Oil
Trump Expands Access to Tax-Exempt Diesel as US Fuel Prices Surge
US President Donald Trump has moved to expand access to tax-exempt diesel as the administration seeks to bring down fuel costs that have...
Global Stocks Rise as Fed Rate-Hike Bets Fade, Dollar Strengthens
Global stocks gained on Monday, October 5, after weaker-than-expected US jobs data reduced expectations that the Federal Reserve would raise interest rates this...
Global Oil Stocks Could Take Two Years to Rebuild, Aramco CEO Warns
Global crude oil and refined fuel supplies could remain under pressure for up to two years as countries work to rebuild inventories depleted...
Iran Says Hormuz Will Stay Closed Until Seven Conditions Are Met
Iran will keep the Strait of Hormuz closed until seven conditions agreed in a June interim understanding with the United States are fulfilled,...
Yemeni Government Forces Retake Key Bab el Mandeb Positions With Saudi Support
Saudi backed Yemeni government forces have captured key positions overlooking the Bab el Mandeb Strait as they push to reverse recent advances by...
OPEC+ Keeps November Oil Output Targets Unchanged Amid Supply Disruptions
OPEC+ has agreed to keep its November oil production targets unchanged, as disruptions linked to the conflict in the Middle East continue to...
G7 Oil Stock Release Expected to Ease Diesel Supply Pressures
The coordinated release of up to 100 million barrels of crude oil and petroleum products by the Group of Seven is expected to...
Trump Announces $8.4bn US-South Korea Oil Recovery Project
US President Donald Trump has announced an $8.4 billion enhanced oil recovery project involving South Korea, but Seoul says the project is not...
