Keywords: Oil markets


IEA warns of tighter global oil supplies as Middle East tensions weigh on markets

The International Energy Agency (IEA) has warned that the global oil market is facing growing supply risks as escalating tensions in the Middle East put pressure on commercial inventories and threaten key energy routes. IEA Executive Director Fatih Birol said the agency was closely monitoring developments......

Global oil markets face widening discounts amid rising supply pressures

The global oil market is experiencing a notable shift as widening discounts across several crude grades reflect growing supply pressures and changing market dynamics. Increased production from major exporting regions and expectations of additional crude flows have contributed to a softer pricing environment......

US says it is clearing Strait of Hormuz amid tensions with Iran

The United States has begun operations to secure the strategically vital Strait of Hormuz, according to President Donald Trump, as tensions with Iran continue to affect global energy flows and maritime security. In a statement shared on social media, Trump said US forces were “clearing”......

Fuel prices continue to rise in Lebanon amid regional tensions

Fuel prices have risen again across Lebanon, reflecting mounting pressure from global oil market volatility and ongoing regional tensions. The latest price adjustments, released by the Ministry of Energy, show a noticeable increase across all major fuel categories. Gasoline, diesel, and household gas......

OPEC keeps oil demand forecast despite supply shocks from Iran war

OPEC has maintained its global oil demand projections even as supply disruptions linked to the war involving Iran shake energy markets. The organization confirmed that Saudi Arabia led a significant increase in production in February, raising output by 250,000 barrels per day in what appears to have......

Oil rebounds above $89 after historic $38 swing amid Iran war turmoil

Global oil markets have experienced extreme volatility this week, with crude prices swinging by tens of dollars within hours as traders struggled to interpret conflicting signals from Washington about the United States conflict with Iran and the security of the Strait of Hormuz. Brent crude futures......

Burry warns markets underestimate Venezuela raid's global impact

Investor Michael Burry, famed for foreseeing the 2008 financial crisis, argues that financial markets are dramatically underplaying the ramifications of the United States' bold military operation in Venezuela. He contends that the muted response in oil prices and stock movements conceals a seismic......

Fuel Prices Drop Again, Bringing Relief for Moroccan Drivers

Moroccan motorists received encouraging news at the pump this week as fuel prices continued their downward trend. Reports from major cities across the country confirm that the cost of diesel and gasoline experienced a decline on Tuesday, offering additional relief for drivers grappling with high fuel......