US loans 30 million barrels from the Strategic Petroleum Reserve
April 10, 2026
DOE will loan up to 30 million barrels of crude from the West Hackberry SPR site, marking the third solicitation since fuel
Crude Oil
Middle East producers plan exports but blockade continues
April 10, 2026
Producers ask customers to nominate cargoes – Saudi Aramco, Kuwait Petroleum Corp (KPC) and Iraq’s SOMO have asked Asian refiners to
Goldman Sachs trims oil price forecasts but cautions supply risks remain
April 9, 2026
Goldman Sachs lowered its Q2 2026 Brent and WTI forecasts to $90 and $87 per barrel respectively, from $99/$91. The bank notes that
UK to insist Hormuz remains toll‑free and call for Lebanon’s inclusion in ceasefire
April 9, 2026
In a major speech, foreign secretary Yvette Cooper will argue that no tolls should be levied on ships transiting the Strait
Crumbling ceasefire drives oil back toward $100 and shakes markets
April 9, 2026
A fragile two‑week ceasefire in the Iran war is already showing cracks, pushing Brent back toward $100 and knocking European and
Tehran’s proposed Hormuz toll: An existential challenge for global energy
April 9, 2026
Reports suggest Iran wants to levy up to $2 million per vessel for ships transiting the Strait of Hormuz. The mere threat of
Recent News
Clean hydrogen investment passes $130 billion, but demand remains uncertain
September 11, 2026
The North Sea: Beyond oil and gas
September 10, 2026
