Heavy-duty engine oil marketers can begin finalizing formulations and preparing product packaging to meet the new oil ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.3 million barrels in the week ending March 20. In the week prior, US crude oil inventories ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The American Petroleum Institute (API) estimated that crude ...

The UK has made a significant decision by granting its armed forces the authority to board suspected vessels from a 'shadow fleet' associated with Russia. These tankers are thought to clandestinely ...

No single country, company or group sets oil prices. Instead, prices are determined through global trading. According to the U.S. Energy Information Administration (EIA), millions of buyers and ...

The oil market is in backwardation: a phenomenon where futures with near-term deliveries are marketed at a premium over longer-dated contracts. Market watchers spoke to CNBC about what the ...

India’s decision to sharply cut excise duty on petrol and diesel comes against the backdrop of a rapidly escalating crisis in West Asia that has sent global oil markets into turmoil. The move, ...

Trump’s approval rating has taken a big hit as several Americans express growing dissatisfaction with his handling of the economy and the cost of living. The four-day poll, completed on March 23, 2026 ...

Trump administration officials are making a desperate push to secure every available barrel of oil amid a worsening energy crisis — even if it means lifting sanctions on the very country that they’re ...

The Strait of Hormuz has been effectively closed for almost four weeks – throwing global oil markets into chaos – and there is no clear end in sight. Iran’s threats and attacks on vessels in the Gulf ...

The SPDR Bloomberg International Treasury Bond ETF faces downside risk due to rising global rates driven by the Iran conflict. BWX’s 7.4-year duration and 2.8% SEC yield leave it vulnerable to further ...