oil market

Iran said the world should be ready for oil at $200 a barrel as its forces hit merchant ships on Wednesday and the International Energy Agency recommended a

The International Energy Agency (IEA) on Wednesday recommended the release of 400 million barrels of oil, the largest such move in its history, to try to

The global oil market will be in deep surplus in the first quarter of 2026, the International Energy Agency said on Wednesday, as so far excess supplies

June 22 (Reuters) – Iran’s top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday,

By Alex Longley and Yongchang Chin Jun 21, 2025 (Bloomberg) –The oil market has been wrestling for days with Donald Trump’s next act in an

(Bloomberg) — Legislation pushing Joe Biden to ratchet up sanctions on Iranian crude oil is on track to become law as early as this week. But don’t

(Bloomberg) — A surge in freight rates is prompting crude buyers in Asia to shift more purchases to Middle Eastern oil, aiding spot market prices. The

By Laila Kearney NEW YORK, Sept 16 (Reuters) – Oil ended nearly 15% higher on Monday, with Brent logging its biggest jump in over 30 years and a

By John Kemp LONDON, Sept 16 (Reuters) – Oil security experts have worried for decades about the vulnerability of Saudi Arabia’s Abqaiq processing