September 4, 2026 ADNOC Keeps Loading LNG as Hormuz Risks Intensify Oil Price Emirati ADNOC is still loading liquefied natural gas in the Persian Gulf despite the latest exchange of strikes between the United States and Iran, Bloomberg has reported, citing satellite imaging […] Oil Price
September 4, 2026 Brent Nears $96 as Iran Conflict Keeps Oil Market on Edge Oil Price Crude oil prices extended their climb today and are set for a sharp weekly gain as the war in the Middle East continues with little chance of peace. At the […] Oil Price
September 4, 2026 Argentina Targets Falklands Oil Drillers With Tougher Sanctions Oil Price Argentina’s President Javier Milei threatened to impose sanctions on oil companies drilling near the Falkland Islands, after reiterating his claim that the territory under British control is Argentine. The Falklands […] Oil Price
September 4, 2026 U.S. Diesel Prices Hit All-Time High as Global Fuel Squeeze Deepens Oil Price The average U.S. diesel price hit a record high late on Thursday, exceeding the previous record from 2022, as the Middle East crisis tightened global fuel markets and sent prices […] Oil Price
September 4, 2026 Europe Gas Prices Head for Fourth Straight Weekly Gain Oil Price European benchmark natural gas prices on Friday headed for their fourth consecutive weekly gain as the re-escalation in the Middle East dampened hopes that LNG flows from the Strait of […] Oil Price
September 4, 2026 Rosneft CEO: China Calls The Shots in Oil Markets, Not OPEC Oil Price China and its crude oil buying behavior in the spring and summer have stabilized global oil markets as Beijing, not OPEC, is calling the shots now, according to Igor Sechin, […] Oil Price
September 4, 2026 Iran Says It’s Found Ways to Dodge U.S. Oil Blockade Oil Price Iran pursues various tactics to bypass the U.S. blockade, which President Trump reimposed in the middle of July after the deal to make a deal collapsed, according to Iranian Oil […]
September 3, 2026 Asian Oil Buying Spree Sends Dubai Crude Toward $100 Oil Price Stronger appetite for Middle Eastern crude grades from China and India has added upward pressure on prices for these grades, pushing the Dubai futures close to $100 per barrel, Bloomberg […] Oil Price
September 3, 2026 Asian LNG Prices Surge to Highest Since 2022 as Iran War Escalates Oil Price Spot LNG prices for Asian buyers went up to almost $26 per million British thermal units yesterday for a 5% weekly gain following the resumption of strikes between the United […] Oil Price
September 3, 2026 Europe’s Low Gas Stocks Set Stage for Winter LNG Battle Oil Price Europe’s lowest levels of natural gas in storage in nearly two decades risk intensifying the race for LNG supply in the coming months as both Europe and Asia are competing […] Oil Price
September 3, 2026 Global Refining Crunch Could Keep Fuel Prices High Into 2027 Oil Price Damaged refineries in the Middle East and Russia and insufficient capacity elsewhere to offset the supply disruptions will likely keep global fuel prices elevated into the next year, analysts say. […] Oil Price
September 3, 2026 Iraq Hikes Oil Exports via Hormuz in Boon for Asian Refiners Oil Price OPEC’s second-largest producer, Iraq, more than doubled its crude oil exports via the Strait of Hormuz in August as it offered month-watering discounts for loadings at Basrah in the Persian […] Oil Price
September 2, 2026 Diesel Cracks Hit Record Highs as Global Fuel Squeeze Deepens Oil Price The re-escalation in the Middle East and the Russian ban on diesel exports amid incessant Ukrainian drone attacks on refineries have pushed middle distillate cracks to record highs this week. […] Oil Price
September 2, 2026 Qatar and UAE Turn to Rare LNG Ship Transfers as Hormuz Crisis Drags On Oil Price Three LNG carriers loaded from Qatar and the United Arab Emirates in the Persian Gulf have transferred their cargoes onto other vessels outside the Strait of Hormuz in the past […] Oil Price
September 2, 2026 Kazakhstan to Double Oil Refining Capacity by 2040 Oil Price Kazakhstan plans to more than double its crude oil refining capacity by 2040 from current levels by expanding existing capacities and building a major new refinery, the country’s Energy Ministry […] Oil Price
