Oil Supply News

A hit on a Saudi pipeline has put 4% of the global oil supply at risk.

Saudi Arabia has shut down a major oil pipeline amidst Houthi attacks, putting 4% of the global oil supply at risk and potentially disrupting Saudi oil exports,

An outage in Saudi Arabia's East-West pipeline, which reroutes approximately 4 million barrels per day, threatens a 4% loss of global oil supply after it was sh

New fears for global oil supply emerge as Houthis seize a key island and a Saudi pipeline is attacked, potentially giving Iran a critical advantage in its confl

अंतर्राष्ट्रीय ऊर्जा एजेंसी (IEA) ने ईरान युद्ध के तेज होने के कारण वैश्विक तेल मांग और आपूर्ति के अपने पूर्वानुमान को फिर से घटा दिया है। पेरिस स्थित एजेंसी अब

U.S. diesel prices have reached a new record, surpassing $6 a gallon on average, intensifying financial pressure on the transportation of everyday goods. This s

Russia's Kremlin envoy stated that Russia is prepared to supply India with as much oil as needed, criticizing 'pressure tactics' on New Delhi and commending Ind

Indian refiners are not concerned about an immediate oil supply crunch despite renewed conflict in West Asia, expecting stable supplies. They anticipate former

Bharat Petroleum Corporation (BPCL) is set to receive its first Iraqi crude oil shipment to secure supplies amidst disruptions in the Strait of Hormuz, with pla

Over 43% of the world's oil supply is now affected by conflicts, with ongoing tensions in the Gulf and Ukraine reducing refining capabilities by 10%. This has l

Brent crude oil prices remained above $90 amidst new US sanctions on Iran and a tense situation in the Middle East following damage to an oil tanker near Oman's

Oil prices are falling as investors anticipate new U.S. sanctions against Iran, which are expected to disrupt oil supply routes in the Middle East. U.S. Treasur

Despite Iran's claims, oil continues to flow through the Strait of Hormuz, with U.S. officials reporting significant volumes, suggesting the Iran war could be p

Oil prices are rising for a second consecutive week due to escalating US-Iran tensions, sanctions, and potential disruptions in the Strait of Hormuz, which are

Idemitsu has begun sourcing Saudi crude oil via the Suez route and its president sees no risk to stable supplies.

The International Energy Agency (IEA) has warned that the global oil supply shortfall could deepen further.

Ukrainian drone strikes deep inside Russia have reportedly killed at least 13 people, marking one of the highest civilian death tolls in recent months as Ukrain

Oil analysts are puzzled by a discrepancy in oil supply data, coinciding with the release of new jobs figures.

Indian refiners could see Russian crude imports reach a record 3 million barrels per day if shipping through the Red Sea remains stable. The East-West (Yanbu) p

Oil prices have surpassed $100 a barrel, with experts like Bob McNally of Rapidan Energy Group attributing the disruption in oil supplies to the Iran war, sugge

Experts warn that a new Houthi threat could escalate the Iran war, potentially disrupting another key oil supply and further depleting US munitions stockpiles.

Threats from the Iran-backed Houthi group to blockade Saudi Arabia's maritime routes could disrupt the kingdom's crude oil exports, potentially impacting India,

Saudi Arabia is projected to regain a significant share in India's crude imports, with an expected supply of 464,000 barrels per day in July, recovering from a

As US-Iran tensions disrupt the Strait of Hormuz, Gulf countries are exploring alternative strategies to reduce their reliance on the vital waterway for oil sup