Aramco cuts Arab Light crude price by $6 for July 2026, largest since 2000
Aramco's price cut reflects strategic adaptation to market shifts, potentially stabilizing oil prices amid fluctuating global demand and supply. The p...
Jul 6open_in_new
OIL (OIL) — News
1,993 articles · updated every 3 minutes
Ukraine strikes two oil tankers linked to Russia’s shadow fleet, exposing crypto payment networks
Ukraine's actions highlight vulnerabilities in crypto networks, prompting increased regulatory scrutiny on digital assets and stablecoin issuers. The ...
Jul 6open_in_new
Ukraine strikes Russian-linked oil tankers in Sea of Azov
Ukraine's strike on Russian-linked oil tankers signals increased maritime warfare, potentially boosting confidence in Ukraine's strategic capabilities...
Jul 6open_in_new
OPEC+ raises output quotas for fourth straight month, fueling concerns of oil market glut
OPEC+'s symbolic quota hikes amid logistical constraints highlight geopolitical tensions' impact on global markets and inflation expectations. The pos...
Jul 6open_in_new
OPEC+ raises output quotas amid Strait of Hormuz conflict, oversupply concerns
OPEC+'s quota increase amid geopolitical tensions may lead to oversupply, potentially lowering oil prices if Strait of Hormuz reopens. The post OPEC+ ...
Jul 6open_in_new
Ornn raises $33M to build marketplace for trading compute power like oil
Ornn's marketplace could revolutionize AI infrastructure by stabilizing GPU costs and enabling speculative trading, akin to energy markets. The post O...
Jul 6open_in_new
World faces risk of oil price spikes after loss of 1 billion barrels from Hormuz disruption
The depletion of oil reserves heightens market vulnerability, potentially leading to rapid price surges with any future supply disruptions. The post W...
Jul 6open_in_new
Iran war disrupts oil supply, future price spikes loom
Geopolitical tensions and depleted reserves heighten long-term oil price volatility risks, despite short-term stability in market expectations. The po...
Jul 6open_in_new
Ukrainian drones damage Russian ports, targeting oil export infrastructure
Ukraine's strategic strikes on Russian ports could weaken Russia's economy, potentially boosting Ukraine's military confidence and objectives. The pos...
Jul 6open_in_new
Ukrainian drone strikes on Russian Baltic ports threaten oil supply disruptions with ripple effects across risk markets
The disruption of Russian oil exports could exacerbate global inflation, impacting interest rates and increasing reliance on cryptocurrencies. The pos...
Jul 6open_in_new
Iran blocks Strait of Hormuz, threatening global oil supply amid conflict
The blockade exacerbates global fuel crises, heightens geopolitical tensions, and raises concerns over Iran's regime stability and leadership future. ...
Jul 6open_in_new
Iran holds funeral procession for Ayatollah Khamenei as oil markets and crypto brace for geopolitical fallout
Khamenei's death and the ensuing power shift may destabilize regional politics, impacting global oil prices and cryptocurrency regulations. The post I...
Jul 6open_in_new
OPEC+ approves cumulative production increase of 940,000 barrels per day as oil strategy shifts
OPEC+'s strategy could lower energy costs, impacting crypto mining margins and influencing central bank rate decisions amid geopolitical tensions. The...
Jul 5open_in_new
OPEC adjusts oil production by 188K bpd, meeting set for August 2
OPEC's cautious production increase aims to stabilize the market, potentially moderating price surges and impacting future oil price forecasts. The po...
Jul 5open_in_new
OPEC Plus to boost oil output by 188,000 barrels daily from July 2026
OPEC Plus's output increase may stabilize oil markets but geopolitical tensions could still disrupt supply, affecting future price trends. The post OP...
Jul 5open_in_new
OPEC+ to boost oil supply by 188,000 barrels per day in August
OPEC+'s supply boost may stabilize oil prices, reduce peak price expectations, and address surplus concerns amid geopolitical uncertainties. The post ...
Jul 5open_in_new
OPEC+ agrees to modest oil production increase that probably won’t matter much
OPEC+'s modest production increase highlights geopolitical tensions' impact on oil markets, underscoring the need for conflict resolution. The post OP...
Jul 5open_in_new
OPEC+ to increase oil production quotas amid Middle East stabilization
OPEC+'s quota increase may stabilize oil prices, reducing the risk of historic highs, while geopolitical shifts influence market dynamics. The post OP...
Jul 5open_in_new
Iran to charge service fees for ships in Strait of Hormuz, with Bitcoin payments and friendly-nation discounts
Iran's new fees and Bitcoin payments for Hormuz transit could reshape global shipping norms, impacting oil prices and geopolitical alliances. The post...
Jul 4open_in_new
Strait of Hormuz oil supply disrupted, market prices in surplus
The disruption highlights vulnerabilities in global oil supply chains, potentially reshaping energy strategies and market dynamics worldwide. The post...
Jul 4open_in_new
Iran signs ceasefire MOU with US amid deep skepticism over American commitments
The ceasefire MOU's success hinges on US-Iran trust, impacting global oil markets and regional stability amid skepticism of US commitments. The post I...
Jul 4open_in_new
Ukrainian drones hit Russian oil sites, fuel crisis pressures Putin
Ukraine's strategic strikes on Russian oil sites could weaken Russia's military logistics, potentially aiding Ukraine's territorial ambitions. The pos...
Jul 4open_in_new
Iran’s Foreign Ministry vows to pursue justice for Khamenei’s death as crypto markets feel the aftershocks
Khamenei's death intensifies geopolitical tensions, impacting global oil routes and crypto markets, while regulatory scrutiny on exchanges increases. ...
Jul 4open_in_new
Oil market shifts from supply shock to surplus, global glut fears rise
The shift to an oil surplus could destabilize markets, influencing prices and investor sentiment, while geopolitical risks remain a concern. The post ...
Jul 4open_in_new
ECB says it’s sitting pretty after June rate hike as oil prices cool
The ECB's rate hike, aided by cooling oil prices, stabilizes inflation expectations, but future monetary policy remains data-dependent. The post ECB s...
Jul 4open_in_new
Ukrainian drones strike St. Petersburg oil terminal hours before Russia’s showcase economic forum
The attack underscores Ukraine's enhanced military reach, potentially destabilizing Russian economic confidence and impacting global energy markets. T...
Jul 4open_in_new
Drone attack hits oil terminal in St. Petersburg amid Russia-Ukraine conflict
The drone attack signifies a strategic shift, potentially boosting Ukrainian morale and impacting geopolitical and economic stability. The post Drone ...
Jul 4open_in_new
Iran enforces tolls in Strait of Hormuz amid US-Iran tensions
Iran's toll enforcement in the Strait of Hormuz could escalate regional tensions, impacting global oil trade and diplomatic relations. The post Iran e...
Jul 4open_in_new
Iran crisis triggers largest daily oil supply shock since 1979 revolution
Geopolitical tensions in Iran may lead to sustained higher oil prices, affecting global energy markets and economic stability. The post Iran crisis tr...
Jul 3open_in_new
Canada confirms new oil pipeline route to Pacific Coast
The pipeline route confirmation could reshape global oil dynamics, influencing market perceptions and pricing trends amid geopolitical shifts. The pos...
Jul 3open_in_new