Petrol

The port of Rotterdam has seen, in recent years, increasingly sophisticated attempts by fraudsters to scam millions of dollars out of traders by paper fraud, offering non-existent oil storage at one of the world’s biggest oil hubs. The frauds, using fake documents and fraudulent websites, lure trade

Iraq’s oil sector has been discussed over the last few years primarily through the lens of production figures, OPEC quotas and reserve estimates. The latter, however, is no longer sufficient or even appropriate, as today’s story is no longer only oil. The current focus should be on a struggle over s

ABD Başkanı Donald Trump'ın İran ile anlaşma sürecinin son aşamaya geldiğini açıklaması ve bölgedeki gerilimin azalacağına yönelik beklentiler, petrol piyasalarında satış baskısını artırdı. Brent petrolün varil fiyatı yüzde 3'ün üzerinde düşüşle 90 doların altına gerilerken, yatırımcılar olası anlaş

Commerzbank analysts report that USD/CNY is trading near 6.78, with their model implying a slightly stronger PBoC fixing versus the previous day. The Yuan is being influenced by China’s decision to tap domestic oil reserves rather than bid aggressively in global markets.

OPEC is sticking to its view that the oil market will remain relatively tight through next year, with demand growth expected to continue outpacing non-OPEC+ supply additions despite months of war-related disruption and elevated prices. According to OPEC's June Monthly Oil Market Report released on T

Brits are racing to get their hands on electric vehicles after a surge in oil prices triggered by the war in Iran has driven away demand for petrol and diesel cars, one of the UK’s biggest used car supermarkets has said. London-listed Motorpoint, which has seen its shares jump on the back of bumper

For nearly seven years, the largest IPO in history belonged to an oil company. Not just any oil company. Saudi Aramco, the crown jewel of the world's largest crude exporter, raised $29.4 billion in its 2019 market debut, cementing what many viewed as the ultimate victory lap for the petroleum age. T

MUFG’s Lloyd Chan argues that the Thai Baht is particularly exposed to prolonged Middle East conflict and elevated Oil prices. Thailand’s large net Oil and gas deficit, weakening terms of trade and relatively low domestic yields undermine the currency’s appeal.

Back in the last century, when neo-liberalism, deregulation, and privatization were all the rage, we, in the USA, decided to restructure and deregulate the electricity industry, on the theory that such action would bring about the same benefits to electricity consumers as it did for consumers of tra

The Strait of Hormuz has become the pressure point of the global energy system. The war has already deprived global markets of 1 billion barrels of crude oil and petroleum products. Supply from the Middle East has been severely disrupted, and there is now rising uncertainty around Chinese refining p

Three months into the biggest oil supply disruption in modern history, China appears to have discovered something that should make oil bulls at least a little uncomfortable. It can get by on less fuel than anyone thought. China's gasoline and diesel demand has been falling for years as electric vehi

West Texas Intermediate (WTI) trades around $89.50 on Thursday at the time of writing, down 0.86% on the day, as investors trim positions following the recent rally driven by Middle East tensions.

Standard Chartered economists Hunter Chan and Shuang Ding argue that higher Oil and AI-related goods prices have lifted China’s import prices and PPI, ending a multi-year deflation spell.

The Pound Sterling (GBP) registers losses of 0.19% on Thursday after the latest US inflation report reflected the impact of the Iran war on producer prices, while an escalation of hostilities between Washington and Tehran triggered a recovery in Oil prices.

President Donald Trump on Thursday threatened to seize Iran's main oil export hub, Kharg Island, and assume "total control" of the country's oil and gas markets, drawing a direct line to the U.S. operation in Venezuela as a template for what could come next in Iran. "At some point in the not too dis

BNY’s Bob Savage highlights that Oil initially spiked on renewed U.S.–Iran tensions before easing, but analysts remain concerned about supply risks and the durability of any peace deal.

Hengli Petrochemical, the privately-owned Chinese refiner that was sanctioned by the U.S. in April over allegedly buying Iranian oil, is looking to buy crude from other Middle Eastern producers and West Africa, Reuters reported on Thursday, citing trade sources. Hengli Petrochemical, one of China's

ING’s Warren Patterson notes that weaker Chinese crude imports and strong US exports have temporarily eased pressure on Oil, but he stresses these supports are not sustainable. China’s May 2026 crude imports fell sharply, while higher US exports are being drawn from inventories.