September 2, 2026 India Boosts Far East Russian Oil Imports as War Upends Trade Routes Oil Price India raised its purchases of Russia’s Far East crude blend ESPO in the first seven months of the year as China backed out of the spot market in the first […] Oil Price
September 1, 2026 Oil Prices Climb as Trump Threatens New Strikes on Iran Oil Price Crude oil prices extended their earlier climb after President Trump issued his latest threat to Iran, following the first exchange of fire in weeks. At the time of writing, Brent […] Oil Price
September 1, 2026 U.S. Oil Deal Pushes China and Russia Out of Venezuelan Fields Oil Price A U.S. oil company controlled by a Venezuelan business tycoon will replace Chinese and Russian operators of several Venezuelan oil fields, Reuters has reported, citing two unnamed U.S. officials. North […] Oil Price
September 1, 2026 Price, Not Politics, Is Driving Most of India’s Oil Buying Oil Price India’s imports of spot crude cargoes from producers such as the United States and Venezuela are being driven by the prevailing cargo and oil prices, the top executive of India’s […] Oil Price
September 1, 2026 Ukrainian Drone Barrage Sets Key Russian Oil Port Ablaze Oil Price A massive Ukrainian drone attack at Russia’s Ust-Luga oil export terminal in the Baltic Sea has sparked a fire at the site as Ukraine continues to target Russian refineries and […] Oil Price
September 1, 2026 Russia Doubles Dark Fleet to Ship LNG to Asia Oil Price In just nine months, Russia has doubled the number of opaque-owned vessels that it uses to ship liquefied natural gas from its sanctioned Arctic LNG 2 export project, a Bloomberg […]
September 1, 2026 Asia Spot LNG Prices Hit 5-Month High as Hormuz Blockage Drags On Oil Price Spot LNG prices in Asia jumped on Tuesday to the highest level since the 2026 winter, as buyers compete for spot cargoes amid the still-stalled LNG traffic through the Strait […] Oil Price
August 31, 2026 Trump Says Venezuelan Oil Will Refill U.S. Strategic Petroleum Reserve Oil Price The United States will use Venezuelan crude to refill the Strategic Petroleum Reserve, President Donald Trump said on Sunday on social media. Describing the move as a “Gift from Venezuela […] Oil Price
August 31, 2026 Asian Refiners Turn to Argentina as Iran War Disrupts Oil Supply Oil Price Asian crude oil importers, including China, Japan, and South Korea, have turned to buying oil from as far as Argentina to offset supply losses from the Middle East, anonymous traders […] Oil Price
August 31, 2026 Iran Says Supertanker Hit by Mines in Strait of Hormuz Oil Price A supertanker caught fire after hitting two naval mines in the southern Strait of Hormuz, Iranian state media reported on Monday, citing Iran’s Islamic Revolutionary Guard Corps. The tanker was […] Oil Price
August 31, 2026 China’s LNG Imports Set to Drop 18% in August as Prices Soar Oil Price China’s liquefied natural gas imports are on track to slump by 18% in August from a year earlier, bucking a three-month-long trend of growing purchases this summer, as high LNG […] Oil Price
August 31, 2026 Asia Steps In to Fill Diesel Supply Gap in Africa as Middle East Exports Crash Oil Price Asia’s diesel exports to Africa are surging to nearly five-year highs, as Middle East’s sales to Africa crashed to nine-year lows amid threats to shipping and refinery outages, a Reuters […] Oil Price
August 28, 2026 Oil Prices Head for a Weekly Loss Despite Escalating Iran Tensions Oil Price Crude oil prices were on course to book another weekly loss despite no sign of any progress being made towards peace between Iran and the United States. At the time […] Oil Price
August 28, 2026 Hormuz Tanker Traffic Drops Despite Recovery in Oil Flows Oil Price Tanker traffic in the Strait of Hormuz slowed below the ten-day average this week, with only seven commodity vessels traversing the waterway on Thursday, Reuters reported today, citing preliminary data […] Oil Price
August 28, 2026 Gulf Oil Exports Rebound Despite Iran War Oil Price Oil volumes moving out of the Persian Gulf have recovered to about two-thirds of the typical levels from before the Iran war, Goldman Sachs says, noting that the jump in […] Oil Price
