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OPEC daily crude output up 0.7% in May

- Global oil demand growth forecast for 2025 remains unchanged at 1.29 million barrels per day

15:17 Oil

Oil prices rise as Israel-Iran tensions stoke supply fears

- Escalating hostilities reinforce expectations of potential oil supply disruptions and heighten concerns over security of Strait of Hormuz, key chokepoint for global energy trade

11:14 Oil

Iranian missiles damage oil refinery in northern Israel

- Missiles hit Bazan oil refinery complex in Haifa, causing damage to pipelines, transmission lines, operator says

15.06.2025 Oil

US oil rig count down by 3 for week ending June 13

- Number of US oil rigs fall by 49 compared to one year ago

14.06.2025 Oil

IEA: Oil supplies stable for now, but we're ready to act if needed

- IEA Executive Director Fatih Birol: "The IEA oil security system has over 1.2 billion barrels of emergency stocks"

13.06.2025 Oil

Oil set for second weekly gain on Israeli airstrikes, stronger demand outlook

- Prices reach highest levels in nearly five months following Israeli attack on key Iranian military and nuclear sites

13.06.2025 Oil

Brent oil surges more than %7 following Israel's strikes on Iran

- Oil prices hit their highest in almost five months after Israel struck Iran

13.06.2025 Oil

Japan resumes Russian crude oil imports after over 2-year hiatus: Report

- Sanctioned vessel, Voyager, delivered crude to Taiyo Oil refinery on June 8

12.06.2025 Oil

US energy agency slightly revises up Brent price forecast for 2025

- International benchmark Brent crude estimated to average $65.97 per barrel

11.06.2025 Oil Energy Projects

Oil prices edge up on US-China trade hopes amid market caution

- Oil prices rise slightly on optimism over US-China trade deal, tempered by market caution and uncertain details

11.06.2025 Oil

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Russia's budget posts $43.2B deficit amid falling oil prices

- Russia's budget revenues up 3.1%, while expenditures soared 20.8% year-on-year this January to May

11.06.2025 General

Russia extends oil and products export ban until end of year

- Decision to prohibit oil and petroleum products export to parties complying with Western price cap prolonged until Dec. 31, 2025

10.06.2025 Oil Energy Diplomacy

Brent crude falls below $66 on China data, OPEC+ output plans

- Oil markets under pressure from trade tensions, ahead of US jobs data

09.06.2025 Oil

US oil rig count down by 9 for week ending June 6

- Number of US oil rigs fall by 50 compared to one year ago

07.06.2025 Oil

Oil prices end week higher on Ukraine-Russia tensions, falling US inventories, and trade hopes

- Oil posts strong weekly gain as geopolitical risk rises, inventories fall, and rate cut hopes lift sentiment

06.06.2025 Oil

Brent crude dips slightly on demand worries, geopolitical uncertainty

- Oil prices see limited movement as weak economic data from the US and China weigh on demand outlook, while geopolitical tensions keep markets on edge

06.06.2025 Oil