Aramco CEO Nasser Warns Global Oil Squeeze Is Serious as Inventories Dwindle
Aramco CEO Amin H. Nasser says the global squeeze on crude oil is serious, with commercial onshore inventories now well…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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UAE Oil Output Hits Record 5.3 Million Barrels a Day in September, IEA Says
The International Energy Agency says United Arab Emirates oil output reached record levels in September. Abu Dhabi raised total production…
Oil tanker freight costs hit records, adding over 40% to US crude price
Tanker freight rates have surged to records, adding a growing share to the price of oil. Attacks on ships tied…
Oil Edges Higher as Houthi Attacks, Hormuz Disruption and US Bomb Report Fuel Tensions
Crude oil keeps edging higher as Houthi attacks on Saudi targets and disrupted Hormuz shipping persist. A report that the…
Oil Prices Fall as Trump Weighs Easing Sanctions on Shadow Fleet Tankers
Crude oil prices pulled back from recent highs after reports that President Trump is considering easing sanctions on some tankers….
