Global crude stockpiles fell by nearly 200mn barrels in April amid Middle East supply disruptions
Global crude oil reserves hit record lows in April amid Middle East conflict and supply strains, despite reduced demand.
06 May 2026
Crude Oil Prices Fall on Hormuz Shipping, Iran Deal Hope
Crude oil prices declined amid signs of easing Mideast tensions, as hope for a nuclear deal and new shipping plans in the Strait of Hormuz buoyed markets.
03 May 2026
Oil Surge Fuels BP's $3.2 Billion Q1 Profit Leap
BP Q1 profit rose to $3.2bn, beating expectations, as Brent neared $110 and oil trading gains offset flat upstream output.
28 Apr 2026
Stocks Slide as Volatility Spikes, Oil Surges
Global equities fell on April 20, 2026 as the VIX jumped to 19.10 and crude oil surged to $89.08, while Europe slid and Asia rose.
21 Apr 2026
Oil Surges as Strait of Hormuz Tensions Mount
Crude oil futures jumped, with WTI up 5.23% to $99.35, as a fragile cease-fire and Strait of Hormuz risks lifted supply fears.
09 Apr 2026
Oil prices drop below $100 after Iran cease-fire
Oil prices fell below $100 after a two-week Iran cease-fire announcement that reportedly includes reopening the Strait of Hormuz.
08 Apr 2026
US Oil Export Ban: Global Price Shock?
US oil export ban proposals could cut global supply, widen Brent-WTI spreads, and test alliances, with uncertain effects on US pump prices.
23 Mar 2026
Geopolitical Tensions and Economic Data Impact Market Outlook
Middle East geopolitical tensions fuel inflation concerns & subdued markets. Watch upcoming economic data & Fed rate cut expectations.
13 Mar 2026
Middle East Pipelines Bypass Hormuz for Oil Exports
Middle East pipelines in Saudi Arabia and the UAE are operating at near maximum capacity, bypassing the Strait of Hormuz for oil exports.
11 Mar 2026
