There's a 'super glut' of oil coming in 2026 on weak demand and booming supply, top commodities firm says

Oil prices stumbled in 2025 on weaker demand and surging supply. One of the world's biggest commodities firms says the ...
Forbes

What Does And Doesn’t Drive Oil Prices

NEW YORK - APRIL 15: Traders call out during activity in the crude oil options area on the floor of the New York Mercantile Exchange April 15, 2008 in New York City. Oil prices set a new record high ...
Crude Oil Prices

Oil Tanker Storage Surges as Russia and Iran Face U.S. Sanctions

The U.S. sanctions on Russia and Iran have led to an “unprecedented” large volume of crude oil stored in tankers, Torbjörn Törnqvist, co-founder of commodity trading giant Gunvor Group, said on ...
Crude Oil Prices

Iran Oil Stockpile Surges to Two-Year High on China Demand Slowdown

Slowing imports from China have pushed the volumes of Iranian oil held in tankers at sea to the highest level in two and a half years. The volume of Iran’s crude in floating storage has jumped in ...