Crude glut is coming, but diesel prices are not expected to fall with it
Global oil supply is expected to soon exceed need, for the first time since the Iran war began in February….
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Trump extends Jones Act waiver 90 days to ease oil and commodity shipping
President Donald Trump extended a waiver of the Jones Act for 90 days, letting foreign-flagged ships carry oil and other…
US Oil Rigs Hold at 463 as Weekly Crude Output Hits Another Record
US oil rigs held at 463 this week while the total rig count fell to 601. Weekly crude output hit…
Ukraine Strikes Lukoil’s Volgograd Refinery, Its Ninth Russian Refinery Hit Since Start of November
Ukraine struck Lukoil's Volgograd refinery overnight on Friday, its ninth attack on a Russian refinery since the start of November….
Iraq trucks heavy crude across Syria to Baniyas as Hormuz exports stay disrupted
Iraq is trucking heavy crude across Syria to the port of Baniyas after the Iran war disrupted the Strait of…
