COMMENTARY: Latest Oil Crisis Readies Hammer for Demand Curve

By NEW YORK, March 18 (Reuters Breakingviews) – It took two Middle East oil shocks for the world to really focus on energy efficiency. The result was a multi-decade, steady…

Tehran’s Oil Exports Remain Resilient as Iranian Crude Passes Hormuz

Iran’s oil exports haven’t collapsed since the war in the Middle East began—Tehran continues to ship its oil through the Strait of Hormuz while targeting and warning tankers carrying crude…

Big Oil’s Green Retreat Marks First Investment Decline Since 2017

The world’s top oil and gas companies slashed investments in green energy in 2025 from a year earlier, for the first decline in their spending on low-carbon energy solutions since…

Saudi Arabia Restarts Ras Tanura Refinery After Drone Attack

Saudi oil giant Aramco has restarted operations at the Kingdom’s biggest refinery Ras Tanura, which was shut as a precaution in the early days of the war following a drone…

Oil Prices Surge as Brent-WTI Spread Blows Out on Iran Supply Risk

Oil prices surged sharply on Wednesday as the Iran conflict continued to disrupt flows through the Persian Gulf, with the global benchmark pulling decisively away from U.S. crude as the…

Iran Warns Gulf Nations of Major Response

Iran warned countries around the Persian Gulf that a number of energy assets are now “legitimate targets” after Israel  its giant South Pars gas field, sending further shockwaves through oil and…

BP Locks Out Union Workers at its Midwest Refinery

BP locks out union workers at its Midwest refinery BP on Tuesday said it will lock out approximately 800 United Steelworkers members from its 440,000 barrel-per-day Whiting, Indiana, refinery starting…

PERSPECTIVE: China’s Economic Hand Quietly Strengthens as Trump Hogs Spotlight: McGeever

By Jamie McGeever (Reuters) – With much of the world’s focus this year fixed on U.S. President Donald Trump’s controversial foreign policy agenda, many may have missed China’s quiet –…