Russia's Oil Product Exports Rise
Russia's oil product shipments climbed to a three-month high in September.
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Oil Advances Amid War and Hurricane Risks
Oil prices edged higher as Middle East tanker attacks and Hurricane Isaias heightened supply concerns.
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USA Crude Oil Stocks Drop Over 3MM Barrels Week on Week
Commercial crude oil stocks, not including the SPR, came in at 424.134 million barrels on October 2, the EIA revealed.
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IEA Members Support Oil Stock Release Acceleration
IEA member governments 'expressed support for accelerating the oil stock releases announced in the Collective Action of March 2026', IEA Executive Director Fatih Birol said.
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121 Gulf Platforms Evacuated as Isaias Gets Stronger
That represents 32.61 percent of the 371 manned platforms in the Gulf of America, the Marine Minerals Administration highlighted.
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Oil Surges as Iran Tanker Attacks Escalate
Crude posted its biggest gain in a month amid Middle East tensions and hurricane-related production cuts.
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Supertankers Racing to Middle East Worsen Ship Crunch
Supertankers are racing to the Middle East to cash in on soaring fees for carrying oil through the Strait of Hormuz.
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EIA Boosts Oil Price Forecast by $5 in 2026, $10 in 2027
The U.S. Energy Information Administration raised its 2026 Brent crude oil spot price forecast by more than $5 per barrel and its 2027 Brent price forecast by $10 per barrel.
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India Shuns Costly Russian Oil
Indian refiners have cut back Russian crude purchases for November delivery.
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Oil Prices Rebound Intraday Thursday
Naeem Aslam, CIO at Zaye Capital Markets, outlines the main driver.