Iranian Foreign Minister Abbas Araghchi on Thursday responded to President Trump’s threat during his recent address to the nation to take Iran “back to the Stone Ages” with ongoing U.S. mili... Read more

The spot price reflects the demand for Brent oil that will be delivered in the next 10 to 30 days. The high price for more immediate oil deliveries points to the tightness of physical supply... Read more

The oil market was hoping that President Donald Trump would present a clear exit strategy in the U.S. war against Iran. Instead, Trump vowed to continue the war for weeks and hit Iran... Read more

April 2 (Reuters) – Russia’s Baltic Sea port of Primorsk, one of country’s largest export gateways, lost at least 40% of its storage facilities in Ukrainian ‌drone attacks... Read more

When launching a rocket into space, astronauts must prepare for any number of unforeseen problems, from fuel leaks to faulty sensors. The last issue they might expect at the critical moment... Read more

April 2 (Reuters) – Russian oil output cuts are imminent because Ukraine’s strikes on port infrastructure, pipelines and refineries have reduced export capability by 1 million ba... Read more

U.S. President Donald Trump said he will end the war in Iran within three weeks. Concerns about oil demand destruction and potential energy rationing are still lingering in markets. Brent cr... Read more