Öl WTI News
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This weekend's talks among OPEC+ nations provide the oil producer group with an opportunity to project unity after the shock departure of longtime member the United Arab Emirates....

Pakistan's economy faces sustained pressure with double-digit inflation likely to persist due to surging global oil prices amid the Middle East crisis. Rising energy costs and regional instability are projected to slow GDP growth and widen the current account deficit, impacting the stock market and currency....

Dünger und Diesel treiben die Kosten: Ein Biolandwirt setzt auf Sojaöl, Kreisläufe und eigene Energie....

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The meeting is scheduled to begin at 01:00 p.m. Moscow time (10:00 a.m. GMT)...

Syria is receiving hundreds of Iraqi oil trucks hauling crude overland as an alternative energy corridor to Europe....

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The incident marks at least the fourth vessel hijacking near Somalia in recent weeks....

Kyiv's audacious campaign of strikes has had only a modest impact on the gusher of oil money that has shored up Moscow's finances amid the Iran war....

Exxon Mobil Corp. and Chevron Corp. posted stronger-than-expected earnings for the first quarter as higher oil and natural gas prices outweighed production outages from the Iran war. Bloomberg Opinion Energy and Commodities Columnist joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)...

The output increase will remain largely on paper as long as the U.S.-Iran war continues to disrupt Gulf oil supplies....

Ukraine has intensified its long-distance missile campaign against Russian oil infrastructure, carrying out a record 21 attacks on refineries, sea terminals and pipelines in April — the highest monthly total since December....

Russian Black Sea Town Plunged Into Environmental Catastrophe After 4th Drone Strike On Oil Complex Russia's Tuapse on the Black Sea can't catch a break as it has been hit by Ukrainian drones for the fourth time within only a month, after a series of devastating attacks in April which unleashed large fires. On Friday another fire broke out at a marine terminal in Tuapse after this latest Ukrainian drone strike, regional emergency officials have confirmed. Over 100 fire-fighting personnel are battling the blaze. Tuapse has already been under a state of emergency for several days, when a Ukrainian drone strike triggered a massive refinery fire, forcing evacuations and spilling oil into coastal waters. 2026 Vantor/NBC via Getty Images That prior fire was only extinguished Thursday, and only 24 hours later the next drone strike hit. The town there has already been facing environmental disaster, with even black rain reported due to the constant thick black smoke hanging high above. Russia's con...

Major OPEC+ nations came to a provisional agreement on another modest but symbolic increase to supply targets for June, in the group's first move since the UAE's surprise exit, a delegate said....

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High tariffs, stubborn inflation, government shutdowns, war with Iran, rising oil prices — nothing in the turbulent past year has poked a hole in a seemingly unsinkable U.S. economy....

As the US naval blockade in the Strait of Hormuz tightens around Iran's oil trade, exports have plunged in recent weeks and storage is rapidly filling. Already, the country has begun curbing production, according to a senior Iranian official....

Seven members of OPEC+ have reached an agreement in principle to raise oil output targets by around 188,000 barrels per day in June, Reuters reported Saturday, citing unnamed sources....

Concerns about high oil prices are adding to inflation fears in Japan, as the BOJ just moved to rescue the yen from a roughly 40-year low....

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