
Why Crude Oil Won't Break $70 Barrier Soon: Report
In a landscape of oversupply and sluggish demand, crude oil prices are set to remain below $70 per barrel for the foreseeable future. MK Wealth Management's latest analysis reveals that while...
All news stories and reports tagged with #global oil supply.

In a landscape of oversupply and sluggish demand, crude oil prices are set to remain below $70 per barrel for the foreseeable future. MK Wealth Management's latest analysis reveals that while...

Amid swirling rumors of energy shortages, senior government officials in New Delhi have firmly rebutted concerns over India's vulnerability to global oil shocks. The nation boasts stockpiles...

Ship tracking reports confirm a landmark event: the first LNG tanker to exit the Strait of Hormuz since West Asian tensions ignited on February 28. The Mubaraaz, carrying cargo from ADNOC's Das...

Global crude oil markets are on edge as ambiguity over the Strait of Hormuz's status propels prices to new heights. Brent crude futures crossed the $103 per barrel mark on Thursday, reflecting...

Russia’s top envoy to international organizations in Vienna, Mikhail Ulyanov, has cautioned that American and Israeli forces may soon launch renewed attacks on Iran. In a series of social media...

In a bid to calm global nerves over energy security, Iran's top diplomat Seyed Abbas Araghchi announced from New Delhi that the Strait of Hormuz stays open for business—except to adversarial nations....

President Donald Trump concluded his China trip on a triumphant note Friday, announcing a 'fantastic trade deal' forged during intensive talks with Xi Jinping in Beijing. The discussions, held on the...

New York erupted in diplomatic fireworks as Russia's UN envoy Vassily Nebenzia staunchly defended Iran's right to control the Strait of Hormuz. During a heated Security Council session, he proclaimed...

With just days until the Iran-US ceasefire expires on April 22, Tehran reports steady advancement in direct talks, but Parliament Speaker Mohammad Bagher Ghalibaf warns of unresolved rifts on core...

In a blistering response, Iran's top diplomat Esmaeil Baghaei branded European Commission VP Kaja Kallas's call for open access to the Strait of Hormuz as 'extreme hypocrisy.' The verbal salvo came...

A new headache grips the already volatile Middle East as Iran grapples with the aftermath of its own making in the Strait of Hormuz. Fresh intelligence from US sources reveals that the country cannot...

Tensions simmer in the Persian Gulf as President Donald Trump blasts Iran for allegedly violating a hard-won ceasefire. The focal point: the Strait of Hormuz, where reports suggest Tehran is...

With Middle East conflicts escalating, the European Union is gearing up for urgent discussions on maintaining open access to the Strait of Hormuz. EU top diplomat Kaja Kallas revealed that member...

President Donald Trump issued a stark warning to Iran on Saturday, rallying international support to safeguard the Strait of Hormuz. The chokepoint for global oil shipments faces imminent threats,...

President Trump remains unfazed by fuel cost anxieties as US forces engage Iran in a decisive military push. Speaking to journalists on Air Force One, he declared abundant global oil supplies would...

As clashes with Iran intensify under Operation Epic Fury, the United States has signaled readiness to provide naval protection for oil tankers passing through the Strait of Hormuz. White House...