global oil supply
IEA to Release 400 Million Barrels of Oil in Largest-Ever Emergency Stock Release
Paris, France – The International Energy Agency (IEA) has announced plans to…
Saudi Aramco Shuts 550,000 bpd Ras Tanura Refinery After Iran Drone Strike
Ras Tanura, Saudi Arabia – Saudi Aramco has suspended operations at its 550,000…
OPEC+ Approves Faster Oil Production Hike as Gulf Crisis Escalates
OPEC+ has agreed in principle to increase oil production by 206,000 barrels…
Oil Tankers Avoid Strait of Hormuz Following US and Israel Strikes on Iran
Oil and gas tankers are increasingly avoiding the Strait of Hormuz following…