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Home » Oil Price

Oil Price

September 28, 2026

Oil Prices Jump 3% on Rekindled War Fears Oil Price

Crude oil prices started the week with a jump after President Trump rejected a peace deal proposal tabled by Iran last week at the UN General Assembly. At the time […]

September 28, 2026

Middle East Oil Exports Rebound to 12.8 Million Bpd Oil Price

Crude oil exports from the Middle East have risen to 12.8 million barrels daily this month, preliminary data from Kpler cited by Reuters has suggested. The rebound was led by […]

Middle East Oil Exports Rebound to 12.8 Million Bpd
Oil Price
September 28, 2026

Qatar Extends LNG Force Majeure as Hormuz Crisis Drags On Oil Price

State-owned QatarEnergy has extended the force majeure on LNG deliveries to Asia and Europe by another month through the end of November, as LNG cargo traffic through the Strait of […]

Qatar Extends LNG Force Majeure as Hormuz Crisis Drags On
Oil Price
September 28, 2026

High Freight Costs Push More U.S. LNG Toward Europe Oil Price

Europe is currently benefiting from the closed arbitrage between the U.S. Gulf Coast and Asia and is taking more LNG supplies in possible relief from concerns about winter gas supply. […]

September 28, 2026

TotalEnergies Targets 3% Annual Oil and Gas Growth Through 2030 Oil Price

TotalEnergies expects its oil and gas production to grow by more than 3% every year until 2030 due to start-ups of new low-cost projects currently under development, the French supermajor […]

TotalEnergies Targets 3% Annual Oil and Gas Growth Through 2030
Oil Price
September 28, 2026

European Gas Prices Rally on U.S.-Iran Stalemate Oil Price

Europe’s benchmark natural gas prices rose by 2% in early trade in Amsterdam on Monday, as the United States and Iran are again locked in a stalemate over negotiations and […]

European Gas Prices Rally on U.S.-Iran Stalemate
Oil Price
September 28, 2026

Indonesia’s Coal Exports Sink 23% as Global Demand Heads for a Record Oil Price

The world’s biggest exporter of thermal coal, Indonesia, is not benefiting from tightening global coal markets amid an Asian switch to coal from gas due to the Middle East crisis […]

Indonesia's Coal Exports Sink 23% as Global Demand Heads for a Record
Oil Price
September 25, 2026

VLCC Rates Hit Record $1.27 Million a Day Oil Price

Capacity for ship-to-ship transfers of crude oil off the coast of Oman has reached its limits after Saudi Arabia diverted its flows from the port of Yanbu amid Houthi attacks, […]

September 25, 2026

India Says It Will Keep Exporting Diesel Oil Price

India will keep exporting diesel to help meet global demand and ease the fuel crunch, Oil Minister Hardeep Puri said. “We honor our commitments,” the minister said at an industry […]

September 25, 2026

Netherlands Pushes to Scrap EU Gas Storage Mandate After $1.14 Billion Bill Oil Price

The Netherlands considers that the current EU system of gas storage targets ahead of winter is inadequate and burdens governments that have to pay for meeting the EU-wide obligations. The […]

September 25, 2026

Italy Pushes Refineries to Raise Fuel Output Amid Price Surge Oil Price

Italy’s industry and energy security ministers will meet with executives from the Italian refining sector in early October to discuss how refineries could raise diesel and gasoline production to help […]

Italy Pushes Refineries to Raise Fuel Output Amid Price Surge
Oil Price
September 24, 2026

Brent Holds Above $102 as Iran Talks Stall Over Hormuz Conditions Oil Price

Crude oil prices took a dip today amid reports that there was willingness for peace in the Middle East on both sides of the conflict. The dip partially offset gains […]

Brent Holds Above $102 as Iran Talks Stall Over Hormuz Conditions
Oil Price
September 24, 2026

Morgan Stanley: Diesel Export Ban Would Push U.S. Gas Prices Higher Oil Price

U.S. gasoline prices will spike further if the Trump Administration bans diesel exports, Morgan Stanley analysts say, as restrictions remain a debate amid record-high diesel prices in America. “A diesel […]

Morgan Stanley: Diesel Export Ban Would Push U.S. Gas Prices Higher
Oil Price
September 24, 2026

Europe’s Gas Prices Jump as Hormuz Standoff Drags On Oil Price

Europe’s benchmark natural gas prices jumped by 4% at trade open in Amsterdam on Thursday, as the United States and Iran remain distant on how to end the war and […]

Europe’s Gas Prices Jump as Hormuz Standoff Drags On
Oil Price
September 24, 2026

Saudi Arabia Sells 100 Million Barrels of Crude to Asia via Hormuz Oil Price

Saudi Arabia has sold almost 100 million barrels of crude to Asian buyers via the Strait of Hormuz since the middle of last week, when it pivoted to the chokepoint […]

Saudi Arabia Sells 100 Million Barrels of Crude to Asia via Hormuz
Oil Price
September 24, 2026

Record Fuel Prices Send European EV Sales Soaring Oil Price

Record-high gasoline and diesel prices in many European markets did what European policymakers couldn’t do in years – shift consumer choice to low-emission vehicles. Battery electric vehicle sales in Europe, […]

