News
OPEC Oil Production Jumps, But Gulf Supply Is Still Far From Normal
1+ hour, 48+ min ago (482+ words) Russian President Vladimir Putin has" The United States and China" OPEC's oil production rebounded sharply in June as Gulf producers finally began bringing shut-in barrels back online after months of war-induced disruptions. But despite the impressive headline number, the cartel…...
Hormuz Turns Oil Outlooks Into a Guessing Game
2+ hour, 8+ min ago (240+ words) Russia Scrambles for Asian Jet Fuel as Crisis Deepens PJM's power grid neared a" Reveille Resources is preparing to" Russian President Vladimir Putin has" Numbers Report " July 03, 2026 In the latest edition of the Numbers Report, we will take a look…...
Copper's Next Move Depends On Washington, Not The Strait Of Hormuz
2+ hour, 8+ min ago (496+ words) Russia Scrambles for Asian Jet Fuel as Crisis Deepens Sudan is seeking foreign investment" Goldman Sachs raised its copper" Six months after Operation Epic Fury upended the metals complex, the Strait of Hormuz still can't decide if it's open. Days…...
Russia Scrambles for Asian Jet Fuel as Crisis Deepens
3+ hour, 21+ min ago (429+ words) Brent crude has crashed over" The biggest long-term winners of" Russia's fuel crisis has reached the point where one of the world's biggest oil producers is preparing to import jet fuel. According to Reuters, Russia is set to receive at…...
DOJ Urges States to Enforce Fuel Price-Gouging Laws
4+ hour, 33+ min ago (512+ words) OPEC+ is expected to approve" Oil supply disruptions caused by" The Trump administration is taking its campaign against high gasoline prices to the states, and it's doing it formally. A little more than a week after President Donald Trump ordered…...
Total Energies Offers Millions of Barrels of Iraqi Crude to Asian Buyers
5+ hour, 27+ min ago (506+ words) China's emissions have surged this" The United States and China" Total Energies is offering millions of barrels of Iraq's Basrah Medium and Basrah Heavy crudes for prompt delivery to Asia this month and next, traders who had received some of…...
Power Prices Triple on PJM as Heat Wave and Data Centers Collide
6+ hour, 36+ min ago (394+ words) Soaring Imports Push India's Crude Stocks to Near 1-Year High The rapid expansion of artificial" Russian President Vladimir Putin has" America's biggest power grid pushed to the edge of an all-time record this week, and the bigger force behind it…...
Soaring Imports Push India's Crude Stocks to Near 1-Year High
8+ hour, 17+ min ago (462+ words) Oil prices are sliding on" Countries are now racing to" India's strategic and commercial crude oil inventories have jumped to a nearly one-year high as the world's third-largest crude oil buyer boosted its imports to a record high in June....
Citi: Oil Could Sink to $60 as Hormuz Traffic Normalizes
9+ hour, 12+ min ago (535+ words) China's emissions have surged this" The biggest long-term winners of" Brent Crude prices could plunge to as low as $60 per barrel by the end of the year, says Citigroup, which expects flows through the Strait of Hormuz to soon normalize…...
India Denies Directly Exporting Fuel to Russia, But Admits Traders May Be
10+ hour, 19+ min ago (495+ words) China's emissions have surged this" U. S. utilities are overcapitalized with" Indian refiners are not directly exporting any refined petroleum products to fuel-starved Russia, although some supplies from traders are likely reaching Russia, India's Oil Minister, Hardeep Singh Puri, has said. Reports…...