Crude oil sales from the world’s biggest exporter, Saudi Arabia, are set to surge as 2026 begins, with customers from the US to Asia all set to receive more supply amid growing concerns over an oil ...
Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Chinese crude oil demand will peak by 2030, a new report from the China National Petroleum Corp ...
The world has more oil than it needs, but a drop in crude prices this week to the lowest level in nearly five years may help slow production and boost demand — potentially eating into a supply surplus ...
Nearly half a dozen tankers laden with crude have departed from Venezuela’s coast since the Trump administration intensified efforts to curb Caracas’ oil revenue by targeting sanctioned vessels. Most ...
Oil pressured by supply glut concerns Oil remained largely on the backfoot amid persistent concerns over a supply glut in 2026. Recent reports from industry bodies – chiefly OPEC and the IEA – showed ...
President Trump said the United States wanted to reclaim expropriated oil assets, setting off a nationalist reaction in a country where the resource holds a mythical status. By Simon Romero Simon ...
OPEC+ policy acted as an "accelerant, rather than the sole driver," for oil's losses this year, said Rebecca Babin of CIBC Private Wealth. The world has more oil than it needs, but a drop in crude ...
Engine oil performs several vital functions: it keeps everything lubricated and running smoothly while also preventing corrosion inside the engine block, keeps things somewhat clean, and even helps ...
On November 29, 2025, a drone strike on the CPC Black Sea terminal halted 1.3 million barrels of daily oil exports, about 1% of global supply, jolting markets as traders and refineries sought ...
We independently review everything we recommend. When you buy through our links, we may earn a commission. Learn more› By Joshua Lyon Joshua Lyon is a writer covering home and decor. He's also the ...
Lawmakers in California at both the state and federal levels are warning that refinery closures could push prices higher while leaving the state more dependent on foreign oil. At the center of the ...
Some Oil Tankers Set Sail From Venezuela Despite US Pressure The Evana oil tanker docked at the El Palito Port in Puerto Cabello, Venezuela, on Dec. 21. Photographer: Matias Delacroix/AP Photo ...
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