Record Fuel Prices Send European EV Sales Soaring
Oil Price
September 23, 2026

Trump Backs Diesel Export Ban as Prices Hit Record Highs Oil Price

President Trump has declared his support for a potential ban on diesel fuel exports amid record-breaking prices at the pump. “I’ve said let’s not send out the diesel. We make […]

Trump Backs Diesel Export Ban as Prices Hit Record Highs
Oil Price
September 23, 2026

South Korea Aims to Cut Middle East Crude Reliance to 50% by 2035 Oil Price

South Korea will try to cut its reliance on Middle East crude imports to 50% by 2035, Reuters has reported, citing the country’s industry ministry. The ministry has drafted a […]

South Korea Aims to Cut Middle East Crude Reliance to 50% by 2035
Oil Price
September 23, 2026

Michigan Judge Tosses State’s Antitrust Suit Against Big Oil Oil Price

A district judge in Grand Rapids has dismissed a lawsuit brought against several oil supermajors that accused the companies of conspiring to interfere with competition in alternative energy and electric […]

Michigan Judge Tosses State's Antitrust Suit Against Big Oil
Oil Price
September 23, 2026

Oil Set for Longest Losing Streak Since August 2025 Oil Price

Oil prices fell in Asian trading on Wednesday and were on course for a sixth consecutive day of declines as the first U.S.-Iran talks in months revived hopes of a […]

Oil Set for Longest Losing Streak Since August 2025
Oil Price
September 23, 2026

Asia’s Crude Imports Hit Highest Level Since the Iran War Began Oil Price

Asia is set to import the highest volumes of crude oil in September since February this year, when the Iran war started, crippled supply from the Middle East, and forced […]

Asia's Crude Imports Hit Highest Level Since the Iran War Began
Oil Price
September 23, 2026

TotalEnergies to Develop Offshore Gas Field to Boost Nigeria LNG Supply Oil Price

TotalEnergies has decided to invest in the development of the Ima gas field offshore Nigeria to increase supply for the expanding Nigeria LNG export plant, the French supermajor said on […]

TotalEnergies to Develop Offshore Gas Field to Boost Nigeria LNG Supply
Oil Price
September 23, 2026

Climate Startup Signs CO2 Deals With Three U.S. Oil Producers Oil Price

Cuts to U.S. federal incentives for carbon capture projects and an uncertain regulatory environment going forward have prompted some start-ups to move from solely capturing and storing carbon dioxide to […]

Climate Startup Signs CO2 Deals With Three U.S. Oil Producers
Oil Price
September 22, 2026

Oil Prices Reverse Course as Traders Watch US-Iran Diplomacy Oil Price

Crude oil prices, which had been falling since last week, today reversed course and made gains ahead of a UN General Assembly session that many hope will yield some progress […]

Oil Prices Reverse Course as Traders Watch US-Iran Diplomacy
Oil Price
September 22, 2026

Saudi Oil Lifeline May Reopen as Aramco Eyes Yanbu Restart Oil Price

Saudi Aramco officials have informally told at least three Asian refiners that they would soon be able to pick up crude oil cargoes at the Yanbu port on the Red […]

Saudi Oil Lifeline May Reopen as Aramco Eyes Yanbu Restart
Oil Price
September 22, 2026

ING: Supply-Side Risks Stay Elevated Even as Oil Prices Pull Back Oil Price

Despite the recent decline in crude oil prices due to lower-than-feared disruption of Saudi exports, supply-side risks remain elevated, and not only in the Middle East, analysts at ING Bank […]

ING: Supply-Side Risks Stay Elevated Even as Oil Prices Pull Back
Oil Price
September 22, 2026

UK Gas Prices Force Ineos to Idle Three Chemical Plants Oil Price

INEOS is idling three of its plants in the UK as soaring natural gas prices in Europe make operations uncompetitive, the chemicals giant said on Tuesday, warning that with the […]

UK Gas Prices Force Ineos to Idle Three Chemical Plants
Oil Price
September 22, 2026

Oil Tumbles 3% as Iran Floats Hormuz Reopening Within a Week Oil Price

Iran has offered to open the Strait of Hormuz within seven days if the United States eases its pressure including taking steps toward ending the U.S. military blockade of Iranian […]

Oil Tumbles 3% as Iran Floats Hormuz Reopening Within a Week
Oil Price
September 22, 2026

“We’re Living On An Oil Market Credit Card”: Analyst Sounds Alarm Oil Price

The oil market is living on borrowed time as flows through the Strait of Hormuz remain disrupted and the cushions such as stock draws and low Asian demand are running […]

“We're Living On An Oil Market Credit Card”: Analyst Sounds Alarm
Oil Price
September 21, 2026

Oil Prices Slide as Traders Bet on Iran Diplomacy Oil Price

Crude oil prices started the week with a slide, moving down to the lowest in a week on renewed hopes about a diplomatic resolution of the war in the Middle […]

Oil Prices Slide as Traders Bet on Iran Diplomacy
Oil Price

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