April 15, 2026 Canadian Oil Companies to Hold Back Investment Despite Windfall Profits Canadian oil and gas companies expect to see robust profit growth resulting from the supply squeeze caused by the war in the Middle East, but will not use the windfall […] Oil Price
April 15, 2026 Indonesia Turns to Russia for Oil as Middle East Risks Mount Indonesia and Russia are in talks on boosting cooperation, including through the long-term supply of Russian crude to the Asian nation, media have reported, following a meeting between the presidents […] Oil Price
April 15, 2026 Japan to Deploy $10 Billion to Help Southeast Asia Cope With Oil Shock Japan is readying a $10-billion financial support package for Southeast Asian economies to help them procure crude oil amid the supply shock from the Middle East, Japanese news outlet NHK reports. […] Oil Price
April 15, 2026 World’s Top Oil Companies To Rake In Extra $234 Billion In War Profits An analysis by The Guardian has revealed that the world’s largest Oil & Gas companies, as well as major oil producers such as Saudi Arabia and Russia, will make an extra $234 […] Oil Price
April 15, 2026 China Considers Cuts to Solar Equipment Exports to U.S. China is tentatively considering whether to curb exports of solar manufacturing equipment to the United States in what could become another significant export restriction of a technology in which Chinese […]
April 14, 2026 China Cuts Back on Oil and Gas Imports as Prices Surge China’s natural gas imports dropped sharply in March amid the tanker traffic paralysis in the Middle East. Oil imports also fell on an annual basis, but were up in February. […] Oil Price
April 14, 2026 Stockpiled Iranian Oil Cushions China From U.S. Blockade of Hormuz China’s teapots can rely on the highest volumes of Iranian crude sitting on tankers since January to blunt a potential supply crunch due to the U.S. blockade of the Strait […] Oil Price
April 14, 2026 HSBC Sees A U.S.-Iran Deal As Key To Restoring Oil and Gas Flows A peace deal in the Middle East is key to restoring global energy flows, and the sooner it could be achieved, the less negative economic impact it would have on […] Oil Price
April 14, 2026 Iran Showing Signs of Capitulating Over Strait Of Hormuz Iran may halt its own oil shipments through the Strait of Hormuz for several days. Tehran is weighing a short-term pause to avoid testing the U.S. naval blockade just days […] Oil Price
April 13, 2026 Oil Tanker Confusion as Trump Announces Blockade Tankers in the Persian Gulf have started moving away from the Strait of Hormuz in anticipation of a U.S. naval blockade announced by President Donald Trump on Sunday. Citing data […] Oil Price
April 13, 2026 Russia Signals It Would Gladly Restart Gas Deliveries to Europe Russia would be ready to keep supplying natural gas to Europe if there are any volumes left from increased exports to other markets, Kremlin spokesman Dmitry Peskov told Russian media […] Oil Price
April 13, 2026 LNG Shock Hits Asia as War Disrupts Gulf Exports and Prices Soar Over the past month, Asia’s imports of LNG have plunged to their lowest level since the Covid pandemic crashed demand in June 2020, as the Middle East war trapped supply […] Oil Price
April 13, 2026 Saudi Oil Exports to China Set to Halve as War Upends Supply and Prices Saudi Arabia is expected to ship in May halve the crude volumes to China it supplies in April as the Kingdom hiked its official selling prices while part of the […] Oil Price
April 13, 2026 Oil Soars 7%, OPEC Cuts Demand Forecast As Trump Moves to Block Iran Ports Oil prices jumped more than 7% back above $100 a barrel as the U.S. moved to block ships sailing through the Strait of Hormuz in a bid to throttle Iran’s oil […] Oil Price
April 10, 2026 Japan to Release More Oil Amid Supply Crunch Oil News Japan will release additional volumes of crude oil next month, Prime Minister Sanae Takaichi said today, confirming earlier reports about more releases from inventories to handle the supply squeeze resulting […] Oil Price
