices...

Energy Crunch Stokes Inflation, Economic Recovery Concerns

Authorities from Beijing to Delhi scrambled to fill a yawning power supply gap on Tuesday, triggering global stock and bond market wobbles on worries...

Brent Rises to Highest Since 2018 on Global Energy Crunch

Brent approached $80-a-barrel on signs that the crude market is rapidly tightening amid a global energy crunch. The global benchmark crude surged as much...

Goldman expects oil prices to hit US$90 by year-end as supply tightens

Goldman Sachs raised its forecast for year-end Brent crude oil prices to US$90 per barrel from US$80, as a faster fuel demand recovery from...

Strong domestic demand sees US oil product imports growing

Recovering demand for US oil products has caused a 25.9% rise in US seaborne imports of oil products in the first seven months of...

U.S. Energy Exports Show First Surplus Since at Least the 1970s

Trade deficits have been a stubborn feature of the U.S. economy for decades now, but energy has started to buck that trend, helped by...

Petrobras commits to net-zero carbon emissions

Brazilian state-controlled Petrobras is the latest national oil company to commit to becoming carbon neutral, in line with the 12-member global oil and gas...