GMT: 2026-06-20 17:23
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World Energy Dilomacy

Indian refiners have enough crude to last them two months, so they will not be scrambling to buy Middle Eastern

Oil prices began to climb once again in early Asian trade on Friday due to uncertainty over the outcome of

Three big Saudi oil tankers left the Gulf through the Hormuz Strait on Thursday, maritime trackers said, after leaders vowed

President Donald Trump hailed the deal ending the US-Israel war with Iran with a triumphant message: “Ships of the World,

International Energy Organizations

The gap between agencies’ outlooks for the global oil market widens in 2026 but narrows in 2027. Demand projections range

Global oil demand is forecast to decline by 1.1 mb/d y-o-y in 2026. This represents a downgrade of 700 kb/d

Oil production and exports from GCC countries will recover gradually if the US-Iran peace deal holds, potentially creating a significant