Oil

Oil advances as vessel attacks challenge rising Hormuz shipments

2026-10-07T01:57:50.000Z
UPDATED 6 hours ago
Tightness in refined products markets will roll forward into the winter, Vitol CEO Russell Hardy said.

Middle East oil flows of around 14 million barrels a day help avert US$200-a-barrel oil: Vitol CEO

2026-10-06T12:40:33.000Z
Persian Gulf producers are moving larger volumes through the Strait of Hormuz.

Oil holds decline on signs of increased Middle East shipments

2026-10-06T02:56:06.000Z
Oil prices that jumped as much as 1.2% after the report on attacks to the East-West pipeline eased following news of the normal operations.

Saudi East-West oil pipeline is said to be flowing as normal

2026-10-05T22:24:22.000Z
Almost 3 billion barrels of oil supply have been lost since the start of the Iran war, Saudi Aramco chief executive Amin Nasser said.

‘Scarily thin’ global oil stocks could take two years to rebuild, Saudi Aramco chief warns

2026-10-05T14:25:41.000Z
Regional crude exports exceed pre-war levels on Sep 24 and between Sep 27 and 29, rising to between 19.5 million barrels per day (bpd) and 22.5 million bpd.

Middle East crude oil exports exceed pre-Iran war levels but tanker attacks increase

2026-10-05T01:47:04.000Z
Oil producers across the Middle East are rushing to secure tankers to underpin their ability to restore flows of crude and refined fuels through the strait.

Iraq shifts oil strategy by arranging tanker to move past Hormuz

2026-10-04T21:53:50.000Z
“The position of the Islamic Republic of Iran is completely clear and firm,” said Iran’s parliament speaker Mohammad Baqer Qalibaf.

Iran says Hormuz strait will not reopen until conditions are met: report

2026-10-04T08:45:44.000Z
Opec+ needs a capacity review to decide how to distribute increases and any changes to output are unlikely before 2027.

Opec+ agrees to keep November oil output targets steady

2026-10-04T08:35:29.000Z
Brent settled down US$0.06, or 0.1%, at US$102.25 a barrel. West Texas Intermediate finished down US$1.76, or 1.9%, at US$91.11 a barrel.

Oil settles lower after Europe agrees to tap diesel reserves

2026-10-03T01:14:31.000Z