Saudi Arabia’s oil pipeline bypassing Hormuz damaged in Iranian attack, source says
(BOE Report) – Saudi Arabia’s crucial East-West oil pipeline, currently its only outlet for crude exports, was hit in an […]
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Oil prices to remain volatile despite US-Iran ceasefire deal
(Investing) – Oil prices will continue to remain volatile despite falling 10-15% after the much-awaited ceasefire deal between the U.S. and […]
360 News Desk, Afro2, Crude inventories, Crude Oil, crude oil storage, EIA, Featured, Weekly Crude Oil Inventories, Weekly Inventories
U.S. crude oil inventories increase by 3.1 million barrels
Weekly Crude Oil Storage as of April 3, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum […]
War redraws energy trade routes
(By Oil & Gas 360) – As conflict in the Middle East disrupts traditional flows, Russia is quietly repositioning itself […]
Power demand surge is rewriting the energy equation
(By Oil & Gas 360) – A new phase of energy demand is emerging, and it is being driven less […]
Heads of IEA, IMF, World Bank to meet next Monday to discuss energy crisis
(BOE Report) – The leaders of the International Energy Agency, the International Monetary Fund and the World Bank will discuss […]
Hungary set to agree to buy U.S. oil during JD Vance visit
(Oil Price) – Hungary is expected on Tuesday to agree a $500-million oil supply deal with the United States during the […]
Crude oil and petroleum product prices increased sharply in the first quarter of 2026
(EIA) – Crude oil and petroleum product prices increased significantly in the first quarter of 2026 (1Q26), particularly following military […]
Kharg Island targeted in U.S. strikes as Hormuz tensions lift oil prices
(World Oil) – The U.S. carried out strikes near Iran’s Kharg Island early Tuesday, targeting military sites while avoiding key […]
Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsens
(Investing) – LONDON – European and Asian refiners are paying record high prices of near $150 a barrel for some crude […]