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The United States exported 10.7 million barrels of oil per day in 2025, while the Middle East supplied 29% of the global total.
(Oil Price) – Almost half of the world’s oil supply is produced in regions currently engaged in hot conflicts, Reuters reported this week. […]
See where U.S. oil imports came from in 2025, with Canada supplying nearly 57% of the 7.9 million barrels of oil imported into the U.S. daily.
OPEC has just announced a rather significant downgrade to its oil demand outlook for this year. The bloc slashed its growth forecast to just 400,000 bpd, down from the 1.4 million...
(World Oil) – Major OPEC+ nations agreed to keep oil production quotas unchanged next month, as conflict in the Middle East […]
Canada now supplies more than 4.5 times as much crude oil to the U.S. as OPEC members, reversing the balance of 50 years ago.
IEA Warns of Widening Oil Supply Gap The International Energy Agency (IEA) warned in September that disruptions caused by conflicts The post IEA Oil Supply Gap Widens as Inventorie...
Scott Bessent did not rule out OPEC "falling apart"
Almost half the world's oil comes from countries affected by conflict in 2026, Reuters calculations show, underscoring that current disruptions have eclipsed previous energy crises...
Consumption of crude is still rising and countries will require even more supply for at least the next two years while rebuilding their inventories, Amin Nasser said.
Gulf producers are working to ramp up production and exports and have succeeded in boosting crude flows to near pre-war levels.
Faith Birol underlined that the impact of the Strait of Hormuz crisis on energy markets remains acute, particularly for diesel, while highlighting the IEA's ongoing efforts to supp...
Middle East crude exports recently climbed to their highest levels since the start of the Iran war as more Gulf producers resume transit through the Strait of Hormuz - despite th...
(Oil & Gas 360) –В Crude oil prices remained on track for weekly gains Friday as concerns about the reliability of […]
The estimates point to a market still meaningfully undersupplied relative to pre-war norms, even as flows continue to recover from their March trough. The suggestion that Hormuz tr...
According to Kpler, roughly 40% of oil from Gulf states now leaves without crossing through the Strait of Hormuz.
In 2023, the International Energy Agency predicted that by 2028 the world’s oil companies would produce more oil than people wanted to buy. Prices responded to that and similar pro...
The rollover keeps the supply picture unchanged, and that picture is tight. Brent is still above $100 a barrel, up from about $73 before the war began in late February. Friday's di...
See where U.S. oil exports went in 2025, led by the Netherlands and Mexico, as American oil reached major markets across six continents.
The U.S. supplied 15.4% of global diesel exports in 2025, leading a market where five countries shipped nearly half the total.
Seven major oil-exporting countries agreed Sunday to keep production steady in November at a time when the Iran war has driven the price of benchmark Brent crude oil above $100 a b...
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