2+ day, 21+ hour ago   (536+ words) Iran and the US are digging in for a protracted war, with little sign of a near-term ceasefire or return to normal Middle East energy flows even if hostilities remain at a low intensity. Tehran’s leaders are resolved to keep…...

3+ day, 3+ hour ago   (728+ words) Iran is ready for a more intense war and will escalate counterstrikes if the US continues attacking its territory and infrastructure, according to a senior official from the Islamic Republic. Tehran has no intention of backing down in the face…...

4+ day, 15+ hour ago   (227+ words) Venezuelans are deeply divided over the Trump administration’s oil deal with the country’s interim authorities, with half saying the agreement will benefit the US more than Venezuela. Still, her disapproval rating — which had been steadily rising since she assumed the…...

5+ day, 4+ hour ago   (189+ words) Rigzone Chinese crude oil imports strengthened in August, as cargoes from the Persian Gulf crept higher and refiners increased purchases from other sources Undeterred by higher prices, importers shipped in 37.9 million tons last month, 6.2 percent more than in July, according…...

6+ day, 1+ hour ago   (532+ words) The statement, which highlighted that the seven OPEC+ countries met virtually on Sunday “to review market conditions and outlook”, outlined that the OPEC+ 7 “reaffirm[ed] [their] commitment to market stability” in the meeting. “The seven OPEC+ countries, which previously announced…...

6+ day, 2+ hour ago   (153+ words) Rigzone Iran said a deal with Oman to manage shipping through the Strait of Hormuz is days away The agreement, which the two countries have been negotiating for weeks, is in the final stages and will include details on a…...

1+ week, 1+ day ago   (361+ words) Rigzone Oil swung in thin holiday trading as renewed fighting between the US and Iran heightened supply concerns, while rare signs of progress toward ending the Russia-Ukraine war chipped away at the geopolitical risk premium West Texas Intermediate edged up…...

1+ week, 3+ day ago   (526+ words) President Donald Trump pressed US oil refiners to boost domestic production of gasoline and diesel during a closed-door meeting Tuesday, as he contends with high prices and mounting cost-of-living concerns before November’s midterm elections. Trump made clear he wants lower…...

1+ week, 3+ day ago   (335+ words) US diesel advanced to the highest price since hitting a peak in April during the initial phase of the US-Iran war, highlighting the inflationary pressures menacing the global economy as the conflict drags on. The nationwide average retail price reached…...

1+ week, 5+ day ago   (365+ words) Asian refiners have increased purchases of Argentinian crude as the Iran war disrupts supply from the Middle East and drives competition for barrels from other regions. Processors in Japan, South Korea and China bought Argentina’s Medanito oil in recent weeks,…...