energy

Major OPEC+ nations have an agreement in principle to keep oil production quotas unchanged next month, as conflict in the Middle East continues to shutter swaths of the group’s output.

Iraq’s state tanker company arranged a very large crude carrier to transport 2 million barrels beyond the Strait of Hormuz, marking a move toward offering oil outside the Persian Gulf.

IEA's Birol says oil prices starting to fall after reserve release decision Reuters

EXCLUSIVE: OPEC+ delays oil capacity review after Iran war disrupts expansion plans, sources say Reuters

CME Group Inc. is shelving plans to launch a round-the-clock oil contract following industry pushback.

EXCLUSIVE: OPEC+ delays oil capacity review after Iran war disrupts expansion plans, sources say Reuters

CME Group Inc. is shelving plans to launch a round-the-clock oil contract following industry pushback.

G7 leaders said after a meeting on Friday that they would release 100mn barrels of crude and diesel

EXCLUSIVE: G7 countries agree on release of diesel and oil stocks after US pressure Reuters

The US Strategic Petroleum Reserve has reached a historic low. As oil markets continue to tighten, refilling the reserve will become increasingly difficult. The post The risks of the strategic petroleum reserve’s four-decade low appeared first on Atlantic Council.