May 13, 2026 9:10 pm
IEA oil market report warned of a severe global supply shortfall in 2026 due to disruptions caused by the Iran conflict and Gulf instability.
April 21, 2026 11:52 am
About 80% of oil and oil products transiting the Strait of Hormuz in 2025 were destined for Asia. The war has significantly affected fuel deliveries, and could force a shift to both conventional and renewable alternatives.
April 20, 2026 6:54 am
The market reaction followed more than two days of growing hopes and dashed expectations involving the strait.
April 02, 2026 9:00 am
During his address to the nation, Trump said, the US is producing more more oil and gas than Saudi Arabia and Russia combined.
March 30, 2026 12:56 pm
It would be ironic if the theocratic regime in Iran survives, but the Republican Party loses its hold over the US Congress in November in a prelude to the loss of the Presidency in 2028
March 24, 2026 10:40 pm
The government ordered refiners to maximise LPG production, and directed them to divert propane, butane, and other streams from petrochemical manufacturing to LPG production.
March 11, 2026 10:16 pm
IEA member countries currently hold over 1.2 billion barrels of public emergency oil stocks, with a further 600 million barrels of industry stocks held under government obligation.
January 09, 2026 7:58 pm
The Olina, which was falsely flying the flag of Timor Leste, had previously sailed from Venezuela and had returned to the region.
January 07, 2026 8:05 am
Venezuela’s acting President, Delcy Rodríguez, rejected Trump’s remarks.
December 18, 2025 2:28 pm
The question to ask is whether this oil will nourish or stress my body


