Citi raises Q3 2026 Brent forecast to $80 a barrel as Iran talks drag on
Citi raised its third-quarter 2026 average Brent crude forecast to $80 a barrel from $75 previously, pointing to continued back-and-forth…
Commodities News
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BP to Acquire Woodside’s Stake in Trinidad and Tobago Calypso Gas Field
BP has agreed to buy Woodside Energy's 70% operating stake in the Calypso gas field offshore Trinidad and Tobago, making…
Oil rises as Strait of Hormuz deal fails to materialize
Oil prices climbed Friday as traders waited for a deal teased by the Trump administration to reopen the Strait of…
ADNOC Reports 15 Missile and Drone Attacks on Vessels in Strait of Hormuz
Abu Dhabi National Oil Company says 15 missile and drone attacks have hit its vessels in the Strait of Hormuz…
ADNOC Spends $1.3 Billion on New Tankers as It Nearly Doubles Its Crude Carrier Fleet
Abu Dhabi National Oil Co.'s shipping arm spent $1.3 billion on new tankers, lifting its Very Large Crude Carrier fleet…
