Oil and Petrochemicals
Decline in U.S. Crude Oil Prices Ahead of Weekly Increase
U.S. crude oil has fallen below $100, but is moving towards a weekly increase. This decline has halted the streak of gai...
Oil and Petrochemicals
Oil and Petrochemicals
Attack on Saudi Oil Pipeline; Flames Rising in the World's Most Oil-Rich Country
A key oil pipeline in Saudi Arabia was attacked, and flames rose into the sky. This incident is a warning for global ene...
Oil and Petrochemicals
Giorgia Meloni: Italy is Accelerating Oil and Gas Projects
Italy has taken measures aimed at boosting domestic oil and gas production. Giorgia Meloni, the Prime Minister of Italy,...
Oil and Petrochemicals
International Energy Agency Analysis: US-Iran Tensions Delay Return of Oil Flow
The International Energy Agency has lowered its forecast for global oil demand and expects consumption to decrease by 2....
Oil and Petrochemicals
Crude Oil Reaches $160; Severe Fluctuations in Financial Markets
The price of crude oil has reached an unprecedented level of $160 per barrel, and financial markets in the United States...
Oil and Petrochemicals
Mike Wirth's Warning Message: Oil Reserves are Depleting
Chevron's CEO, Mike Wirth, spoke about the consequences of dwindling oil reserves and the potential rise in prices as a...
Oil and Petrochemicals
Oil tanker rates hit historic highs; Iran and the US clash in the Persian Gulf
VLCC tanker rates reached 450 global points, and maritime tensions between Iran and the US escalated. Attacks on ships i...
Oil and Petrochemicals
Rise in Oil Prices Following Iran's Attacks on U.S. Military Assets in the Persian Gulf
With the onset of Iran's latest attacks on U.S. military assets in the Persian Gulf, oil prices in the global market inc...
Oil and Petrochemicals
QatarEnergy Seeking LNG Contracts in the United States Until 2031
QatarEnergy is looking to expand its influence in the U.S. liquefied natural gas market. The company has long-term plans...
Oil and Petrochemicals
Houthi Attacks on Saudi Arabia's East-West Oil Pipeline; Flames in the Sky
The East-West oil pipeline in Saudi Arabia caught fire following a Houthi attack. Published images from the scene show a...
Oil and Petrochemicals
Brent Oil Price Drop: What Has Happened to the Market?
The price of Brent oil has surprisingly decreased today, and markets are reacting to these changes. Analyses indicate th...
Oil and Petrochemicals
IEA Cuts Oil Demand Forecast for 2026 Significantly
IEA has reduced its oil demand forecast for 2026 by 1.6 million barrels per day due to Middle Eastern disruptions. This...