April 10, 2026 Ukraine to Complete Druzhba Oil Pipeline Repairs This Spring Oil News Ukraine will complete in the spring repairs on the damaged oil pipeline Druzhba, which carries Russian oil to Hungary and Slovakia, according to Ukrainian President Volodymyr Zelenskyy. At the end […] Oil Price
April 10, 2026 Oil Price Shock Drives 140% Surge in China’s EV Exports to Record High Oil News Chinese electric vehicle exports soared by 140% to a record high in March as the fuel price shock drove consumers back to EVs. China exported as many as 349,000 electric […] Oil Price
April 10, 2026 Novorossiysk Restarts Oil Loadings at Reduced Capacity After Drone Strike Oil News Russia has restarted limited oil loadings at its Black Sea port of Novorossiysk after a drone attack earlier this week forced a full suspension. Operations at the Sheskharis terminal resumed […] Oil Price
April 9, 2026 Oil Prices Rise as Iran Signals Hormuz Closure Oil News Iran has reportedly closed the Strait of Hormuz again, less than 24 hours after agreeing to a ceasefire deal with the United States. According to reports, Iran considers Israel’s continued and […] Oil Price
April 9, 2026 Chinese Oil Tankers Attempt to Exit the Strait of Hormuz Two Chinese oil tankers carrying Iraqi and Saudi crude sped up on Thursday morning toward the exit of the Strait of Hormuz, before coming to a halt just at the […] Oil Price
April 9, 2026 Japan Weighs Releasing More Oil Reserves as Hormuz Risks Persist Oil News Japan is weighing the idea to release in May another batch of oil stocks from reserves to provide about 20 days of oil consumption, amid continued uncertainty about tanker transits […] Oil Price
April 9, 2026 Traders and Refiners Book Ships to Load Middle East Oil on Hormuz Hope Oil News The state refiner of Taiwan and commodity trading giant Glencore have each booked a tanker to travel to the Middle East and load oil, in a sign that crude customers […] Oil Price
April 9, 2026 EU Eases Methane Rules to Keep Oil and Gas Flowing Oil News The European Union is preparing to loosen methane rules on imported oil and gas as the bloc scrambles to secure supply in the wake of the U.S.-Iran war. Brussels is […] Oil Price
April 8, 2026 Oil Prices Plunge Below $100 as Trump Announces Iran Ceasefire Oil News Oil prices plunged below $100 in early Asian trading on Wednesday after President Trump announced a conditional two-week ceasefire agreement with Iran. At the time of writing, WTI had dropped by 13.96% […] Oil Price
April 8, 2026 India Set to Import First Iranian Oil in 7 Years Oil News India is expected to receive this week its first cargo of Iranian oil in seven years, after the U.S. last month unsanctioned purchases of Iran’s oil already loaded on tankers. […] Oil Price
April 8, 2026 European Natural Gas Futures Slump by 20% on Ceasefire Relief Oil News European benchmark natural gas prices tumbled 20% at opening in Amsterdam on Wednesday after the U.S. and Iran announced a two-week ceasefire that could lead to reopening of the Strait […] Oil Price
April 8, 2026 Shell Expects ‘Significantly Higher’ Oil Trading Profits in Q1 Oil News Shell expects its adjusted earnings in marketing and oil trading for the first quarter to be “significantly higher”, the UK-based supermajor said in a trading update on Wednesday in a preview for […] Oil Price
April 7, 2026 India’s Fuel Consumption Climbs Even as LPG Supplies Tighten Fuel consumption in India last month reached 21.37 million tons, which was the highest since December 2025, government data showed this week. The figure was also an increase on February’s total of […] Oil Price
April 7, 2026 Kazakhstan’s Oil Exports Stable despite Attack on Russian Black Sea Port Oil News Kazakhstan’s crude exports have not been affected by Monday’s drone attack on the Russian Black Sea port of Novorossiysk, which is the primary export outlet of Kazakh oil, Kazakhstan’s Ministry […] Oil Price
April 7, 2026 WTI Crude Oil Hits $115 as Strikes Target Iran’s Kharg Island Oil News WTI crude surged to $115.8 per barrel—its highest level since April 2008—as President Donald Trump warned that “a whole civilization will die tonight,” while strikes were reported on Iran’s Kharg Island, […] Oil Price
