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Oil Imports Exempted from Trump’s Sweeping Tariffs
WASHINGTON — The U.S. oil industry received a significant relief on Wednesday as imports of oil, gas, and refined products were exempted from President...
What Container Can I Put Petrol In?
When handling petrol (gasoline), safety is of paramount importance. Whether you need to store petrol temporarily, transport it for use in small engines, or...
The Commodities Feed: Sanctions Push Oil Higher
Energy – US Tightens Sanctions on Iranian Oil Exports Oil prices saw a significant rally yesterday, with ICE Brent crude closing more than 1.7% higher...
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US Slaps Iran-Related Sanctions on Oil Tankers, Chinese ‘Teapot’ Refinery
On Thursday, the U.S. Treasury Department imposed new sanctions targeting entities linked to Iran’s oil trade. Among...
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Brent Oil Price Forecast – March 14, 2025
Brent oil prices are making a push to break above the $70.75 level, which, as highlighted earlier,...
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Brent Oil Price Attempts Recovery – Forecast for March 12, 2025
Brent oil prices have risen past the $70.10 level, reaching the resistance line of the bearish channel...
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Oil prices skid $3 a barrel as investors take profits ahead of OPEC+ meeting
By Yuka Obayashi TOKYO (Reuters) - Oil prices fell by around $3 a barrel in early Asian trade on Thursday as investors cashed in on...
Oil prices slide after report Saudi Arabia could step up if Russian output dips under sanctions
Oil prices dropped more than 2% following a report that Saudi Arabia is prepared to raise crude production if Russia’s output significantly falls following...