The International Energy Agency (IEA) has projected a decline in global oil demand for the first…
Tag: oil
Yemen’s Houthi Rebels Renew Conflict, Threaten Oil Supply
Yemen's Houthi rebels have reignited conflict this week, raising concerns about potential disruptions to global oil…
China’s Crude Oil Imports Hit Decade Low Amid Tensions
China's crude oil imports fell to a decade low in June, reaching 7.12 million barrels per…
Chevron Advances Iraq Oil Projects with New Agreements
Chevron is set to sign two memoranda of understanding on Friday that will advance its plans…
Oil prices decline amid US-Iran tensions, remain elevated
Oil prices settled lower on Thursday, July 16, but remained near their highest levels since mid-June…
US gas prices near $4 as diesel tops $5 amid Iran conflict
US gas prices have surged to an average of $3.94 per gallon, increasing 15 cents in…
India raises windfall tax on diesel, ATF exports amid oil
India's government has nearly doubled the windfall tax on diesel and aviation turbine fuel (ATF) exports…
US Strikes Oil Tanker in Strait of Hormuz Amid Tensions
The U.S. military disabled an unladen oil tanker in the Strait of Hormuz on Thursday, escalating…
U.S. Crude Inventories Fall 1.7 Million Barrels Amid
U.S. crude oil inventories decreased by 1.7 million barrels for the week ending July 10, according…
Iran War’s Aftermath Could Disrupt Global Oil Supply Chains
The ongoing conflict in Iran is expected to have lasting effects on global oil supply chains,…